THE ALLIANCE - Savills · The Alliance, The Gasworks, Dublin 4 The Alliance presents an opportunity...
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THE ALLIANCE The Gasworks, Dublin 4 Prime Residential Investment Opportunity
Transcript of THE ALLIANCE - Savills · The Alliance, The Gasworks, Dublin 4 The Alliance presents an opportunity...
T H E A L L I AN C ET h e G a s w o r k s , D u b l i n 4
Prime Residential Investment Opportunity
T H E A L L I AN C ET h e G a s w o r k s , D u b l i n 4
Prime Residential Investment Opportunity
The Alliance, The Gasworks, Dublin 4The Alliance presents an opportunity to acquire an unparalleled icon of central Dublin’s landscape and architecture.
The building offers 210 luxury apartments within walking distance of the famous central Dublin landmarks, including St. Stephen’s Green, the Aviva Stadium at Lansdowne Road, Trinity College and the International Financial Services Centre.
A prime residential location in the desirable Dublin 4, with plentiful local amenities and immediately adjacent to a dynamic business hub that has attracted companies such as Google, Facebook and Linkedin. A uniquely popular development with virtually full occupancy and a current gross income of approximately €3.25 million per annum, offering the opportunity to acquire a hugely successful, income producing asset.
DART Li
ne
Central Bank of Ireland
St. Stephen’s Green
Grafton Street
Trinity College
The Gasworks
Grand Canal
Lansdowne Road Station
Ballsbridge
Aviva Stadium
National Parliament
T H E A L L I AN C ET h e G a s w o r k s , D u b l i n 4
European Headquarters
Grand Canal Dock Station
DART Line
Croke Park
Shelbourne Park
The O2
Grand Canal Theatre
IFSC
River Liffey
River Dodder
National Convention Centre
Sir John Rogerson’s Quay
Hanover Quay
The Gasworks is situated in the vibrant heart of Dublin city centre, close to the main central business districts and the affluent residential areas of Dublin 4.
With the Aviva Stadium in the background, the development is on the doorstep of Dublin’s major commercial centres including the Grand Canal Dock, the South Docks, St. Stephen’s Green and the International Financial Services Centre.
The Gasworks’ apartments offer fine views over the city centre to the west, Dublin Bay and the Island of Howth to the north east and the Dublin Mountains to the south.
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T H E A L L I AN C ET h e G a s w o r k s , D u b l i n 4
gasworksthe
The Gasworks was completed in 2005, transforming an iconic feature of the Dublin skyline into the highest standards of prime residential construction. The property offers attractive, modern living for professionals and city-dwellers, a short walk to the main attractions of central Dublin.
The adjacent Grand Canal Dock development has created a vibrant new commercial centre which includes the 2,100-seat Grand Canal Theatre, commercial space attracting major global corporations, a new residential district and a thriving collection of hotels, restaurants, bars and cafés.
The area has been a major beneficiary of the Industrial Development Agency’s drive to make Ireland attractive to a new generation of international information technology businesses. New employers in the area include Google, Facebook, Linkedin, Zynga; in addition to businesses such as BT, Accenture, HSBC and Mason Hayes & Curran.
Google’s decision to locate their European headquarters in Dublin has brought substantial investment and employment to the area. Google now owns or occupies 4 buildings at Grand Canal Dock totaling approximately 42,000 sq metres and employing over 2,000 people.
European Headquarters
T H E A L L I AN C ET h e G a s w o r k s , D u b l i n 4
Shelbourne Park
Grand Canal TheatreAccenture & HSBC
Mason Hayes & Curran
Willis
BNY Mellon McCann Fitzgerald
Matheson Ormsby Prentice
The Gasworks
Grand Canal Dock Station
DA
RT
Line
European Headquarters
Accenture & BT
alliancethe
As the Gasworks development’s iconic focal point, the Alliance is a striking metal cylinder around a stunning 9-storey glass façade, set within an innovative residential design and surrounded by landscaped gardens.
The Alliance provides 210 luxury private residential apartments, all generously proportioned and fitted to an extremely high standard, with plentiful car parking provided over four basement levels.
