28 & 29 Merrion Square & 29 Holles Place, Dublin 2

For Sale1,159 sq m / 12,470 sq ft
PriceOn Application
  • 28 & 29 Merrion Square are prestigious four storey over basement, mid terrace period buildings extending to 1,012 sq m (10,890 sq ft net)
  • The Mews at the rear of 29 Merrion Square extends to 147 s m (1,580 sq ft) net
  • One of Dublin’s most sought after locations overlooking Merrion Square
  • 14 car parking spaces (12 in rear car park / 2 in Holles Place)
  • Passing rent of €302,000
  • Guide price of €4,500,000 representing a net initial yield of 6.10% after allowing for standard acquisition costs

Full Description

www.merrionsquareportfolio.com

Joint agents HWBC and Cushman & Wakefield are delighted to bring to the market this rare opportunity to acquire two adjoining buildings on Merrion Square with rear access to parking and self-contained mews at Holles Place. 

No. 28 Merrion Square comprises a 4 story over basement, mid-terrace period property of approx. 6,107 sq ft NIA. The building is predominantly multi occupied as offices with the added bonus of a large 2 Bed apartment on the third floor in excellent decorative condition. There is a large private car park to the rear of No.28 with secure parking for 12 cars.

No.29 Merrion Square comprises a 4 story over basement period property of 4,768 sq ft NIA which underwent a high-quality restoration in 2018 and presents in excellent condition while maintaining many of its original Georgian features. No.29 has a rich history and was the location of the original headquarters of the Irish office of the EEC in 1973. The entire building is now let to Downey Planning at an annual rent of
€157,000 to include 4 car spaces with rear access from Holles Place.

29 Holles Place mews to the rear is accessed off Holles Place and comprises a refurbished self-contained two-story mews of approx.1,582 sq ft NIA with parking for 1-2 cars and a private rear terrace.  Terms have recently been agreed for a new 5 year lease at a rent of €35,000 pa.

 

Subject to Contract/Contract Denied

Property Contacts

Paul Scannell

Director

Email: pscannell@hwbc.ie

08722604730872260473

Kieran Curtin

Associate Director

Email: kcurtin@hwbc.ie

08797524600879752460

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