XAVIER COURT APARTMENTS

XAVIER COURT APARTMENTS21-25 SHERRARD STREET UPPER, DUBLIN 1

MULTI-FAMILY INVESTMENT OPPORTUNITY FOR SALE BY PRIVATE TREATY

IFSC

CROKE PARK

TRINITYCOLLEGE

ST. STEPHEN’S GREEN

MERRIONSQUARE

NORTH CIRCULAR ROAD

NORTH CIRCULAR ROAD

CABRA ROAD

PRUSSIA

STREET

MAN

OR STREET

ARBOUR HILL

MARY’S LANE

WELLINGTON QUAY

NORTH WALL QUAY

SIR JOHN ROGERSON’S QUAY

SHERRIFF STREET

SEVILLE PLACE

GRA

ND

CA

NA

L Q

UA

Y

MARY STREET

O’C

ON

NELL STREET

MA

RLBO

ROU

GH

STREET

UPPER G

ARD

INER STREET

DO

RSET

STR

EET

BOLT

ON

STR

EET

TEMPLE STREET

NO

RTH FREDERICK STREET

ECCLES STREET

HENRY STREET

TALBOT STREET

SEAN MAC DERMOTT STREET

NORTH

STR

AND RO

AD

BALLYBOUGH R

OAD

SUMMERHILL

CLONLIFFE ROAD

ABBEY STREET

BACHELORS WALK

ORMOND QUAY

ARRAN QUAY

BRUNSWICK STREET

QU

EEN

STR

EET

THOMAS STREET

MARKET STREET

MEATH

STREET

PATRIC

K STREET

DAME STREET

NASSAU STREET

MOUNT STREET LOWER

PEARSE STREET

PEARSE STREET

HANOVER STREET

TEMPLE BAR

GRA

FTO

N S

TREE

T

DA

WSO

N S

TREE

T

KILD

ARE

STR

EET

MER

RIO

N S

TREE

T U

PPER

CONNAUGHT STREET

NORTH CIRCULAR ROAD

PHIB

SBO

ROU

GH

RO

AD

NORTH KING STREET

GRANGEGORMAN UPPER

CO

NST

ITU

TIO

N H

IL

MERCHANTS QUAY

HIGH STREET

GEO

RGES

STR

EET

BURGH QUAY

POPLAR ROW

PARNELL STREET

SHERRARD

ST. UPPER

BELVEDERE

COURT

R I V E R L I F F E Y

R O YA L C A N A L

DART

DART

LUAS

LUAS

LUAS

INVESTMENT SUMMARY

XAVIER COURT APARTMENTS

CROKE PARK

GARDINER STREET UPPER

EAST POINT BUSINESS PARK

RIVER LIFFEY

GRAND CANAL DOCK

IFSC

ROYAL CANAL

DORSET ST. UPPER

MOUNTJOY SQUARE PARK

DIT MOUNTJOY SQUARE

NORTH CIRCULAR ROAD

CONNOLLY STATION

› 41 apartments laid out over 3 blocks with central landscaped courtyard

› 18 one bed apartments, 21 two bed apartments, 2 three bed apartments

› Finishedtoaveryhighspecification

› Prime city centre rental location

› Secure underground car park with 41 spaces

› Full ownership of entire residential development

› Gross rental income of approximately €627,000 per annum

› Apartments are let under standard short term residential tenancy agreements

› Opportunity to increase rents and enhance return by active asset management

› Excellent transport links and local amenities

› Virtually 100% occupied

› Tenants not affected

XAVIER COURT APARTMENTS

LOCATIONXavier Court Apartments enjoy an ideal location on Sherrard Street Upper close to its junction with the North Circular Road in Dublin 1. The site was previously the location of the Saint Francis Xavier (SFX) Theatre. The scheme is located close to Croke Park Stadium, Mountjoy Square and a variety of local amenities including a nearby Spar convenience store and numerous other shops, bars, restaurants, recreational & sporting facilities.

The IFSC, various colleges and hospitals and the prime city centre shopping areas are all easily accessible while the M50 Motorway is within ten minutes’ drive providing ease of access throughout Dublin and the surrounding areas.

The Drumcondra DART Station is only a 5 minute walk from the property while the Red & Green Luas Lines are both in walking distance. The location is well serviced by numerous Dublin Bus routes operating on a frequent basis. Conveniently there is a Dublin Bike Station on Sherrard Street Upper.

