Abbey Glen - MyHome.ie
Abbey Glen - MyHome.ie
Abbey Glen - MyHome.ie
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www.htmor.<strong>ie</strong><br />
<strong>Abbey</strong> <strong>Glen</strong><br />
CABINTEELY<br />
Substantial Residential Investment Opportunity - Dublin 18<br />
www.abbeyglendublin.com
<strong>Abbey</strong> <strong>Glen</strong><br />
CABINTEELY<br />
Entire Development – 44 Apartments and Penthouses
Location<br />
<strong>Abbey</strong> <strong>Glen</strong> is excellently positioned close to Cabinteely Village. The development fronts<br />
onto Johnstown Avenue however vehicular access is via Pottery Road. The development is<br />
close to the junction with the N11 Dublin to Wexford road and is approximately 400 meters<br />
from the Village. Cabinteely Village is the new gastronomical capital of the Southside of<br />
Dublin with a host of new gourmet restaurants and cafes opening in recent years. The<br />
surrounding area is predominantly residential with a mixture of housing and apartments. All<br />
local amenit<strong>ie</strong>s which include schools, shops, bars and restaurants are located within walking<br />
distance of the development. Public transport in the area is provided by Dublin Bus on the<br />
N11 and Johnstown Road, services operating in the area are 7, 7A, 7B, 45A, 56C, 86 and 111.<br />
The development is situated close to the Amgen Therapeutics Ireland Plant on Pottery Road;<br />
Amgen is an internationally recognized pharmaceutical company employing 17,000 people<br />
worldwide since 1980. Bank of Ireland Operations Centre in Cabinteely Village is also a<br />
major local employer. BD Medical and Lidl supermarket are also located on Pottery Road and<br />
offer employment. Cabinteely Park is located on the opposite side of the N11 and provides<br />
significant public open space.<br />
Cabinteely Park
Tesco Cabinteely Football Club N11 Cherrywood Johnstown Road Cabinteely Village Brennanstown Road<br />
Kilbogget Park Cabinteely Community School Cabinteely Park Cornelscourt
Actual v<strong>ie</strong>w from penthouse level<br />
The Development<br />
<strong>Abbey</strong> <strong>Glen</strong> is a modern apartment development<br />
comprising 44 residential units set out in two blocks.<br />
The apartments comprise a mix of one, two and<br />
three bedroom apartments and two bedroom duplex<br />
penthouses. There are 13 one bedroom units, 22<br />
two bedroom units, 5 three bedroom apartments<br />
and 4 two bedroom duplex penthouses complete<br />
the scheme. The development has the benefit of a<br />
secure underground car park.<br />
The property is set out in two distinctive blocks. The<br />
North Block consists of twenty apartments while the<br />
South block houses the remaining twenty four units.<br />
The property is render finished with charcoal grey<br />
aluminium windows, and balcon<strong>ie</strong>s overlooking the<br />
communal gardens to the rear or Johnstown Road to<br />
the front. The buildings have been designed to enjoy<br />
maximum benefits from solar gain and many of the<br />
units are or<strong>ie</strong>ntated south and west overlooking the<br />
landscaped gardens.<br />
Of the forty four units, nine remain incomplete<br />
requiring works to bring them to a rentable standard,<br />
the remaining thirty five are complete and let. The<br />
development is currently producing a gross rent<br />
of €419,000. An estimated open market rent for<br />
all units fully complete would be in the region of<br />
€585,000.
1. 2. 3. 4.
