Retail and residential mix in Santry on market for over €1m

Dublin 9 offer includes two-storey home and adjoining shop currently rented to Centra

Agent CBRE is seeking offers in excess of €1 million for a retail and residential investment on the Old Swords Road in Santry, Dublin 9, which will show a return of 8.19 per cent.

The investment will include a two-storey residential property as well as an adjoining double-height retail unit let to Centra on a 25-year lease from 2008 at a rent of €70,000 per annum.

The properties are in a prominent location close to Paddy Power and Cheers. Colm Luddy of CBRE said he believed the property would have a broad appeal to domestic investors.

Jack Fagan

Jack Fagan

Jack Fagan is the former commercial-property editor of The Irish Times