A prime investment opportunity with a six-figure annual return is being marketed by REA Grimes with an asking price of €2 million.

ocated in the heart of the village of Malahide on Dublin’s north coast, Kilronan House is home to eight businesses over two floors and generates a secure long-term income of €167,304 per year.

The net initial yield (NIY) of the investment is 7.69%.

From the main entrance on Church Road, a hardwood hallway leads to the Malahide Medical Center unit with reception and waiting room, office, four treatment rooms and a theater room.

The room also includes a kitchenette with sink, storage room, disabled WC with washbasin and WC.

To the left of the main entrance, the Chow Town take-out unit has its own access door, bench and bar with seating in the front and cooking facilities in the back.

The door to Gabor’s Barbers is on the right side of the main entrance, and the unit has laminate flooring, reception and lounge area, cloakroom and staff room , two toilets, one with washbasin.

Next door to Gabor’s is the street entrance to Tantastic tanning salon, which has a reception and lounge area with laminate flooring and access to four tanning booths.

The room also has a toilet with sink and storage room.

On the upper floor, the Tree of Life holistic center is located at the rear of the building and has a large reception and waiting room, four treatment rooms and/or offices and a large hall of events.

Nails by Martha overlooks Church Road at the front and has an open plan room with laminate flooring which is used as a nail salon.

In the third room upstairs, a podiatrist shares a waiting room, restroom and kitchenette with the teeth whitening company, Perfect White Smiles. The podiatrist has two treatment rooms and Perfect White Smiles has a treatment room and an office.

Kilronan House is serviced by DART and Dublin Bus, ensuring quick and easy access to and from the city centre.

Excellent road networks provide easy access to the M1/M50 motorways and Dublin Airport.

For further details or to arrange a viewing, please call Jim Gallagher at REA Grimes Clontarf on (01) 853 0630 or email [email protected]