5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15.<br />
Investors<br />
<strong>Abbey</strong> <strong>Glen</strong> offers a superb investment<br />
opportunity with a current gross income of<br />
€419,000 per annum. The investment also<br />
offers substantial potential for increased<br />
income generation and rental growth.<br />
The income is subject to change as there may<br />
be changes to the tenanc<strong>ie</strong>s during the sales<br />
period.<br />
Please note that the tenants are not affected<br />
by this sale.<br />
1. Blackrock<br />
2. LIDL<br />
3. IADT Dun Laoghaire<br />
4. Monkstown<br />
5. Pottery Road<br />
6. National Rehabilitation Hospital<br />
7. Amgen Therapeutics Ireland<br />
8. MSL<br />
9. Johnstown Road<br />
10. Rochestown Avenue<br />
11. Dun Laoghaire West P<strong>ie</strong>r<br />
12. Dun Laoghaire<br />
13. Rochestown Lodge Hotel<br />
14. Dun Laoghaire East P<strong>ie</strong>r<br />
15. Glasthule
External Features<br />
● Landscaped communal gardens to the rear<br />
of the development<br />
● Planted bedding throughout the scheme<br />
● Secure underground car parking<br />
● Balcon<strong>ie</strong>s or roof terraces to all apartments<br />
● Lifts to all floors<br />
● Secure entry system<br />
● Adjacent to the highly sought after<br />
St. Gabr<strong>ie</strong>l’s development<br />
● Pedestrian access to Johnstown Road<br />
Internal Features<br />
● Good sized apartments with attractive layouts<br />
● Double glazed windows and doors<br />
● Good quality fittings in most apartments<br />
● Excellent v<strong>ie</strong>ws from penthouse apartments<br />
● Gas Fired Central Heating<br />
● Potential to increase specification in<br />
apartments and communal areas<br />
● Rented units fully furnished<br />
Additional<br />
● 10 year structural guarantee<br />
● 55 underground car space and 2 surface<br />
Rental Schedule<br />
Block Apartment Floor Level Beds Aspect Or<strong>ie</strong>ntation Floor Balcony Total<br />
North 1 Ground 2 Dual NE & NW 69 9.5 78.5<br />
North 2 Ground 1 Single NE 71 9.5 80.5<br />
North 3 Ground 1 Single NE 71 9.5 80.5<br />
North 4 Ground 1 Single NE 71 9.5 80.5<br />
North 5 1st 2 Dual NE & NW 65 4.5 69.5<br />
North 6 Garden 2 Dual SW 81 9 90<br />
North 7 1st 1 Single NE 54 4.5 58.5<br />
North 8 Garden 2 Single SW 67 9 76<br />
North 9 1st 1 Single NE 54 4.5 58.5<br />
North 10 1st 1 Single NE 54 4.5 58.5*<br />
North 11 Garden 2 Single SW 65 9 74<br />
North 12 2nd 3 Tri NE & SW 96 7 103<br />
North 13 2nd 2 Single SW 66 4.5 70.5<br />
North 14 2nd 1 Single NE 54 4.5 58.5<br />
North 15 2nd 1 Single NE 54 4.5 58.5<br />
North 16 2nd 2 Single SW 64 4.5 68.5<br />
North 17 3rd 2 Single SW 66 4.5 70.5<br />
North 18 3rd 1 Single NE 56 4 60<br />
North 19 3rd & 4th 2 Duplex Dual NE & SW 134 45 179<br />
North 20 3rd 2 Single SW 64 4.5 68.5<br />
South 21 Ground 2 Single East 88 9.5 97.5<br />
South 22 Ground 1 Single East 71 9.5 80.5<br />
South 23 Ground 2 Single East 88 9.5 97.5<br />
South 24 Ground 2 Single East 87 9.5 96.5<br />
South 25 Garden 2 Single West 66 10 76<br />
South 26 1st 2 Single East 68 4.5 72.5<br />
South 27 1st 1 Single East 54 4.5 58.5<br />
South 28 Garden 2 Single West 68 10 78<br />
South 29 1st 2 Single East 68 4.5 72.5<br />
South 30 Garden 3 Single West 86 10 96<br />
South 31 1st 2 Tri E & W 88 4.5 82.5<br />
South 32 2nd 2 Single West 67 4.5 71.5<br />
South 33 2nd 2 Single East 68 4.5 72.5<br />
South 34 2nd 1 Single East 54 4.5 58.5<br />
South 35 2nd 2 Single West 67 4.5 71.5*<br />
South 36 2nd 3 Single West 87 4.5 91.5<br />
