Apartment for Sale in Ballsbridge, Dublin 4

Available From: Immediately Description Sale Type: For Sale by Private Treaty Overall Floor Area: 221 m² For sale by DB Property Consultants via the iamsold Bidding Platform Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsold.ie. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment. For Sale: Prime Investment Property at 20 South Lotts Road, Dublin 4 Positioned in the heart of Dublin's most sought-after area, 20 South Lotts Road presents a rare opportunity for investors to acquire a multi-unit building nestled between the landmark developments of The Gas Works and The Ropery. This property benefits from a premium location, running parallel to the thriving digital and tech hub of Barrow Street and sitting on the periphery of the bustling Grand Canal and Docklands area. Key Features: Prime Dublin 4 Location: In the heart of a highly desirable area, ideal for attracting professional tenants. Current Rental Status: The building is presently generating a passing rent of €56,400 per annum, with two x One Bed units vacant, offering substantial opportunity for rental growth. Excellent Rental Potential: The building has previously generated an annual rent in excess of €90,000. The Building has been utilised in its current layout of three studios and one three bed apartment since 2009 Recent Planning Permission (WEB1872/20 not exercised): Granted for conversion to 3 full residential apartments: 2 x One-Bed Apartment 1 x Three-Bed Apartment Investment Highlights: Significant Upside Potential: With the recent planning grant and minimal work required, this building offers an excellent opportunity for increased rental income. Strong Demand Area: Surrounded by key developments, offices, and transport links, this location is highly attractive to both professionals and families. This property represents a solid investment opportunity in one of Dublin's most dynamic and growing areas. Whether you are looking to enhance rental income or diversify your portfolio, 20 South Lotts Road is not to be missed. Viewing by Appointment Only. Contact us today for further information and to schedule a private viewing. Auctioneers Comments: This property is offered for sale by online auction (unless sold prior) so please contact us early to avoid disappointment. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.