Savills and Owen Reilly have today announced the sale of The Benson Building at 76 Sir John Rogerson’s Quay, Dublin on behalf of Targeted Investment Opportunities (TIO).
The property is situated in the heart of the Grand Canal Dock and comprises a premium residential development of 72 units, forming part of the wider TIO office scheme at 76 Sir John Rogerson’s Quay in the south docklands – currently being constructed by Bennett Construction.
The joint selling agents are guiding €52.5m for The Benson Building, which is due for completion in the first quarter of 2020. The rental value of the new block is estimated at €2.9 million, from 14 one-bedroom apartments, 43 two-bedroom homes and 15 three-bedroom units.
The 11-storey over basement building will offer 72 premium residential until finished to exacting standards, 2 ground floor commercial retail units, a private residents’ recreation room suitable for use as a gym or recreational space, a concierge foyer and secure underground parking for 72 cars.
