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Orion House, 53 Main Street,

Rathfarnham, Dublin 14,

Sale Agreed
Guide Price: €750,000
Property Highlights
A mixed-use investment
Significant asset management opportunity
Multi-let to include Retail, Café and Office use
Passing rent of €52,780
Tenants not affected
Net Initial Yield 6.40%
Property Location

The subject property is located on the Main Street, in the heart of Rathfarnham Village, Dublin 14. Rathfarnham is a densely populated and affluent suburb of Dublin and together with the adjoining suburbs of Rathgar, Terenure and Templeogue have a combined population in excess of 77,000 people. Rathfarnham is situated approximately 6.8km south of Dublin City and 4km north-west of Dundrum.

Property Description

Orion House (53 Main Street) is an attractive three-storey mid-terrace mixed-use building. The ground floor comprises two extensively glazed retail units situated either side of the entrance to the upper floor office accommodation. The first floor comprises two individual office suites together with common male and female WCs, together with a further two office suites at second-floor level.

Lease Terms

The subject property is let on multiple commercial tenancy agreements with a combined contracted rent of €52,780. The property provides an immediate asset management opportunity by way of letting the vacant retail/takeaway unit. The rental value of this unit is estimated at €25,000 per annum.

Property Size/Area
218.77 Sq.m (2,354 Sq.ft.)
Property Status
Sale Agreed
VAT
TBC
BER Grade

QRE Contact

Brian Kelly
Surveyor
Bryan Garry MRICS MSCSI
Director
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