2 weeks Ago
A former bed and breakfast in Rathmines, Dublin 6, together with three mews houses have been sold for their combined €3.6m guide price to a residential accommodation provider. Located at 132 Rathmines Road Lower, the main property is a three-storey over-basement mid-terrace Georgian residential building that had traded as Rathmines Lodge bed and breakfast up until the Covid pandemic.
It extends to 3,250 sqft, or about 300 sqm in size, and comprises 14 bedrooms, a common kitchen, store rooms, bathrooms and shower rooms. To the rear of the property are three four-bedroom townhouses located at Observatory Lane close to Leinster Cricket Club. The combined properties provided 24 bedrooms split between the 12 bedrooms in the pre-1963 guesthouse building and the four-bedroom townhouses.
Joint selling agents were Robert Colleran and Young’s Estate Agents. The properties are located in the heart of Rathmines directly opposite Lidl and close to St Mary’s secondary school and Cathal Brugha army barracks. Three mews houses at Observatory Lane, Rathmines, Dublin 6 It is believed that the purchaser has contracts to provide accommodation to Dublin City Council.
Rathmines area has a tradition of providing apartments and bedsits for the rental market extending back for decades. This arose mainly from the conversion of the large residential houses in response to demand for rental accommodation from public servants as the Irish Government expanded its bureaucracy following independence. The area is conveniently located within walking distance of many offices and number 132 is 1.
5 kilometers to the immediate south of Dublin city centre and St Stephen’s Green..