South 37 2nd 3 Dual E & S 85 4 89<br />
South 38 3rd 2 Single West 65 4.5 69.5<br />
South 39 3rd & 4th 2 Duplex Dual E & W 134 45 179<br />
South 40 3rd & 4th 2 Duplex Dual E & W 134 45 179<br />
South 41 3rd 2 Single West 67 4.5 71.5<br />
South 42 3rd & 4th 2 Duplex Dual E & W 134 45 179<br />
South 43 3rd 3 Single West 85 4.5 89.5<br />
South 44 3rd 1 Dual E & S 52 3 55<br />
Current Income<br />
Unit Type No. of units No. Rented Rent Range Ave. Rent Total PCM Total PA No Unfinished<br />
1 Bed Apartment 13 12 €875-950 €893 €10,716 €128,592 1<br />
2 Bed Apartment 22 20 €930-1,200 €1,030 €20,600 €247,200 2<br />
3 Bed Apartment 5 3 €1,200 €1,200 €3,600 €43,200 2<br />
2 Bed Duplex Penthouse 4 0 0 0 0 0 4<br />
Totals 44 35 €34,916 €418,992 9<br />
Potential Income post completion works based on 100% occupancy<br />
Unit Type No. of units Min. Rent Total PCM Total PA<br />
1 Bed Apartment 13 €950 €12,350 €148,200<br />
2 Bed Apartment 22 €1,100 €24,200 €290,000<br />
3 Bed Apartment 5 €1,250 €6,250 €75,000<br />
2 Bed Duplex Penthouse 4 €1,500 €6,000 €72,000<br />
Totals 44 €48,800 €585,600<br />
*Vacant for Sales Campaign
Floor Plans<br />
Patio<br />
Living<br />
Bedroom<br />
24<br />
Master<br />
Bedroom<br />
Patio<br />
Dining<br />
Kitchen<br />
En-suite<br />
Living<br />
Bathroom<br />
23<br />
Bedroom<br />
Dining<br />
Kitchen<br />
Master<br />
Bedroom<br />
Patio<br />
En-suite<br />
Ground Floor<br />
South Block<br />
1 Bed Apartment<br />
2 Bed Apartment<br />
3 Bed Apartment<br />
2 Bed Duplex Penthouse<br />
Living<br />
Bathroom<br />
22<br />
Dining<br />
Bedroom<br />
Kitchen<br />
Bathroom<br />
Patio<br />
Living<br />
21<br />
Bedroom<br />
Dining<br />
Kitchen<br />
Master<br />
Bedroom<br />
En-suite<br />
Bathroom<br />
Entrance Lobby<br />
Car Parking<br />
Entrance Lobby<br />
Living<br />
Patio<br />
Ground Floor<br />
North Block<br />
4<br />
Dining<br />
Kitchen<br />
Bedroom<br />
Bathroom<br />
Living<br />
Patio<br />
Dining<br />
3<br />
Kitchen<br />
Bedroom<br />
Bathroom<br />
Living<br />
Dining<br />
Patio<br />
2<br />
Kitchen<br />
Bedroom<br />
Bathroom<br />
Kitchen<br />
Bathroom<br />
Dining<br />
Living<br />
Patio<br />
1<br />
Bedroom<br />
En-suite<br />
Master<br />
Bedroom
Dining<br />
Dining<br />
Dining<br />
Dining<br />
Dining<br />
Dining<br />
Dining<br />
Dining<br />
Dining<br />
Dining<br />
Dining<br />
Dining<br />
Dining<br />
Dining<br />
Master<br />
Bedroom<br />
Master<br />
Bedroom<br />
Master<br />
Bedroom<br />
Master<br />
Bedroom<br />
Master<br />
Bedroom<br />
Master<br />
Bedroom<br />
Master<br />
Bedroom<br />
Master<br />
Bedroom<br />
Master<br />
Bedroom<br />
Master<br />
Bedroom<br />
En-suite<br />
En-suite<br />
En-suite<br />
En-suite<br />
En-suite<br />
En-suite<br />
En-suite<br />
En-suite<br />
Bathroom<br />
Bathroom<br />
Bathroom<br />
Bathroom<br />
Bathroom<br />
Bathroom<br />
Bathroom<br />
Bathroom<br />
Bathroom<br />
Bathroom<br />
Bathroom<br />
Bathroom<br />
Bathroom<br />
Bathroom<br />
Living<br />
Living<br />
Living<br />
Living<br />
Living<br />
Living<br />
Living<br />
Living<br />
Living<br />
Living<br />
Living<br />
Living<br />
Living<br />
Living<br />
Patio<br />
Patio<br />
Patio<br />
Patio<br />
Patio<br />
Patio<br />
Balcony<br />
Balcony<br />
Balcony<br />
Balcony<br />
Balcony<br />
Balcony<br />
Balcony<br />
Balcony<br />
Bedroom<br />
Bedroom<br />
Bedroom<br />
Bedroom<br />
Bedroom<br />
Bedroom<br />
Bedroom<br />
Bedroom<br />
Bedroom<br />
Bedroom<br />
Bedroom<br />
Bedroom<br />
Bedroom<br />
