CBRE announced today that they are launching a prestigious Georgian Investment property located on Fitzwilliam Street to the market for sale by Private Treaty. The selling agent is understood to be quoting €1,700,000 for the building offered for sale.
The subject property comprises of a four-storey over basement building extending to approximately 424.50 sq. m (4,569 sq ft) in total. The building is laid out to provide office accommodation throughout, with the benefit of a court yard to the rear.
It currently multi let to a number of tenants, who are paying an annual rent roll of €91,624 per annum.
No. 39 Fitzwilliam Street Upper occupies a prominent mid terrace site on the promenade of Fitzwilliam Street, a prestigious and sought after Georgian office location. Adjoining occupiers include ESB and LinkedIn. It also benefits from being close to numerous amenities such as bars, restaurants & coffee shops.
Senior Surveyor at CBRE Capital Markets, Stephen Aherne said, "The Georgian market has continued to perform strongly with office rents continuing to increase due to a shortage in supply. No.39 Fitzwilliam Street is in an excellent opportunity to acquire a property in one of Dublin’s most desirable Georgian locations."
Source: www.businessworld.ie