Block of 29 apartments with parking in Cabinteely for €6m

All but two of the homes in Belville Court are currently rented and when these are also let the overall rent is expected to increase to €430,100

Belville Court: the 29 apartments at Johnstown Road are producing a rent roll of €343,500 per annum
Belville Court: the 29 apartments at Johnstown Road are producing a rent roll of €343,500 per annum

A block of 29 apartments with a rent roll of €343,500 per annum at Johnstown Road in Cabinteely, Co Dublin, is to be offered for sale through DNG New Homes at €5,950,000.

All but two of the homes in Belville Court are currently rented and when these are also let the overall rent is expected to increase to €430,100.

Four of the homes are one-beds, there are 22 two-beds and three of the units have three bedrooms.

Each of the apartments has a designated parking space in the underground car park and some units have the use of two spaces.

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Belville Court consists of 61 apartments within separate blocks developed in 2008.

The 29 units in the portfolio are all located within block B which consists of 31 apartments divided into two cores with lifts accessing the car park. One of the cores has access to a large communal roof garden with outstanding views.

Gina Kennedy of DNG New Homes said the apartment blocks are particularly well built and are finished to a superior specification.

The fit-out includes high-gloss kitchens with black granite worktops, gas-fired central heating with externally located, energy-efficient boilers, centralised ventilation systems, fully tiled bathrooms and en suites, concealed cisterns and heated towel rails, pressurised water systems and a floor-to-ceiling height of 8.5 feet.

Belville Court is superbly located, fronting on to Johnstown Road and the corner of Pottery Road. Cabinteely village has a range of new gourmet restaurants and cafes and is within easy commuting distance of a number of large employers. Service charges in Belville Court range from €1,351 to €2,182 per annum.

Jack Fagan

Jack Fagan

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