Group of apartments in Dublin’s south docklands close to €3m sale

The Park House complex in Dublin’s south docklands

Donal Buckley

A tranche of seven apartments in the Park House complex in Dublin’s south docklands are close to being sold for €3m by BidX1. They comprise two-bedroom units 1, 3, 5, 7, 9, 17 and 20 along with seven parking spaces.

Located on Benson Street, Dublin 2, which connects Grand Canal Dock with the River Liffey quays, they are let to City Break Apartments Ltd for €200,000 per annum with CPI-linked rent reviews every five years. The lease runs up to 2034.

That rent equates to an average of €2,380 per month and a gross yield of 6.66pc.

The units range in size from 55 to 82 sqm.

Its location is also convenient to Bord Gáis Theatre, 3 Arena, National Conference Centre and Aviva Stadium.

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