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Block B

Nutgrove Office Park

Sale Agreed
Guide Price: €5,000,000
Property Highlights
Vacant Possession
Approx. 39,835 sq. ft
Approximately 28,400 sq.ft fitted accommodation with the remainder Block B1 in shell and core
Convenient South Dublin location in close proximity to M50 and Green Line Luas
Genuine asset management opportunity
Guide price in excess of €5,000,000
Guide price represents a capital value of €125 per sq.ft, significantly below replacement cost.
Property Location

Nutgrove Office Park is located just off Nutgrove Avenue (R821) which is a busy thoroughfare for traffic coming from Rathfarnham and Churchtown. Nutgrove Shopping Centre and Dundrum Town Centre are situated nearby. Some surrounding occupiers include Lidl, Home Store and More, Dillon Solicitors and Valentia Technologies. The property is within easy reach of the M50 junction 13 approximately 4.2km to the south. The area is serviced by various Dublin Bus Routes and the Green Line Luas (Dundrum Stop) is approximately 1.8km from the subject property.

Property Description

The property comprises a four-storey office building within Nutgrove Office Park. The park provides for 6 no. office blocks completed in c. 2001. The office accommodation is currently arranged over three blocks (two of which are interconnected) and is in a mixture of fitted (previously occupied) and shell and core condition. Block B1 is completed to shell and core specification whereas Blocks B2 and B3 provide fitted accommodation.

General specification (Blocks 2 & 3) provides for carpet and tile covered raised access floors, plastered and painted walls, air conditioning, suspended acoustic tiled ceilings, air and aluminium framed double-glazed windows.

45 surface car parking spaces are demised to the property.

Lease Terms

Please note that the following measurements and approximate only and all parties are advised to satisfy themselves to the accuracy of same.

Floor

Block B1 (sq. m)

Block B2 (sq. m)

Block B3 (sq .m)

Total (sq. m)

Ground

264

491

166

921

First

266

491

169

927

Second Third

266

491

169

927

Third Floor

266

491

169

927

Car Parking

12

25

8

45

Total

1,062

1,964

673

3,702

Property Size/Area
3,701 sq. m (39,845 sq. ft) GIA
Property Status
Sale Agreed
VAT
Please Refer to Agent
BER Grade
Location Map

53.291865556917, -6.2602661873283

Documents

QRE Contact

Bryan Garry MRICS MSCSI
Director – Investment & Agency
David O Malley MRICS MSCSI
Divisional Director
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