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Royal Hibernian Way, Dawson Street, Dublin 2, Ireland For Sale Investment

Royal Hibernian Way, Dawson Street, Dublin 2, Ireland
€80,000,000
€9276 / sq m
  • 8,624 sq m

Description

Price in excess of €80,000,000

Royal Hibernian Way on Dawson Street is a mixed-use development comprising of approximately 92,888 square feet. It comprises of approximately 72,000 square feet office space benefiting from excellent profile and frontage onto Dawson Street. The majority of the office space of approximately 66,000 square feet is the headquarter building for Davy Stockbrokers. The remaining office space, located at 12 Duke Lane, is currently intentionally vacant as planning permission has already been achieved to double the size of the building. 

 

The retail quarter extends to almost 21,000 square feet of retail and hospitality space, all of which has been recently upgraded. RHW is at the heart of the city with Grafton Street, Government Buildings, Trinity College & St. Stephens Green all within 200 meter.

Attributes:

  • Tenure type: Freehold
  • Building area: 8,624 sq. m.

Investment Highlights

  • Prime city centre real estate block of approx. 0.34 hectares (0.85 acres) linking the best office & retail locations in Dublin city
  • RHW is a core CBD office investment with the benefit of high-end retail and hospitality units at ground floor
  • Highly Reversionary with Davy rent significantly under market
  • Unrivalled public transport links
  • Existing accommodation extends to 8,573.9 square meter (92,289 square feet) NIA (78% office and 22% retail). The buildings range in height from four to six stories with 65 car spaces at basement level
  • Passing rent €2.78 million per annum
  • WAULT 15.33 years to expiry or 6.35 years to earliest break providing medium-term income certainty alongside immediate asset management opportunities and longer-term development angles in Dublin’s best location
  • 92% of the total office space is leased to Davy, a leading player in Dublin’s financial services sector
  • The ground floor space includes occupiers such as Marco Pierre White Steakhouse & Grill, Lemon & Duke Bar & Restaurant, Isabelle’s Restaurant & Bar and the recently opened Argentinian Steakhouse Gaucho, BAH33°

 258 total views,  1 views today

Details

  • Building Age: Modern
  • BER Rating: BER B2 G

Features

  • Available Now
  • Car Parking
  • Transport Links

Location

Street View
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(01) 673 1600





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  • 8,624 sq m

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