The Eden Centre

The Eden Centre is a landmark two storey investment building in Rathfarnham and comprises of ground floor retail and first floor offices. The first floor offices include cat 5E internet cabling, tile carpets and storage heating. The floor plates are separated into nine separate offices. Access is provided by a stairwell located to the front of the building. This is a fantastic investment opportunity that has already created some following.

The ground floor comprises five separate retail units to include restaurant, crèche, fitness studio, Montessori and hairdressers. The building is well designed internally, in its purposeful layout and externally with its red brick stone fronted façade.

Measurements

Overall size: c.1,030sq.m / c.11,086 sq. ft.
Ground floor / Retail 566.20 sq.m / 6096 sq. ft
First floor / Office 463.74 sq.m / 4990 sq. ft
Total 960.00 sq.m / 11,086 sq. ft

Floor plans are also available upon request

Tenancy Schdule

Ground floor / Retail 5 units €124,865
First floor / Office 9 units €46,584
Rear Outside space €3,000
Total €174,449

Further details on tenancy schedule is available upon request.

LOCATION

The property is situated adjacent Marley Park just off Grange Road in Rathfarnham, Dublin 14. Rathfarnham is a bustling residential suburb, 6.7km from the city centre. The Eden Centre is 3.5km from Dundrum Town Centre, 1.3km from Rathfarnham Shopping Centre and 1.2km from Nutgrove Shopping Centre and is minutes from major transport links including the M50 motorway.

The property is located in a prime destination servicing a large catchment of young professionals along with more affluent residential dwellers. Neighbouring businesses include The Eden House/bar & lounge, Massey’s funeral directors, crèche, fitness studio, Paddy Power and more.

FEATURES

Prime mixed use investment just off Grange Road in Rathfarnham
Positioned on c.1acre/.40 ha site
64 car spaces to front & side of building
Offers huge potential for further extension/development subject to P/P
Current passing rent €174,449 per annum
Net initial yield 8.13% assuming standard purchase costs 4.46%
Ground floor retail & first floor offices
Excellent asset management opportunities
Freehold

PLANNING

The subject property is located in an area zoned “LC – To protect, provide for and / or improve local centre facilities” in the South Dublin Development plan 2010 – 2016.