Prime Dublin city office sees price cut for second time in bid for buyer

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Investment,Dublin-2

New €4.4m guide for 12 and 13 Fitzwilliam Place, mews buildings and apartment represents 32% discount on original €6.5m price tag

Having failed to secure a buyer since being put up for sale at a guide price of €6.5 million in October 2021, or for a new and reduced price of €5.6 million in 2023, numbers 12 and 13 Fitzwilliam Place and their mews buildings at numbers 12 and 13 Lad Lane are being offered to the market for €4.4 million. The amount now being sought represents a 32 per cent discount on the original asking price.

The two-storey mews buildings at numbers 12 and 13 Lad Lane extend to 71sq m and 151sq m respectively and come with 14 car parking spaces. The entire investment is generating an annual rental income of €293,794. Reddy Charlton also occupies the basement of number 13 Fitzwilliam Place under a separate lease that runs co-terminus with number 12. The annual rent for this portion of their office is €12,000 annually.

Investment Dublin-2

 

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