Crèche in Rathfarnham sells for €725,000 at auction

By Brendan Grehan

A RATHFARNHAM crèche sold for €725,000 in the latest Allsop online auction on Tuesday last (December 13). The Crèche on Loreto Abbey on Grange Road had a reserve of between €670,000 to €700,000.

At the moment the building is let to Giraffe Childcare and the rent is reserved at €70,000p.a.

The property is set within the Loreto Abbey residential development, which includes an impressive collection of former school/college buildings located on Grange Road.

The building was remodelled as part of the overall development on the grounds of Loreto Abbey and comprises a single storey stand-alone crèche facility.

A one-bedroom apartment in Clondalkin sold for €89,000. The apartment at Rath Gael in Deansrath had a reserve of between €75,000 to €85,000.

The property extends to approximately 44 sq m (473 sq ft).

Over in Park West, a warehouse unit sold for well over the reserve at €484,000. The warehouse on Beech Road in the Western Industrial Estate had a reserve of between €180,000 and €200,000.

The property is arranged over ground and part first floor to provide a warehouse unit. Internally the property comprises two-storey office accommodation to the front of the building with warehouse accommodation to the rear.

The Total floor area extending to approximately 994 sq m (10,699 sq ft).

A house in Knockmore Gardens in Tallaght sold for €128,000. The end-of-terrace three-bedroom house had a reserve of €80,000 to €90,000. Extending to approximately 82 sq m (887 sq ft).

The house has parking to the front and a charming garden to the rear.