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  • Dublin 2 office on the market for €450,000
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May 16, 2012 - 16:12

Dublin 2 office on the market for €450,000

The MyHome Newsdesk
By The MyHome Newsdesk
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Dublin 2 office on the market for €450,000

A modern compact office investment property in Dublin 2, with a yield of 10.6%, has come on the market for €450,000.

3 Clanwilliam Square  is currently let to Transfusion Positive on an FRI lease that expires in February 2017 at a current rental level of €50,000 per annum.

Agents Knight Frank says the asking price represents a net initial yield of 10.64% after allowing for typical purchaser costs of 4.46%.

The tenants are not affected by the sale.

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The mid-terrace two storey unit is located on Grand Canal Quay and is located adjacent to the Treasury Building.

Its accommodation comprises a large reception area, office and other facilities on the ground floor, with a conference room and two treatment rooms on the first floor. It also has three parking spaces.

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  • Tags
  • 3 Clanwilliam Square
  • accommodation
  • Dublin 2
  • FRI lease
  • Grand Canal Quay
  • Knight Frank
  • market
  • office
  • office investment property
  • purchaser costs
  • reception area
  • sale
  • tenants
  • Transfusion Positive
  • Treasury Building
  • yield
The MyHome Newsdesk
By The MyHome Newsdesk
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