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STYLISH, CONTEMPORARY

LIVING IN DUBLIN 8

07X

1 BEDS

20X

2 BEDS

20X

SURFACE CAR PARKING

2 BED DUPLEX UNITS

2X

INVESTMENT SUMMARY

APARTMENT UNITS

IN 3 BLOCKS

29X

• Excellent opportunity to acquire 29 apartment units in

Islandbridge immediately adjacent to the river Liffey

• The units are available by way of a forward purchase

arrangement with expected delivery in August 2019

• Estimated Annual Gross Rent of €720,000 once stabilised

• Full ownership and control within the "red line" available

• Accommodation provided in two carefully renovated historic Mill

buildings together with a modern 5 storey new build

• Located close to a host of local amenities, both retail and leisure

• Considering Dublin’s growing population and the existing lack

of residential supply, demand for well-located and quality rental

product is currently very high

• Dublin South City Average Rent of €2,029 per month (daft.ie)

• Dublin rents have increased by approx. 8.8% year on year to the

end of Q4 2018 (daft.ie)

€1,700 - 1,825P E R M O N T H

1 BEDS

€1,950 - 2,200P E R M O N T H

2 BEDS

TARGET MARKET RENTS

ESTIMATED ANNUAL

GROSS RENT OF

€720,000

STATE

APPROACHING FULL

EMPLOYMENT

CURRENTLY APPROX.

5.4%

C4.4%IN AVERAGE EARNINGS IN THE PRIVATE SECTOR TO END Q4 2018

INCREASE OF

Drimnagh

Blackhorse

Goldenbridge

Fatima

Jame’s

Smith�eld JervisAbbey St.

Trinity

Dawson St.

Harcourt

George’s Dock.

DRUMCONDRA

BROADSTONE

INCHICORE

KILMAINHAM

ISLANDBRIDGE

DUBLINIFSC

ASHTOWN

DRIMNAGH

STONEYBATTER

SMITHFIELD

Grand Canal

Connolly

HeustonStation

Tara Street

Pearse Street

Grand CanalDock

Phoenix Park

Dublin Zoo

LUAS Red Line

N-7

M5

0M

50

M50

N-7

M50

Landsdowne Valley Pitch & Putt

Guinness Storehouse

St.Patricks Cathedral

Trinity College

Dublin CastleChristchurch Cathedral

National Gallery of Ireland

Museam of Modern Art

KilmainhamGaol

HiltonHotel

Teeling Whiskey Distillery

The National WarMemorial Gardens

Li�ey Valley

Merrion SquareStephen’s Green

Iveagh Gardens

Croke Park

Castleknock Golf Club

Hermitage Golf Club

St. Catherines Park

Grafton Street

Jervis

St. Jame’sHospital

CONNECTIVITY

Luas Red Line

Heuston Station

New Children's

Hospital

St James's Hospital

All distances are approximate.

Dublin City Centre

M50

1.3 km

1.3 km

1.3 km

3 km

5 km

1.2 km

The Property is served by a number of rail and road transport

links such as the LUAS red line (now linked to the green line)

which can be accessed at the nearby Heuston Train Station as

well as all national train services operating out of Heuston Sta-

tion itself. Numerous bus routes also operate in the immediate

area (25 a/b/n, 66 a/n, 67/n, 68, 69, 79/a,90 and 145) as well as

the Airlink 747 bus service to Dublin Airport.

The M50 motorway is accessible via the Chapelizod Bypass /

N4 Junction (approx. 5km) which provides vehicular access to

both the greater Dublin area and the national road network.

BROADSTONE

Drimnagh

Blackhorse

Goldenbridge

Fatima

Jame’s

Smith�eld JervisAbbey St.

Trinity

Dawson St.

Harcourt

George’s Dock.

