Investment Opportunities

"Residential Development Site", Comprising c.1.04 acres on Drummeenagh Road, Castlebellingham, Dundalk, Co. Louth and now zoned for "NEW RESIDENTIAL (A2)" in the recently adopted "Louth County Development Plan 2021-2027".

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The subject property is an aesthetically unique "town Centre" Office Development, self-contained and set in a fabulous private and very secure courtyard setting with direct vehicular & pedestrian access from Seatown's main street. This phased development was generally completed around 1990 and these stunning offices now provide for c.237 Sq/M of modern accommodation laid out over two floors and on a site of c.0.17 acres.

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REA Gunne Property are delighted to bring to market a Commercial Portfolio in a single block and forming part of "The Ramparts Shopping Centre", Ramparts Road, Co. Louth, including the rare status of free carparking spaces for tenants and their patrons in this most sought after location. The overall development benefits from dual vehicular and pedestrian access directly onto the Ramparts Road, one of Dundalk's busiest routes.

€950,000|

REA Gunne & DNG Duffy bring to market arguably the most strategically located commercial portfolio in Dundalk directly linking the town centre and the highly acclaimed Marshes Shopping Centre, one of the few in the country to increase on footfall last year. Situated between the town Centre and the Marshes Shopping Centre, Williamson's Mall enjoys near full occupancy at all times and has been structured by the current owners to offer an astute purchaser the benefit of both an immediate income in excess of €350,000 per annum and due to lease restructuring, together with a live planning permission, this sale also offers immediate development or redevelopment opportunities. "Williamson's Mall" includes a large and secure private car park which is "fully wrapped" with multiple own door self-contained units, with direct access onto the rampart road and directly opposite the main entrance to the Marshes shopping centre. The entire portfolio also incorporates first & second floor accommodation along the main mall building which enjoys very extensive road frontage onto Francis Street and opposite Earl Street, which recently recorded the highest levels of footfall in the town. Williamsons Mall and associated properties (Lot 1) together with 23 Francis Street (Lot 2), are now ripe for further rental growth through clever asset management and/or complete redevelopment or phased refurbishments. Under the instructions of a private client, viewings of the overall are highly recommended in order to fully appreciate its true potential.

Forming part of a larger portfolio sale (referred to as Williamson's Mall), 23 Francis Street, Dundalk (Lot 2) is also on offer as a potential separate lot and should be of specific interest to local and regional investors or owner occupiers due to the property's high profile location on Francis Street, Dundalk, which is the centre of the town's CBD and the most sought after location for most professional service providers or bulky goods retailers. Comprising c.4,000 sq ft over two floors and with exceptional street frontage, this commanding commercial property does require some further remedial works, but with a level of refurbishment already carried out only recently. The property is laid out to suit subdivision (SPP) into multiple units for a developer/investor or is ideal for owner occupation in this much sought-after location with an unrivalled track record for lettings and sales. 23 Francis Street enjoys very high levels of both pedestrian and vehicular passing trade with carparking available in the immediate area.

Commanding 3 story building providing for a recently refurbished ground floor retail unit with a large enclosed site to rear and with the benefit of dual shop frontage providing the potential to self-contain the ground floor from the upper floors, which are ripe for redevelopment into residential accommodation either for owner occupation or additional rental income.

The O'Hare's Mill Portfolio comprises: No. 19 - 1 Bed Ground Floor Apartment - c.51.52 Sq M No. 20 - 1 Bed Ground Floor Apartment - c.49.67 Sq M No. 22 - 2 Bed Duplex - c.87.46 Sq M No. 23 - 2 Bed Duplex - c.87.46 Sq M No. 24 - 2 Bed Duplex - c.87.46 Sq M