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.
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.
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.