Newmount House, Mount Street Lower, Dublin 2 | Property for sale | Savills
Guide price €7,000,000(£5,881,176)

Newmount HouseMount Street Lower, Dublin 2

  • New
  • Sole agency
  • Freehold
Investment

Key features

  • Five storey office building extending to 18,178 sq ft (NIA)
  • Multi-tenanted investment
  • Rental income of €637,919 p.a. equating to €32.91 psf
  • WAULT of circa 1.12 years
  • 17 secure surface level car spaces
  • Located in Dublin's CBD
  • Excellent connectivity - 7 minute walk from Grand Canal Dart Station
  • Strong redevelopment potential

Dublin 2 Short Income Office Investment Opportunity

About this property

  • Newmount House offers a unique opportunity to acquire an office investment with strong redevelopment potential in Dublin's CBD.

    It is a five-storey office building comprising a lower ground floor and five upper floors. The subject property retains its red brick mock Georgian façade giving it a prominent position on Mount Street in Dublin 2’s Georgian Core.

    Newmount House is currently multi-tenanted in a strong occupier location. It provides for 17 surface level car parking spaces on a wider site that offers strong redevelopment potential.

Local information

  • Grand Canal DART Station is a 7-minute walk to the east, offering rail connectivity between North and South Dublin.
  • Dawson Street Luas Stop is less than a 15-minute walk, offering light rail connectivity between North, South and West Dublin.
  • There is a Dublin Bus stop located outside the property with multiple bus routes across the city.

Additional information

  • For Sale by Private Treaty.
  • Tenants Unaffected.

Energy performance

BER Rating: B3