A superbly located five storey over basement building, just 20m from O’Connell Street
Colliers have sold 33 Bachelors Walk, Dublin 1, a superbly located five-storey over basement building, just 20m from O’Connell Street.
The building comprises a five storey over basement mid terrace period building of 288 sq m (3,104 sq ft), laid out to provide retail use on the ground floor, storage at basement level and a number of office suites across the first, second, third and fourth floors.
The property which was sold with vacant possession lends itself to numerous asset management opportunities, the incoming purchaser has the option to either let the building in it’s current use or alternatively convert the upper floors to self contained apartments, subject to planning permission.
The excellent city centre location enjoys generous river views, high volumes of passing footfall and immediate proximity to all the amenities a busy city centre location has to offer. Nearby occupiers include, The Rolling Donut, Starbucks, Pog, Hickeys Pharmacy. The property is just a short stroll from Henry Street, Jervis Street, Temple Bar and numerous bars, cafes, restaurants and hotels.
Colliers achieved €1.2m, which equates to a capital value of €387 per sq ft.
“This was an excellent opportunity to acquire a high profile mixed use building, with excellent asset management potential, in an unrivalled city centre location” – Colin O’Shea, Colliers.
