The Ice Rink development in Dolphins Barn, Dublin 8 which was designed by BDP Architects and built in 2006, is a six storey building which incorporates 41 apartments. The development occupies a prominent position just off the South Circular Road, adjacent to The Coombe Maternity Hospital and close to St. James’s Hospital and the Luas Red Line.

Hooke & MacDonald are offering the sale of 20 of the apartments, 7 of which are one bedroom units (44 - 56 sq.m.), 12 are two bedroom units (60-74 sq.m.) and there is 1 three bedroom apartment (94 sq.m.). The apartments are finished to a good standard, each with a good sized balcony and one designated car parking space at basement level.

The apartments are let and are producing a current gross rental income of €228,600 per annum, averaging €842 pm. for the one bedroom apartments and €1,041 for the 2 bedroom apartments and €1,500 pm for the 3 bedroom unit. Given its proximity to the two large hospitals and the city centre, this is a strong letting location and there is significant potential to increase income. The current estimated rental value is €321,600 per annum.

The guide price for the apartments at The Ice Rink is €2.5 million, which equates to €125,000 per apartment and a gross yield of 12.9% (before costs) based on the current ERV.


For further details please contact: Enda Moore, John Farrell or Gavin Hanlon
Hooke & MacDonald
01-6318403.