A fully let residential investment on Sussex Road is being brought to the market as investors continue to seek stable income streams in Dublin’s constrained rental sector.
Hooke & MacDonald has launched No 2 Sussex Road, Dublin 4, guiding €1.15 million and producing an annual rent of €90,900, equating to a gross yield of approximately 7.9 per cent.
The mid-terrace property comprises four self-contained one-bedroom apartments and has been maintained in good condition following a refurbishment in 2017. Works at the time included upgrades to kitchens, bathrooms, wardrobes and flooring.
The scheme is fully occupied, with tenants unaffected, positioning it as a turnkey investment with no immediate requirement for capital expenditure.
“This is a high quality income producing investment in a prime Dublin 4 location, generating €90,900 per annum and reflecting an attractive yield of approximately 7.9 per cent in a supply constrained market,” said Conor Steen, associate director at Hooke & MacDonald.
Located just off Mespil Road, adjacent to Leeson Street, the property sits within one of Dublin’s most established residential and commercial districts. Its proximity to the central business district, Grand Canal Dock and St Stephen’s Green underpins consistent demand from professional tenants.
The surrounding area offers a broad mix of amenities, including cafés, restaurants, gyms and hotels, while connectivity is a key draw. Multiple Dublin Bus routes serve the area, with the Luas at Charlemont and Pearse Street Dart station both within walking distance.
Residents may also avail of on-street parking, with eligibility for up to four Dublin City Council permits, subject to approval.
Against a backdrop of limited supply and sustained rental demand, smaller-scale, income-producing assets in core locations such as Dublin 4 continue to attract investor interest, particularly where near-term expenditure is minimal and occupancy is secured.