Fully let office block at Citywest Business Campus guiding at €6.2m

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 24 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 77%

Lisney-Commercial-Real-Estate Nachrichten

Citywest-Business-Campus,Dublin,Dublin-24

3016-3018 Lake Drive offers buyer 8.04% net initial yield with short-term reversionary potential

Agent Lisney is guiding a price of €6.2 million for 3016-3018 Lake Drive at Dublin’s Citywest Business Campus. The subject property, a two-storey office block of 2,108sq m with 74 car-parking spaces comes to the market fully let to a range of well-established tenants including Pure Telecom, Schneider, and Aspen Pharma.

3016-3018 Lake Drive is generating a passing rent of €547,844 per annum and offers the prospective purchaser the opportunity to secure a net initial yield of 8.04 per cent and short-term reversionary potential to increase this to 8.5 per cent. The weighted average unexpired lease term is 5.85 years to break and 10.55 years to lease expiry.

Home of the Year winner revealed: restored 1920s redbrick ‘full of style and bold design’ lands the big prize

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 6. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stand-alone office block at Citywest Business Campus for €4.5m3008 Lake Drive comes with full vacant possession, a B3 Ber rating and a capital value of just €197 per sq ft
Herkunft: IrishTimesBiz - 🏆 6. / 77 Weiterlesen »

Business Today: Record low supply of second hand homes for sale, corporation tax worries and the tax advantages of marriageBusiness Today: The best news, analysis and comment from The Irish Times business desk
Herkunft: IrishTimes - 🏆 3. / 98 Weiterlesen »

Winners recognised amid record entries for the PwC Business Post Sustainable Business AwardsThe PwC Business Post Sustainable Business Awards recognised the achievements of some of Ireland’s leading businesses in the field of sustainability.
Herkunft: businessposthq - 🏆 8. / 71 Weiterlesen »