Office

Royal Hibernian Way, Dawson Street , Dublin 2

Dawson St Dublin, Co. DUBLIN Ireland D02 YK71
Asking Price
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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I accept the confidentiality agreement

You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Tenure Type Freehold
Building Area

Property Description

- 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 - RHW is at the heart of the city with Grafton Street, Government Buildings, Trinity College & St. Stephens Green are all within 200 metres - Unrivalled public transport links - Existing accommodation extends to 8,573.9 sq. m (92,289 sq. ft) 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°

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°
Last Updated Date: 20 Oct 2020
Brian Shields
Brian Shields
Associate - Investments
John Moran
John Moran
CEO - Ireland

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Last Updated Date: 20 Oct 2020

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