Protected Georgian Building, The Liberties, Dublin 8

A four-storey protected structure dating to the mid-18th century, situated in Dublin 8's historic Liberties, close to a major visitor attraction and within easy walking distance of the city centre.

Acquired vacant, the building has been comprehensively refurbished to create a self-contained ground-floor commercial unit with a six-bedroom residential floor above, representing a total investment of €885,000 (€485,000 purchase price, €400,000 refurbishment).

The commercial unit is let to a national quick-service food operator, with an advertising hoarding on the rear wall licensed to an outdoor media company, adding a further income stream from an otherwise unused elevation. The residential floors are let to a professional co-living operator, ensuring stable, professionally managed occupancy.

Combined, the property delivers a confirmed passing rent of €129,500 per annum, a gross yield of 10.79% against an independent RICS valuation of €1,200,000, and equity created of €315,000.

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TS