Bedroom<br />
Bedroom<br />
Kitchen<br />
Kitchen<br />
Kitchen<br />
Kitchen<br />
Kitchen<br />
Kitchen<br />
Kitchen<br />
Kitchen<br />
Kitchen<br />
Kitchen<br />
Kitchen<br />
Kitchen<br />
Kitchen<br />
Kitchen<br />
31<br />
29<br />
30<br />
28<br />
27<br />
25<br />
26<br />
11<br />
10<br />
8<br />
9<br />
6<br />
7<br />
5<br />
First Floor<br />
South Block<br />
First Floor<br />
North Block<br />
1 Bed Apartment<br />
2 Bed Apartment<br />
3 Bed Apartment<br />
2 Bed Duplex Penthouse
Balcony<br />
Living<br />
Dining<br />
Bedroom<br />
Bedroom<br />
Kitchen<br />
En-suite<br />
37<br />
Master<br />
Bedroom<br />
Master<br />
Bedroom<br />
Bathroom<br />
Bathroom<br />
Second Floor<br />
South Block<br />
1 Bed Apartment<br />
2 Bed Apartment<br />
3 Bed Apartment<br />
2 Bed Duplex Penthouse<br />
En-suite<br />
Living<br />
Balcony<br />
36<br />
Dining<br />
Bedroom<br />
Kitchen<br />
Dining<br />
Kitchen<br />
Bedroom<br />
Bedroom<br />
Living<br />
34<br />
Bathroom<br />
Balcony<br />
Bathroom<br />
Living<br />
Balcony<br />
En-suite<br />
35<br />
Dining<br />
Master<br />
Bedroom<br />
Kitchen<br />
Bedroom<br />
Bedroom<br />
Dining<br />
Kitchen<br />
Master<br />
Bedroom<br />
Living<br />
33<br />
En-suite<br />
Balcony<br />
Bathroom<br />
Bathroom<br />
En-suite<br />
32<br />
Master<br />
Bedroom<br />
Kitchen<br />
Bedroom<br />
Dining<br />
Living<br />
Balcony<br />
Living<br />
Living<br />
Dining<br />
Dining<br />
Balcony<br />
Kitchen<br />
Kitchen<br />
Balcony<br />
Bedroom<br />
Bedroom<br />
16<br />
15<br />
Master<br />
Bedroom<br />
En-suite<br />
Bathroom<br />
Bathroom<br />
Living<br />
Dining<br />
Balcony<br />
Living<br />
Balcony<br />
Dining<br />
Kitchen<br />
Kitchen<br />
Bedroom<br />
Bedroom<br />
14<br />
Bathroom<br />
Master<br />
Bedroom<br />
En-suite<br />
13<br />
Bathroom<br />
Kitchen<br />
Living<br />
En-suite<br />
12<br />
Dining<br />
Second Floor<br />
North Block<br />
Master<br />
Bedroom<br />
Bathroom<br />
Bedroom<br />
Balcony<br />
Bedroom
Balcony<br />
Dining<br />
Living<br />
Kitchen<br />
Bedroom<br />
44<br />
Bedroom<br />
En-suite<br />
Bathroom<br />
Third Floor<br />
South Block<br />
1 Bed Apartment<br />
2 Bed Apartment<br />
3 Bed Apartment<br />
2 Bed Duplex Penthouse<br />
En-suite<br />
Master<br />
Bedroom<br />
Bathroom<br />
42<br />
Bedroom<br />
43<br />
En-suite<br />
Bedroom<br />
Bedroom<br />
Kitchen<br />
Bedroom<br />
Dining<br />
En-suite<br />
Living<br />
Bedroom<br />
Bathroom<br />
40<br />
Balcony<br />
En-suite<br />
41<br />
En-suite<br />
Master<br />
Bedroom<br />
Kitchen<br />
En-suite<br />
Bedroom<br />
Dining<br />
Bedroom<br />
39<br />
Bedroom<br />
Living<br />
Balcony<br />
Bathroom<br />
En-suite<br />
Master<br />
Bedroom<br />
En-suite<br />
38<br />
Kitchen<br />
Bedroom<br />
Dining<br />
Living<br />
Balcony<br />
Dining<br />
Living<br />
Bedroom<br />
En-suite<br />
Kitchen<br />
Balcony<br />
19<br />
Bedroom<br />
Bedroom<br />
En-suite<br />
Master<br />
Bedroom<br />
En-suite<br />
20<br />
Bathroom<br />
Bedroom<br />
Living<br />
Dining<br />
Bathroom<br />
Living<br />
18<br />
Balcony<br />
Kitchen<br />
Dining<br />
Balcony<br />
Bedroom<br />
17<br />
Kitchen<br />
Master<br />
Bedroom<br />
En-suite<br />
Bathroom<br />
Third Floor<br />
North Block
Fourth Floor<br />
South Block<br />
1 Bed Apartment<br />
2 Bed Apartment<br />
3 Bed Apartment<br />
2 Bed Duplex Penthouse<br />
Bathroom<br />
Balcony<br />
42<br />
Kitchen<br />
Living<br />
Bathroom<br />
Balcony<br />
Balcony<br />
Dining<br />
