Nos 8-12 Terenure Place and 11A on Rathfarnham Road and 2 Templeogue Road are generating more than €245,000 in annual rental incomeLisney Commercial Real Estate is guiding €3.4 million for a commercial investment portfolio in Terenure, Dublin 6W. The offering briefly consists of Nos 8-12, Terenure Place, No 2 Templeogue Road and unit 11A on Rathfarnham Road, and is generating overall rental income of €245,067 per annum from a mix of tenants.
The tenant line-up currently features a mix of retail businesses, offices and restaurants, a gym and warehouse accommodation. The occupiers include Think Bike, LaHoya Greens, Two Fifty Square, and Meghna Tandori. The properties collectively extend to 1,324sq m on a site of 0.2158 hectares facing on to the junction where Terenure Place, Templeogue Road and Terenure Road West merge in the centre of the village.
The entire plot is zoned “Z4 key urban village” in Dublin City Council’s development plan and is suitable for a variety of uses, subject to planning permission, according to the selling agent.