OfficeInvestment: A beautifully maintained Georgian office building at 9 Merrion Square, Dublin 2, and five two-bedroom apartments at the rear have come on the market through joint agents HT Meagher O'Reilly and Sherry FitzGerald O'Reilly. The asking price is €8 million.
Number 9 is located on the northside of Merrion Square beside the HQ of the Royal Institute of Architects of Ireland. The Merrion Plaza apartments are directly opposite the Alexander Hotel.
The office building has 562.9 sq m (6,059 sq ft) of floor space in the original four-storey over basement structure and in a modern three-storey return. The building has retained many of its original features and has been maintained in pristine condition by the present occupiers. The selling agent says it is "one of the square's finest buildings".
The location of the apartment block together with the high quality fit out would normally ensure that it attracts corporate as well as private tenants. Each of the five apartments has a floor area of 111.48 sq m (1,200 sq ft) and a high spec fit out with south-facing balconies overlooking a landscaped courtyard. There are 10 covered car-parking spaces on-site.
The selling agent says that the mixed use property should appeal to owner-occupiers, professional practices and investors, and should also be of interest to embassies seeking prime office and residential accommodation.
