Mixed-use investment in top Dublin 2 location for €2.75m

Residential and office building on Earlsfort Terrace could be converted to apartments

QRE is guiding €2.75 million for a mixed-use investment with vacant possession in a top Dublin 2 location.

The residential and office building, which requires refurbishment and is being sold on the instructions of receiver Duff and Phelps, is located at 22-22A Earlsfort Terrace.

This “Belgravia-style” property is four-storey over basement, extends to 800sq m ( 8,611sq ft) and has period features and fireplaces throughout. It is set out as five large apartments (three three-beds and two one-beds) together with four high-quality office suites.

The location, at the junction of Earlsfort terrace and Adelaide Road, is one of the most sought-after commercial and residential locations in the city centre. Nearby landmarks include the National Concert Hall, Iveagh Gardens, St Stephen's Green and Fitzwilliam Square.

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Zoned Z8 under the Dublin City Development Plan 2011-2017, the agent suggests the building offers the purchaser an opportunity for full conversion to residential apartments (subject to the necessary planning permissions).