Goodbody stockbrokers HQ returns to market at heavily reduced price of €32.5m

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Bannon Noticias

Goodbody-Stockbrokers,Ballsbridge,Dublin-4

Dublin 4 office block came close to being sold for €48m immediately prior to Covid-19 pandemic

After coming close to securing the sale of Goodbody Stockbrokers’ Dublin 4 headquarters for €48 million to Derek McGrath’s Core Capital immediately before the arrival of the Covid-19 pandemic, agent Bannon is offering the property for sale once more in a targeted off-market process.The subject property, which is owned by Intrust Properties, benefits from short-term passing income of €3.

No 2 Ballsbridge Park sits on a 1.1-acre site and comes for sale with full planning permission for an extension and refurbishment of the existing building to a total of 133,624sq ft. While the site is of a similar size to that of its neighbour, the building at No 1 extended to just 35,000 sq ft compared to the 57,576 sq ft footprint of the existing building at No 2.

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