75 Hybreasal House, South Circular Road, Dublin 8, D08 H018

SMART Property are delighted to present Apartment 75 Hybreasal House, South Circular Road, Hybreasal, Dublin 8, a ground floor, studio apartment nestled in the heart of a historic and picturesque development in the heart of a Dublin city suburb.

Hybreasal House, known previously as St. Patricks House, was a former convent built and run by the Little Sisters of the Poor in 1883. In 1995 the building was redeveloped by Bovale Developments into its current residential housing and renamed to Hybreasal. The front of the building maintains its beautiful original stone archway which allows for pedestrian access through a security gate and a path bordered by lawn and shrubs leads to the stone steps which bring you to the main entrance. The overall grounds of the development are maintained to the highest standards with its mature oak trees and planting along with numerous block-built bin stores throughout the grounds. Inside the historic building, all of the original character is still clearly evident from the grand oak stair cases to its mouldings.

No. 75, located on the ground level, is tucked away to the far-right hand end of the building. Upon entering the property, you are greeted by a bright studio apartment with its accommodation consisting of entrance hallway, separate bathroom with full suite, open plan living/bedroom and fully fitted kitchen neatly enclosed to the end of the living space, giving the sense separation and division of the living areas. The property has recently been decorated throughout with its fresh paint work and beautiful laminate oak flooring throughout. The living area has a large fire surround with electric fire, modern light fittings while also keeping some of the original feature of the building with its sash windows and original locks.

Located on the South Circular Road, Hybreasal benefits from excellent transport links including numerous bus routes and two LUAS stations within 4 minutes' walk. The area is currently undergoing a major transformation with the development of the National Children's Hospital in St James' along with further development nearby at Grand Canal Harbour and the site at St James' Gate. Both Kilmainham and Rialto villages offer numerous amenities including shops, post office, pharmacies, hairdresser and several coffee shops, cafes and restaurants. Amenities such as IMMA at Kilmainham Hospital, War Memorial Gardens, and the Phoenix Park are all within walking distance of the development.

The property has a potential rent of €1130 per month and could see any investor achieving a gross yield return of 6.5%. The property will also be sold with the benefit of vacant possession.

The development is currently managed by RF Property Management.

• Service Charges/Insurance for current annual year is €2460, RF Property Management
• Previous/Current Rent Payable - 1100
• Date in which previous/current rent came in effect - 04/05/2022
• Rent review was issued to tenant on 15/06/2023 and was due to come into effect on the 16/09/2023 and would have been 1130, however the tenant vacated and tenancy ended 15th August 2023.