Two highly yielding office investments for sale in award winning office scheme

Office property for sale Q House Sandyford dublin 18

Knight Frank are delighted to bring two modern office investments in Q House, Furze Road, Sandyford, Dublin 18 to the market for sale by Private Treaty.

Both adjacent office suites are available for sale in one or two lots. Selling agents Knight Frank are guiding a price of €395,000 exclusive for Suite 211 and €240,000 exclusive for Suite 212.

Suite 211 is a fully fitted own door office extending to 235.4 sq.m (2,534 sq.ft.) together with 5 secure car parking spaces. The suite will be let on a 5 year lease to include a break option end of year 2.  The rent agreed is €43,010 plus VAT per annum/net initial yield of 10.42%.  Further detail on request.

Similarly Suite 212 is a fully fitted own door office extending to 139.5 sq.m (1,501 sq.ft.) together with 3 car parking spaces. The suite is currently let on a 5 year lease to include a break option end of year 3.  The investment is currently producing a rent roll of €27,782 plus VAT per annum/net initial yield of 11%. Further details on request.

Q House, Sandyford is located on Furze Road adjacent to Beacon Court and within 8 minutes walking distance to the Luas. Designed by architects, Duffy Mitchell O’Donoghue, the building is a development of high quality own door office units.  The total development is approximately 9,200sq.m. (100,000 sq.ft) and is contained in a six storey building designed around a central landscaped courtyard.  The building incorporates sharp architectural design and includes large elements of glass and natural stone which combine to create a striking modern building.

Internally the offices are designed to floor plate with maximum flexibility and highly efficient gross to net floor areas.  Both office suites are finished to the highest standard to include a third generation specification and full tenant fit-outs.  Each office suite has its own glass façade overlooking a central landscaped courtyard.  Both suites enjoy more than two aspects. The development also allows for a generous entrance, manned reception and large common lift lobbies on all floors.

This represents an exciting investment opportunity in South Dublin’s most successful own door office development. The development has already attracted a large number of international companies such as Genke Leasing, Tommy Hilfiger, Case-Mate, Lindt, Skillnets and Mondial Assistance. Occupancy levels are at 98%. For a list of occupiers and amenities please log on to www.qhouse.ie.

Staff will enjoy the benefit of numerous building facilities, such as excellent car parking ratio when compared with other office developments in the immediate area.  Take a coffee break or office meeting in Insomnia, located at ground level or simply relaxing with friends or entertaining guests at the summer barbeques in the high quality landscaped central courtyard.  The development offers lasting impressions because of its generous lift lobbies, high quality finishes to the main building reception and large elements of glass, stone and feature lighting.

The surrounding area provides a wide range of retail and leisure facilities which includes Ben Dunne Gym, Leopardstown Racecourse, Giraffe Childcare, Dundrum Shopping Centre & Stilorgan Shopping Centre. Hotels in the area include The Beacon Hotel & Bewleys Hotel. There are numerous convenience stores, delis, coffee shops  & bars located nearby and include the following; The Copper Bar, Dunne’s Stores, Munchies, O’Briens, Pizza Hut & Starbucks.

Public transport is well catered for with numerous bus routes operating from the city centre to Sandyford. The properties are located close to junction 13 of the M50. The N11 is located a 5 minute’s drive from Q House  and is the main artery to the city centre.  Access to Dublin airport is facilitated by a nearby coach service, which operates daily runs directly to the airport from nearby Central Park. Sandyford Luas stop is located a short 8 minute walk away.

For further information or to arrange a viewing please contact Tom Fahy or Paul Hanly at +353 1 6342466 or email: tom.fahy@ie.knightfrank.com or paul.hanly@ie.knightfrank.com

 

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