40<br />
Kitchen<br />
Living<br />
Bathroom<br />
Balcony<br />
Balcony<br />
Dining<br />
Kitchen<br />
39<br />
Living<br />
Balcony<br />
Dining<br />
Bathroom<br />
Balcony<br />
19<br />
Living<br />
Kitchen<br />
Balcony<br />
Dining<br />
Fourth Floor<br />
North Block
Professional Team<br />
Receivers<br />
Tom O’Br<strong>ie</strong>n<br />
Mazars<br />
Block 3, Harcourt Centre<br />
Harcourt Road<br />
Dublin 2<br />
Solicitors<br />
Orpen Franks<br />
28 & 30 Burlington Road<br />
Dublin 4<br />
Architects<br />
Pat O’Br<strong>ie</strong>n Architects<br />
19 Cadogan Road<br />
Fairv<strong>ie</strong>w<br />
Dublin 3<br />
Sales Agents<br />
HT Meagher O’Reilly<br />
Residential<br />
20-21 Upper Pembroke Street<br />
Dublin 2<br />
Luas Kilmacud<br />
Stillorgan<br />
Industrial Park<br />
Sandyford<br />
Sandyford<br />
Industrial Estate<br />
Beacon Hospital<br />
Luas The Gallops<br />
Stepaside<br />
Stillorgan<br />
Luas Stillorgan<br />
Luas <strong>Glen</strong>cairn<br />
M50<br />
Ballyogan<br />
Road<br />
Luas Sandyford<br />
Leopardstown<br />
Road<br />
Vodafone Ireland<br />
Luas Central Park<br />
CITY CENTRE<br />
N11<br />
Torquay<br />
Road<br />
Luas Leopardstown<br />
Valley<br />
20-12 Upper Pembroke Street, Dublin 2<br />
www.htmor.<strong>ie</strong><br />
Leopardstown<br />
Racecourse<br />
01 634 2478 enquir<strong>ie</strong>s@htmor.<strong>ie</strong><br />
Stillorgan Road<br />
Brighton<br />
Road<br />
Cornelscourt<br />
Shopping Centre<br />
M50<br />
Cabinteely<br />
Park<br />
Brennanstown<br />
Road<br />
Luas Ballyogan Wood Luas Carrickmines<br />
The Park<br />
Carrickmines<br />
Newtown Park<br />
Avenue<br />
Foxrock<br />
Carrickmines<br />
Blackrock<br />
Kill Lane<br />
Clonkeen<br />
Road<br />
Monkstown<br />
Pottery<br />
Road<br />
Amgen<br />
Cabinteely<br />
Village<br />
Johnstown<br />
Road<br />
N11<br />
Luas Laughanstown<br />
Dun Laoghaire<br />
Dart<br />
Sandycove &<br />
Glasthule<br />
Dun Laoghaire<br />
Institute of Art Design<br />
&Technology<br />
<strong>Glen</strong>ageary<br />
Rochestown<br />
Avenue<br />
Kilbogget<br />
Park<br />
Luas Cherrywood<br />
Cherrywood<br />
Fr<strong>ie</strong>nds Dell<br />
First<br />
Luas Brides <strong>Glen</strong><br />
Important Note: The particulars contained in this document were prepared from preliminary plans and specifications and are intended only as a guide as final finishes may vary. The particular do not form part of any offer<br />
or contract and should not be rel<strong>ie</strong>d upon as statements or representation of facts. Any areas, measurements or distances are approximate. Text, photographs, plans and site plans are for guideline only, are not necessarily<br />
comprehensive and may be subject to change. HT Meagher O’Reilly Residential are not authorised to make or give any representations or warrant<strong>ie</strong>s in relation to the property. It should not be assumed that the property<br />
has all necessary planning, building regulations or other consents. We have not made any investigation into the existence or otherwise of any issues concerning pollution of land, air or water contamination. The purchaser is<br />
responsible for making his own enquir<strong>ie</strong>s.<br />
MSL<br />
Tesco<br />
Church<br />
Road<br />
M11<br />
Glasthule<br />
Dart<br />
<strong>Glen</strong>ageary<br />
Killiney<br />
Sandycove<br />
Ballybrack<br />
Killiney Hill<br />
Park<br />
Dart<br />
Killiney<br />
Dart<br />
Dalkey<br />
Dalkey<br />
Dalkey Island
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