No. 36 Elgin Road is a fine three-storey over garden level red-brick period property of considerable character in a great location in Ballsbridge adjacent to the US Embassy and Herbert Park.
The property is approximately 2 km south east of Grafton Street in a prime central location, at the heart of Ballsbridge; one of Dublins most sought after addresses. Just a short walk from St. Stephens Green and the city centre, Ballsbridge is the centre of the Embassy belt with over 30 International agencies represented.
It is also home to the Royal Dublin Society (RDS), and one of Europes top rugby teams, Leinster, while the Aviva Stadium hosts Irelands international rugby and soccer matches. The surrounding area is alive with restaurants, shops, leisure facilities, parks and is well serviced by rapid rail (DART) and bus public transport options.
The property, which extends to approximately 531 m2, is currently divided into eight apartments (Pre 63), 2 two bedroom units & 6 one bedroom units, with good off-street car parking.
There are two self-contained own-door apartments at garden level, which are accessed from the side of the property, while the remaining six apartments are located on the upper floors and are accessed from the main grand hallway.
The apartments retain many original period features, while providing stylish modern kitchens and bathrooms. The accommodation is bright and airy with high ceilings throughout.
Three of the apartments are vacant for viewing purposes, while the remaining five are let on standard residential lease terms. Tenants not affected.
The combined current rent from the occupied units and estimated rental income of the vacant units is in the region of €170,000 per annum.
No. 36 Elgin Road provides an excellent opportunity to acquire a high quality investment or potential conversion to a single residence in an outstanding location.