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Hanbury Mews, Hanbury Lane

Investment Property Sold
of

Sold
25 bedrooms    

Features

  • An opportunity to purchase an entire multifamily block of 25 apartments in a popular city centre location
  • The offering is currently generating a rent of €252,120 per annum compared to its market rent of €345,600 per annum.
  • The Dublin apartment letting market is performing strongly with demand outstripping supply.
  • The PRTB’s last published rental growth figures showed Dublin’s apartment rents grew by 9.88% than the previous year.

Location

The property is located on the northern side of Hanbury Lane just off Meath Street in Dublin's Liberities. The immediate area is predominantly residential in nature, however nearby Thomas Street offers numerous retail shops including Tesco, Lidl and Centra. Other occupiers in the area include National College of Art and Design (NCAD), Vicar Street Theatre and The Guinness Storehouse.

Dublin City Centre a short walk away with multiple public transport options close to hand.

Full Description

Hanbury Mews is a modern well located 3 storey “L” shaped apartment development completed in 2008. It comprises of 10 two bedroom apartments and 15 one bedroom apartments. The ground floor apartments enjoy and enclosed courtyard, while first floor has a south facing terrace area. One penthouse apartment at second floor enjoys its own private terraced area.


The apartments are fully furnished and have fitted modern kitchens. The block has a lift servicing all floors.

Website

Click here

Viewing Details

By special appointment with the sole letting agent, Lisney.

Accommodation

       1 Bed  2 Bed 2 Bed Penthouse  Total 
    Total units   15  9  1  25
    Average unit size sq.m  42.55  65  83  1,349
    Average unit size sq.ft  458  689  893  14,521
    No. of vacant units  2  0  0  2
    Average passing rent per unit (p.m) €723 €1,015 €1,035 €252,120 p.a
    Estimated rental value per unit (p.m) €1,050 €1,300 €1,350 €345,600p.a

Lease Details

Apartments are let on short term residential agreements.

Contact Details

Address: St Stephen's Green House, Earlsfort Terrace, Dublin 2
Telephone: +353-1-638 2700 or you can also email us at dublin@lisney.com

Lisney for themselves and the Vendor/Lessor whose Agents they are give notice that:

1. These particulars do not constitute any part of an offer or contract.

2. All statements contained in these particulars as to this property are made without responsibility on the part of the Agents or the Vendor/Lessor and none of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact.

3. The particulars, various plans, photographs, dimensions, references to condition and permissions for use and occupation  are given in good faith and are believed to be correct but their accuracy is not guaranteed and any intending Purchasers or Tenants shall satisfy themselves by inspection or otherwise as to correctness of each of them. No omission, accidental error or misdescription shall be ground for a claim for compensation or for the rescission of the contract by either the Vendor/Lessor or the Purchaser/Tenant.

  4. Neither the Vendor/Lessor nor Lisney nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to the property. 5. Prices are quoted exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the Purchaser/Tenant shall be liable for any VAT arising on the transaction. PSRA No. 001848.

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