Dublin 4 guesthouse offers post-pandemic opportunity at €5m

Agent JLL is guiding a price of €5 million for the well-known and well-located Waterloo House guesthouse in Ballsbridge, Dublin 4.

Located at numbers 8-10 Waterloo Road, the 21-guestroom townhouse is being offered for sale with the benefit of freehold title and vacant possession. The property offers spacious accommodation in a prime location next to the Grand Canal and just a 1km walk from St Stephen’s Green and Grafton Street.

While Waterloo House retains numerous of its original period features and fireplaces, as well as its high ceilings, it also has a guest lift serving all floors. The attractive rear garden, which houses the dining room and conservatory, offers expansionary potential (subject to planning permission).

Waterloo Road and its immediate environs form part of Dublin’s Georgian district, an area which has long been home to embassies, high net-worth individuals and prime offices. Waterloo House meanwhile has proven to be popular with both sports fans and concert goers, thanks to its proximity to the Aviva Stadium on Lansdowne Road and the RDS in Ballsbridge.

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Jack Fox of JLL’s hotels and hospitality division says: “Waterloo House offers investors an opportunity to benefit from the post-pandemic hotel market recovery. The guesthouse is well positioned for growth in the future due to additional corporate occupier demand in the vicinity being created by the large new office headquarters currently under construction for both LinkedIn and Facebook in Dublin 4.”