Investors looking for a suburban high street investment opportunity in south Dublin will be interested in two such investments for sale in Rathfarnham and Dundrum through QRE Real Estate Advisers. The agent is guiding in excess of €950,000 for both, but they are also available as separate lots.
The total rental income is €42,000 per annum and the guide price is in excess of €510,000, reflecting a net initial yield of 7.49 per cent. In addition to the attractive yield, the building is also not registered for Vat – which should be a big attraction for the private investor. The affluent suburb is situated about 6km south of Dublin city centre, is on the Luas Green line and is located a short walk from the Dundrum Town Centre as well as serving an affluent residential catchment.
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