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Major Development planned for the Airport

Dublin Airport Authority (DAA) is planning a major new business development at the airport. The authority is planning to develop a 20-acre site beside Terminal 2, and is aiming it at the high-tech sector.

The authority has engaged KCAP to lead a consortium of consultants including Bannon Commercial to come up with a masterplan for the entire site.

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€3.9M for Side-By-Side Drive-Through Eateries

McDonald’s and KFC located beside Charlestown Shopping Centre in Dublin

In one of the most unusual investment sales this year, two drive-through restaurants are to be offered for sale beside Charlestown Shopping Centre in Dublin 11.
Joint agents CBRE and Bannon are seeking €3,950,000 for the newly-constructed food outlets which will give investors an initial return of 7 per cent.

The restaurants, rented by McDonald’s and KFC, are well positioned directly adjacent to a new 13,935sq m (150,000sq ft) nine-screen Odeon Cinema and Leisureplex which are scheduled to open next Spring.

75 Morehampton Road, Donnybrook, Dublin 4

Agent Bannon is seeking in excess of €2.4 million for the attractive store developed especially for Boots at Morehampton Road in Donnybrook which will give the new owner a return of over 7.5 per cent.

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Rathgar Investment

A private investor has paid €3.4m for the AIB occupied investment in the heart of Rathgar Village with a passing rent of €275,100 per annum.

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€3.5m for landmark Lafayette Building

The Lafayette Building, one of Dublin’s best known privately owned structures is coming to the market through Bannon with a quoting price of €3.5m.

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Warrenstown House makes over €800,000

Warrenstown House the former Health Service Executive residential care facility and school in Blanchardstown, has been sold by agents Bannon for a figure believed to be in excess of €800,000.