€4 million for D8 building with tax breaks

A newly completed retail and apartment development with valuable tax concessions in Inchicore, Dublin 8, has come on the market…

A newly completed retail and apartment development with valuable tax concessions in Inchicore, Dublin 8, has come on the market through agent McNally Handy with a guide price of €4 million.

An investor will be able to write off 66.5 per cent of the purchase price against personal income.

The four-storey building, Ellen Hall, is on the northern side of Emmet Road close to the junction with South Circular Road.

There are two retail units on the ground floor of 60sq m (646sq ft) and 58sq m (624sq ft) and four overhead apartments.

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Two of these are two-bedroom units with floor areas of over 69sq m (743sq ft) while the two others are three-bedroom duplex homes with over 104sq m (1,119sq ft) of floor space and outside terraces.

The apartments have been finished to a high standard and include fitted kitchens with integrated appliances, a mixture of wood and tiled flooring, and fitted wardrobes. Each apartment also has a storage unit at ground floor level.