Investors looking to take advantage of the strong demand for residential rental accommodation in the capital will be interested in the sale of numbers 49 and 50 Ranelagh Road in Dublin 6.
Located within walking distance of both Ranelagh village and the Charlemont Street approach to the city centre, the property comprises 16 vacant en-suite guest rooms and studios along with a commercial premises and is being offered to the market by agent QRE at a guide price of €3.75 million. The subject property extends to a total gross floor area of 920sq m and occupies a site area of 0.095 hectares .
An established physiotherapy clinic practises from the hall and first floor of the front section of the property and has recently agreed terms, albeit subject to signing, for a new long-term lease. This tenant is unaffected by the sale of the property.
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