DRUMCONDRA

BROADSTONE

INCHICORE

KILMAINHAM

ISLANDBRIDGE

DUBLINIFSC

ASHTOWN

DRIMNAGH

STONEYBATTER

SMITHFIELD

Grand Canal

Connolly

HeustonStation

Tara Street

Pearse Street

Grand CanalDock

Phoenix Park

Dublin Zoo

LUAS Red Line

N-7

M5

0M

50

M50

N-7

M50

Landsdowne Valley Pitch & Putt

Guinness Storehouse

St.Patricks Cathedral

Trinity College

Dublin CastleChristchurch Cathedral

National Gallery of Ireland

Museam of Modern Art

KilmainhamGaol

HiltonHotel

Teeling Whiskey Distillery

The National WarMemorial Gardens

Li�ey Valley

Merrion SquareStephen’s Green

Iveagh Gardens

Croke Park

Castleknock Golf Club

Hermitage Golf Club

St. Catherines Park

Grafton Street

Jervis

St. Jame’sHospital

BROADSTONE

1

3

2

4

7

9

12

10

8

13

11

14

6

5

A WELL ESTABLISHED AREA

AERIAL KEY

Islandbridge and the surrounding area is so named because of

the island formed here by the creation of the historic Mill race

which runs along the right bank of the River Liffey, while the

main current flows to the left.

The area enjoys a wealth of amenities with easy access to Dublin City

Centre and the surrounding areas by both public transport at Heuston

Station, a selection of bus routes and access to a range of road

networks including the M50 and other motorways across the country.

There are a selection of services and amenities in the immediate area,

including shops, restaurants and cafes all within a short walk.

Other attractions located nearby including Kilmainham Gaol, War

Memorial Gardens, The Irish Museum of Modern Art, the Hilton Hotel

and Leisure Centre, Grangegorman and the Phoenix Park.

1. Phoenix Park

2. River Liffey

3. Croke Park

4. Heuston Station

5. Clancy Quay

6. Irish National War Memorial Park & Gardens

7. Irish Museum of Modern Art

8. Kilmainham

9. Aviva Stadium

10. St Stephen’s Green

11. LUAS red line

12. St. James’s Hospital

13. New Children’s Hospital

14. Access to M50 via Chapelizod Bypass

THE PROPERTY

On completion, the property will comprise a mixture of one bedroom, two bedroom and

two bedroom duplex units situated within two fully renovated flour mill buildings together

with a new purpose built block.

The old flour mill building immediately adjacent to the Phoenix Park accommodates 6

very generously apportioned one bedroom units with light filled interiors and original

stone walls providing an immense sense of character. Also boasting original stone walls

and generous floor areas, the second flour mill building will accommodate one no. one

bedroom apartment together with two no. two bedroom duplex units. The new building

will provide twenty no. two bedroom units.

Internally, the units are set to be finished to a high quality interior design finish

incorporating professionally designed integrated kitchens and tiled flooring throughout.

Surface car parking for twenty cars as well as exterior bicycle cages are also provided.

A GREEN OASIS IN THE HEART OF DUBLIN

Floor plans are for illustrative purposes only.

BLOCK A

Bedroom

Bedroom Bedroom

Bedroom

Bedroom

Bedroom

Bedroom

Bedroom

Kitchen Kitchen Kitchen Kitchen

Bathroom Bathroom Bathroom Bathroom

Dining Dining Dining Dining

Living Room

Living Room

Living Room

Living Room

Terrace Terrace TerraceTerrace Terrace Terrace

TerraceTerraceTerraceTerrace

Lift

En Suite En Suite En Suite En Suite

Entrance Lobby

Floor plans are for illustrative purposes only.

BLOCK B

Bedroom Bedroom Kitchen Kitchen

WC WC

Dining Dining

Living Room

Living Room

Entrance Lobby

Terms: For sale by Private Treaty

Website / Data-site: www.themillworks.ie

BER:

Practical completion Plans: It is expected PC of the development will occur in Q3 2019

Pricing: Available on application

Viewings: By appointment with the selling agent

Selling Agents: Ross Harris 01 2376439 Ross.Harris@sherryfitz.ie

Patrick Hogan 01 6399329 patrick.hogan@cushwake.com

Jane Dolan 01 6399225 jane.dolan@cushwake.com

PSRA Licence No 002183

Solicitors: Sheehan & Co 1 Clare Street Dublin 2 01 6616922

Conditions to be noted: A full copy of our general brochure conditions can be viewed on our website at http://www.sherryfitz.ie/terms or can be requested from your

local Cushman & Wakefield office. We strongly recommend that you familiarise yourself with these general conditions. PSRA Registration Number: 002222.

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