Set within a spectacular open air atrium, the building provides 8 one bedroom apartments on ground level and 202 two bedroom apartments on ground and eight upper storeys.
floorplans
ground floor
Typical One Bed Apartmentthe
Average840 sq ft
Average768 sq ft
Entrance to Basement Car ParkFor indicative purposes only
1 Bedroom Apartment
2 Bedroom Apartment
floorplansthe
Average840 sq ft
Average768 sq ft
Typical Two Bed Apartment
For indicative purposes only
1 Bedroom Apartment
2 Bedroom Apartment
second - eighth floor
• Highqualityfittedkitchenunits
• Stainlesssteelextractorfan
• Built-inovensanddishwasheras standard
• Securityintercomsystem
• Doubleglazedwindows
• Fittedwardrobes
• Ensuitemasterbedroomsinalltwo bedroom units
• Recessedlightinginlivingroom, kitchen and bathrooms
• Wiredforallmediaservices
• ExtraTVandphonepointsinmaster bedrooms
• Ownlaundryandstorageroom
• Individuallysuppliedandmetered services
• Securesitesurroundedbylandscaped grounds
• Securebasementcarparkingfor all apartments
• Fourliftstoupperstoreybalconies and apartments
developmentthe
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DART L INE
AV IVA STAD IUM
C ITY CENTRE
STAT ION
T h e A l l i a n c e
T h e D i c k e n s
T h e H i b e r n i a n
T h e P o o l b e g
T h e C a m d e n
T h e P i d g e o n H o u s e
T h e C l a y t o n
T h e W i l l i a m B l i g h
T h e L o t t s
Level 1 Bed Apt (ave. 678 sq ft)
2 Bed Apt (ave. 840 sq ft)
Eight 24
Seven 24
Six 24
Five 24
Four 24
Three 24
Two 23
One 23
Ground 8 12
Total 8 202
Basement 230 car parking spaces
Specification
Site LayoutApartment Schedule
investmentinformation
Tenancy• TheAllianceapartmentsarecurrently
97% let with over 200 short term residential tenancy agreements, typically for a fixed 12 month period.
• RentallevelscurrentlyrangefromE1,100 per month for a one bedroom apartment and between E1,250 - E1,500 per month for a two bedroom apartment.
• Grossrentalincomecurrentlystandsat E3,257,850 per annum.
Tenure• TitletotheapartmentsintheThe
Alliance and 230 car parking spaces shall be held following disposal, under a 500 year lease commencing on 1 January 2005.
• Furtherinformationandplansofthedemise are available upon request.
Estate ManagementThe Alliance forms part of the Gasworks Development and all relevant parts of the common areas of the development, including the common areas of the Alliance building, will in due course come under ownership of the management company, South Lotts Property Management Limited. South Lotts Property Management Limited has been efficiently managing the Gasworks Development for 6 years.
VATWeunderstandthepropertyiselectedforVAT.
PricingOn application.
ViewingsViewingsarestrictlytobearrangedthroughthesellingagents.
contacts
Savills Ireland32 Molesworth StreetDublin 2Ireland Fergus O’Farrell+353 (0) 1 618 [email protected] Mark Reynolds+353 (0) 1 618 [email protected] Ben Thompson+353 (0) 1 618 [email protected]
Savills UKLansdowne House57 Berkeley SquareLondon W1J 6ER, UK
Piers de Winton+44 (0)20 7016 [email protected]
SolicitorsMatheson Ormsby Prentice70 Sir John Rogerson’s QuayDublin 2Ireland Brian Doran+353 (0) 1 232 [email protected]
Savills Ireland and the Vendor/Lessor give note that the particulars and information contained in this brochure do not form any part of any offer or contract and are for guidance only. The particulars, descriptions, dimensions, references to condition, permissions or licences for use or occupation, access and any other details, such as prices, rents or any other outgoings are for guidance only and are subject to change. Maps and plans are not to scale and measurements are approximate. Whilst care has been taken in the preparation of this brochure intending purchasers, Lessees or any third party should not rely on particulars and information contained in this brochure as statements of fact but must satisfy themselves as to the accuracy of details given to them. Neither Savills Ireland nor any of its employees have any authority to make or give any representation or warranty (express or implied) in relation to the property and neither Savills Ireland nor any of its employees nor the vendor or lessor shall be liable for any loss suffered by an intending purchaser/Lessees or any third party arising from the particulars or information contained in this brochure. Prices quoted are exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchasers/lessees shall be liable for any VAT arising on the transaction. This brochure is issued by Savills Ireland on the understanding that any negotiations relating to the property are conducted through it. All maps produced by permission of the Ordnance Survey Ireland Licence No AU 001799 © Government of Ireland. November 2011.
On the instructions of the receiver Paul McCann of Grant Thornton, 22-24 City Quay, Dublin 2, Ireland.
For further details please visit www.thealliance.ie
