HAROLD S COURT. For Sale by Private Treaty Residential Investment Opportunity

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Edwina Ward
5 years ago
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1 H HAROLD S COURT For Sale by Private Treaty Residential Investment Opportunity

3 ST. PATRICK S CATHEDRAL ST. STEPHEN S GREEN HARCOURT STREET H HAROLD S COURT STH CIRCULAR ROAD CHARLEMONT LUAS STOP Investment Opportunity Excellent location overlooking the GRAND CANAL close to Harold s Cross Bridge Excellently refurbished to TURN KEY presentation OWN DOOR UNITS offering low maintenance and management A striking stand-alone development of 23 APARTMENTS over basement car parking set amidst landscaped grounds MODERN LAYOUTS including home office areas and balconies Originally developed in 2006 AVAILABLE RETAINED VACANCY offering an excellent opportunity to capitalise on the strong Dublin city residential leasing market

4 Location IDEALLY LOCATED WITHIN WALKING DISTANCE FROM ST. STEPHEN S GREEN Harold s Court is ideally located overlooking the. Centrally positioned within walking distance of the City Centre offering a wealth of amenities on its door step. This vibrant residential area boasts a number of key transport links. The Luas is located within walking distance, providing convenient access to Dublin City. St. Stephen s Green is positioned within a 2.3km walk providing a broad array of internationally branded shops, restaurants and cafes at both St. Stephen s Green Shopping Centre and Grafton Street. Harold s Court is ideally placed to provide rental accommodation to a wide range of potential demographics due to its proximity to key employment areas such as Charlemont Exchange and Harcourt Street. Equally it offers a potential short term letting option as some of Dublin s best regarded tourist attractions are within walking distance. Westbury Ma R138 Christian Brothers' School James' Street Summer Street Flats The Liberties Ash Grove St Patrick's Park ST. PATRICK S CATHEDRAL Parkview Stephen's Green Shopping Centre GRAFTON ST Dublin Institute of Technology, Aungier Street Campus ST. STEPHEN'S GREEN Poddle ST. STEPHEN S GREEN New Mill The Cabbage Garden auxhall Avenue Tenterfields Poddle Presentation Primary School, Warrenmount HARCOURT STREET Iveagh Gardens National Concert Hall H Synge Street Christian Brothers School HARCOURT HATCH STREET R840 John Player HAROLD S & Sons COURT Kelly's Corner R117 Leonard's Corner anal Griffith College Dublin Portobello Canal Way Cycle Route LUAS CHARLEMONT LUAS STOP Gr CHARLEMON R117 Harold Bridge Court Boyne Court R117 Our Saint Mary's College RATHMINES RD Mount Pleasant Lawn Tennis

5 T Asset Overview The property comprises a striking stand alone purpose built modern 4 storey apartment building. The 23 apartments comprise of one and two bedroom dual aspect units. Landscaped communal gardens at ground floor level to the front and rear and a basement car park with 25 secure car spaces. Built in 2006, Harold s Court has now been fully refurbished to an excellent standard to include modern integrated kitchens, stylish bathroom suites, new flooring and a bespoke colour scheme throughout. TYPICAL FLOOR PLAN Lift Bedroom Unit 4 Unit 5 Unit 6 Unit 7 Unit 8 PENTHOUSE FLOOR PLAN Lift F I R S T F L O O R P L A N 0 m 1 m 2 m 5 m 10 m Unit 19 Unit 20 Unit 21 Unit 22 BASEMENT Lift F O U R T H F L O O R P L A N 0 m 1 m 2 m 5 m 10 m Store Plant a Car Lift

6 Harold s Court Schedule of Accommodation At a Glance ONE BEDROOM 4 19 APARTMENTS Average Unit Size: 44 (sq. m.) Average Unit Size: 68 (sq. m.) TWO BEDROOM APARTMENTS Unit Area (sq. m.) Level Description 1 48 Ground One bed apartment with private lawned terrace 1A 75 Two bed apartment with en suite and private lawned terrace 2 71 Two bed apartment with en suite and private lawned terrace 3 61 Two bed apartment with private lawned terrace 4 67 First Two bed apartment with en suite and a balcony 5 68 Two bed apartment with en suite and a balcony 6 43 One bed apartment with a balcony 7 67 Two bed apartment with en suite and a balcony 8 68 Two bed apartment with en suite and a balcony 9 66 Second Two bed apartment with en suite and a balcony Two bed apartment with en suite and a balcony One bed apartment with a balcony Two bed apartment with en suite and a balcony Two bed apartment with en suite and a balcony Third Two bed apartment with en suite and a balcony Two bed apartment with en suite and a balcony One bed apartment with a balcony Two bed apartment with en suite and a balcony Two bed apartment with en suite and a balcony Top Two bed apartment with en suite and a balcony Two bed apartment with en suite and a balcony Two bed apartment with en suite and a balcony Two bed apartment with en suite and a balcony Specification Refurbished to a high standard to include contemporary kitchens and bathrooms Decorated in an urban colour scheme Modern sanitary ware and tiling Integrated appliances Intercom system Home office areas Impressive basement car park