XAVIER COURT APARTMENTS SHERRARD STREET UPPER, DUBLIN 1

1 2

Xavier Court Apartments comprise

a stunning residential development

providing three separate apartment

blocks set around an attractive central

landscaped courtyard.

The mix of apartments include 18 one

bedroom apartments, 21 two bedroom

apartments and 2 three bedroom

apartments with Block A extending to

five floors while Blocks B and C extend

to four and two floors respectively.

The development is of modern

construction with solid block work

walls with concrete ties and structural

steel members. The floors are precast

wide span panels with structural

screed on top. The basement is built

in in-situ concrete. The façade is

made up of a diversity of finishes with

Irish limestone at ground floor and all

other areas in Stafford brick, cedar &

zinc cladding, monocouche render

and glass panels. The pitched roofs

consist of timber frame structure with

zinc cladding. Flat roofs have a Trocal

membrane.

Block A is 5 storeys high and

comprises 27 residential units

including 17 one bedroom apartments,

9 two bedroom apartments and 1

three bedroom apartment.

Block B is 4 storeys high and comprises

10 residential units including 1 one

bedroom apartment, 8 two bedroom

apartments and 1 three bedroom

apartment. Block C stands alone at

2 storeys high and comprises 4 two

bedroom apartments.

Block A & B are serviced by 8

person Kone passenger lifts from

basement to top floors. The complex

is gas heated by way of a modern

Building Management System. The

underground car park is single level

and over the entire footprint of the

site. Internally the complex benefits

from marble tiled hallway floors

throughout. The spacious apartments

are finished to a very high standard

with granite kitchen worktops,

integrated kitchens appliances, carpet

flooring and intruder alarm systems.

DESCRIPTION


3 4

TYPICAL FLOOR LAYOUT

RESIDENTIAL ACCOMMODATION SCHEDULE RENT SCHEDULE

One Bed Apartment

Two Bed Apartment

FEATURES & SPECIFICATION

TENANCY

TYPE NO. OF UNITS AVERAGE SIZE

1 Bedroom 18 49.5 sq m (533 sq ft)



Total 41

1 BED 2 BED 3 BED

Rent rangeper month

€1,000 to €1,180

€1,200 to €1,400

€1,800

Market rent per month

€1,200 €1,550 €2,000

› Marble tiled hallway › Granite kitchen worktops› Integrated kitchens appliances› Carpet › Intruder alarm systems.› Elevator serving all › Underground car parking› Stunning courtyard garden

Xavier Court Apartments is virtually 100% occupied and let under short term residential tenancy agreements, typically

Gross rental income currently stands at €626,640 per annum (Virtually 100% occupancy). Rents achieved in competing schemes would suggest the high quality Xavier Court apartments are under rented, providing the purchaser with an asset management opportunity to enhance return. For the avoidance of doubt please note that this is an investment sale and the tenants are unaffected.


5 6

CONTACT

TENURE

PRICING

VIEWING

For more information visit:

WWW.XAVIERCOURTAPARTMENTS.COM

BER

Title to the property is registered freehold

On application.

By appointment with sole agents Knight Frank

Individual BER information available on request

20-21 Upper Pembroke StreetDublin 2Tel: +353 1 634 2466KnightFrank.ie

Wilton Park HouseWilton PlaceDublin 2

Adrian Trueick [email protected]

Billy Parker+353 1 611 [email protected]

Damien McCaffrey [email protected]

Lisa Rocca [email protected]

SELLING AGENTS:

SOLICITOR:

Conditions to be noted:These particulars are issued by HT Meagher O’Reilly trading as KnightFrank on the understanding that all the negotiations are conductedthrough them. Whilst every care has been taken in the preparationof these particulars, they do not constitute an offer or contract.All descriptions, dimensions, references to condition, permissionsor licenses of use or occupation, access and other details are forguidance only, they are given in good faith and believed to be correct,and any intending purchaser/tenant should not rely on them asstatements or representation of fact but should satisfy themselves(at their own expense) as to the correctness of the information given.Prices are quoted exclusive of VAT (unless otherwise stated) and allnegotiations are conducted on the basis that the purchaser/lesseeshall be liable for any VAT arising on the transaction. Neither HTMeagher O’Reilly trading as Knight Frank or any of their employeeshave any authority to make or give any representation or warranty inrespect of this property. All maps reproduced by permission of theOrdnance Survey Ireland - Licence Number AU0044104 PSRA LicenceReg. No. 001266

Documents

XAVIER COURT APARTMENTS