Investment Summary

  • High quality residential investment of scale being sold in 3 lots.
  • The Investment opportunity comprises 27 apartments at Fawn Lodge (Lot 1) and the adjoining substantial residence of Deerpark House situated beside the Castleknock Gates of Phoenix Park (Lot 2).
  • Lot 1 at Fawn Lodge comprises an entire block of 23 apartments plus 4 additional units in the second block representing 27 apartments out of the entire 52 unit apartment scheme with 32 number of secure basement car parking spaces.
  • The Fawn Lodge scheme provides:
    • 4 One-bedroom apartments
    • 20 Two-bedroom apartments
    • 3 Three-bedroom apartments
  • 3 vacant units and 24 occupied units with a total current rent of €451,200 per annum
  • Lot 2, Deerpark House neighbours the Fawn Lodge scheme and comprises a substantial detached residence of approx. 483 sq.m. (5,198 sq.ft.) a site of approx. 0.3 acres. The house is currently in use as an 8 bedroom B&B but purchasers are likely to also value its development potential to provide for additional high-end apartments at this excellent location.
  • Guide price is excess €8.5 million for the 27 standing stock apartments (Lot 1) plus €1.5m for the adjoining Deerpark House residence/development site (Lot 2).