Savills is delighted to bring Annaville, Dundrum, Dublin 14 to the market for sale by private treaty. 

Annaville is a stunning gated development set in Dundrum, Dublin 14, widely regarded as one of Ireland’s most desirable residential addresses situated only minutes from Dundrum Village.  The Village is well connected to public nodes with the Green Luas line providing access to St. Stephen’s Green in 10 minutes. 

The residential development is in close proximity to a host of unique boutique shops and restaurants and is home to Ireland’s largest and most prestigious shopping centre ‘Dundrum Town Centre’.

The building is being offered for sale by Kieran Wallace and Eamonn Richardson of KPMG acting as joint receivers over the property. 

Completed in 2007, the scheme consists of 54 deluxe units comprising 26 one bedroom, 8 two bedroom and 16 two bed duplex apartments together with 4 two bed townhouses over 62 secure basement car parking spaces. 

This highly impressive residential scheme which has a reversionary rent roll of c. €718,000 per annum will attract significant levels of interest from domestic and international investors looking for prime Irish investment opportunities when it is offered for sale with a guide price of €8.5 million subject to contract.  This equates to a gross income yield of 7.7%.

Sarah Dillon of Savills commented that Annaville offers a unique opportunity to acquire a fully income producing asset.  This is a rare commodity, to have such a quality asset, with an excellent income profile in a single ownership.