CAPEL STREET
The property located at 37 & 38 Capel St, Dublin 1 was acquired in September 2017. The property consists of 11 apartments over 2 retail units at ground and basement level.
All 11 Apartments have been completely refurbished, and the rental income is now €300K.
Planning Permission was obtained for a Restaurant/ Cafe/Bar on the 285 square meter ground floor and 185 square meter basement, and the promoters are currently working to enable this development to proceed.
A double coupon was paid to investors in 2019