7 Dublin s Residential Leasing Market MINIMAL VACANCY 1.41% Near-record low PRS vacancy rate in Dublin 5.3% Significantly below the natural vacancy rate 1 4 Almost of all households in Dublin are private renters RECORD LOW SUPPLY Fewer than 1,350 residential properties available to rent in Dublin in February 2018 (daft.ie) Supply figure is 60% below long-term average recorded in a series dating back to Jan 2007 Lack of institutional landlords in Ireland 85% of landlords own two or less properties STRONG LABOUR MARKET Close to 67,000 Net new jobs being created per annum Unemployment rate is at 6.1% Leading to a competitive labour market Average Annual Disposal income increasing by over 5% per annum CONTINUED POPULATION GROWTH Since 2013 a net additional 96,500 persons have been added to Dublin s population 44% of Ireland s urban dwellers live in Dublin EXCELLENT GROWTH PROSPECTS Strong rental growth inflation averaging 7.5% per annum in Dublin over the last 3 years Rents on new lettings forecast to increase by a further 15.7% over next 8 quarters HPI forecast to increase by 16.6% over the next two years Source: Savills Research, CSO, daft.ie

Further Information Title Freehold BER Rating B3 Guide Price: In excess of 7,250,000 (Subject to Contract)

SELLING AGENT SAVILLS IRELAND 33 Molesworth Street, Dublin 2 MARGUERITE BOYLE marguerite.boyle@savills.

ie +353 (01) 618 1401 For further details please visit www.savills.

do not form any part of any offer or contract and are for guidance only.

access and any other details, such as prices, rents or any other outgoings are for guidance only and are subject

Whilst care has been taken in the preparation of this brochure intending purchasers, Lessees or any third party

themselves as to the accuracy of details given to them.

(express or implied) in relation to the property and neither Savills Ireland nor any of its employees nor the

arising from the particulars or information contained in this brochure.

8 Further Information Title Freehold BER Rating B3 Guide Price: In excess of 7,250,000 (Subject to Contract) Viewings All viewings are strictly by appointment through the sole selling agent. SELLING AGENT SAVILLS IRELAND 33 Molesworth Street, Dublin 2 MARGUERITE BOYLE marguerite.boyle@savills.ie +353 (01) DESSIE KILKENNY dessie.kilkenny@savills.ie +353 (01) For further details please visit Savills Ireland and the Vendor/Lessor give note that the particulars and information contained in this brochure do not form any part of any offer or contract and are for guidance only. The particulars, descriptions, dimensions, references to condition, permissions or licences for use or occupation, access and any other details, such as prices, rents or any other outgoings are for guidance only and are subject to change. Maps and plans are not to scale and measurements are approximate. Whilst care has been taken in the preparation of this brochure intending purchasers, Lessees or any third party should not rely on particulars and information contained in this brochure as statements of fact but must satisfy themselves as to the accuracy of details given to them. Neither Savills Ireland nor any of its employees have any authority to make or give any representation or warranty (express or implied) in relation to the property and neither Savills Ireland nor any of its employees nor the vendor or lessor shall be liable for any loss suffered by an intending purchaser/lessees or any third party arising from the particulars or information contained in this brochure. Prices quoted are exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchasers/lessees shall be liable for any VAT arising on the transaction. This brochure is issued by Savills Ireland on the understanding that any negotiations relating to the property are conducted through it. All maps produced by permission of the Ordnance Survey Ireland Licence No AU Government of Ireland. Design:

FOR SALE BY PRIVATE TREATY (TENANTS NOT AFFECTED) Dawson Street Dublin 2

FOR SALE BY PRIVATE TREATY (TENANTS NOT AFFECTED) 22-23 Dawson Street Dublin 2 WHY DAWSON GREEN? CITY CENTRE LOCATION High-profile mixed-use block on Dawson Street, beside its intersection with St. Stephen