
69-71 Pembroke Road, Ballsbridge, Dublin 4D04HT97
€7,750,000
30 Bed~25 Bath~949 m²
What you'll like:
- Prime Dublin 4 address: The property is situated in the heart of Ballsbridge, ensuring exceptionally high long-term tenant demand and sustained capital appreciation for astute investors.
- Substantial land footprint: Spanning approximately 0.55 acres, the generous site provides unusual scale and future optionality in a highly supply-constrained capital location.
- Multi-unit rental portfolio: Comprising 25 self-contained residential units, the asset diversifies income risk across multiple tenants rather than relying on a single rental stream.
- Established revenue generation: The buildings currently produce a strong rental income, allowing incoming buyers to benefit from immediate cash flow upon completion.
- Additional parking revenue: On-site car parking generates a lucrative seventy-two thousand euros annually via a license agreement, enhancing overall portfolio yield significantly.
- Flexible acquisition lots: Available in three distinct lots, the structure offers tailored bidding flexibility for owner-occupiers, developers, or institutional portfolio buyers alike.
- Development upside potential: Lot two includes a distinct site area with obvious development potential subject to planning permission, creating clear avenues for value-add enhancement.
- Derelict mews structure: The inclusion of a derelict mews opening directly onto Pembroke Lane offers a prime footprint for creative redevelopment or independent access.
- Period architectural character: The pair of three-storey over garden level buildings showcase attractive brick-fronted period aesthetics that command strong market appeal and rental premiums.
- Diverse apartment mix: The configuration of 12 studios, 8 one-beds, and 5 two-beds caters effectively to varying tenant demographics across the local rental market.
- Exceptional pedestrian accessibility: Within a short stroll of vibrant Ballsbridge Village and Baggott Street, residents enjoy immediate access to premier dining, shopping, and social venues.
- Robust public transport: Excellent proximity to the Grand Canal Dock DART station and multiple bus routes ensures seamless commuting connectivity throughout the wider Dublin region.
- Airport connectivity convenience: Convenient access to the Air Coach service guarantees direct, hassle-free transportation routes straight to Dublin Airport for frequent international travellers.
- Proximity to major landmarks: Easy access to the Aviva Stadium, Merrion Square, St Stephen's Green, and Grafton Street anchors the location in a culturally vibrant hub.
- Significant rental upside: The existing income profile offers clear potential for rental growth through strategic asset management, unit modernization, and lease restructuring.
- South-facing rear aspect: The large south-facing site to the rear maximizes natural sunlight exposure, which is a highly desirable amenity for any future tenant or resident.
- Established commercial lane access: Pembroke Lane frontage provides valuable rear service access, facilitating construction logistics, waste management, or future mews development projects.
- High-density urban zoning: Situated within a designated residential conservation area, the established residential use is firmly supported by local municipal planning frameworks.
- Proven rental submarket: Ballsbridge remains one of Ireland's most sought-after rental districts, driven by nearby tech hubs, embassies, and professional corporate headquarters.
- Rare market offering: Properties of this magnitude and historical scale in Ballsbridge are rarely offered for sale, presenting a generational trophy acquisition opportunity.
But keep in mind:
- Tender sale deadline: The property is offered via a strict tender process closing on Wednesday 21st October 2026, requiring rigorous advance preparation and decisive funding.
- Exempt BER status: The lack of a formal Building Energy Rating certificate means buyers must independently assess thermal performance and potential upgrade costs.
- Extensive capital expenditure: Given the period nature and multi-unit setup, buyers should budget for substantial modernization and refurbishment costs across all 25 apartments.
- Conservation area restrictions: The Z2 residential neighborhood zoning imposes strict planning controls, potentially limiting exterior alterations, extensions, or radical architectural redesigns.
- Centralized heating limitations: The centralized oil-fired heating systems for each building may require costly modernization to meet modern energy efficiency and individual metering standards.
- Mews redevelopment risks: The derelict mews structure will require specialized remediation and structural surveys before any viable reconstruction planning application can proceed.
- Planning permission uncertainty: Any future development potential on the site or mews remains entirely subject to successful local authority planning permission approvals.
- Tenancy management complexity: Managing 25 distinct residential units involves intensive day-to-day operational oversight, maintenance coordination, and tenant relations administration.
- License agreement reliance: The seventy-two thousand euros annual parking income depends on an existing license agreement that requires careful legal review regarding continuity.
- High acquisition investment: An asking price of nearly eight million euros demands significant capital deployment, robust underwriting, and sophisticated financing structures.
- Tenant lease verification: Buyers must thoroughly audit all existing tenancy agreements, rent control compliance, and current occupancy rates during pre-acquisition due diligence.
- Fire safety compliance: Converting and maintaining period buildings into 25 separate residential units necessitates rigorous verification of current fire safety and building regulations.
- Sub-unit metering verification: Prospective purchasers should investigate whether individual electricity and utility meters are installed for each of the 25 individual apartments.
- Structural integrity assessment: Age-related wear and tear in period properties necessitates comprehensive structural surveys to identify hidden timber rot, damp, or roofing issues.
- Rent pressure zone limits: Applicable rent control regulations may restrict the speed and scale of potential rental income increases across the existing residential portfolio.
- Insurance cost exposure: Insuring a large portfolio of older, multi-occupied period buildings can involve elevated premium costs and stringent policy underwriting conditions.
- Complex lot structuring: Navigating the three separate sale lots requires precise legal structuring to avoid title ambiguities, boundary disputes, or easement complications.
- Vacant possession challenges: Achieving vacant possession across multiple units for redevelopment purposes could involve lengthy tenant communications and potential legal delays.
- Boundary and title review: Due to the age and layout of the site, meticulous legal due diligence is required to confirm exact property boundaries and shared access rights.
- Local infrastructural constraints: High-density urban settings in historic districts can occasionally present challenges regarding localized utility capacity upgrades and drainage connections.
Price positioning
?
- The asking price appears appropriately aligned because the multi-unit portfolio generates robust rental yields and includes substantial development land with separate lane access in a prime capital district.
- Signals supporting this valuation include extensive surface car parking revenues, twenty-five existing residential tenancies providing immediate income, and significant potential for future reconfiguration or expansion subject to planning consent.
- Factors that could undermine such a pricing level include potential conservation area restrictions affecting development plans, the capital expenditure required to upgrade numerous individual units, and broader commercial yield shifts.
- Additional relevance stems from the rarity of acquiring an entire period building pair on a large south-facing footprint in this prestigious postal code, offering strong institutional appeal and long-term capital preservation.
Build Analysis
What we know from similar construction types
- The property comprises a pair of three-storey over garden level period buildings divided into 25 self-contained residential units, which requires careful investigation into fire safety, soundproofing, and multi-unit compliance standards.
- The structures are located within a Z2 residential neighbourhood (conservation area), meaning any alterations, development of the rear site, or renovations to the derelict mews on Pembroke Lane will be subject to strict planning controls and conservation guidelines.
- A buyer should verify the structural integrity of the period fabric, the condition of the centralized oil-fired central heating systems, and the current status of planning permissions and rent compliance for all 25 residential units.
- The presence of a derelict mews opening onto Pembroke Lane offers potential for redevelopment, subject to obtaining proper planning permission.
Heating cost*
Estimated expense to heat this property every year
- Estimated annual heating cost: 15,000 euro to 25,000 euro.
- Explanation: The properties feature centralised oil-fired central heating systems spanning a total floor area of 949 square meters across 25 residential units, resulting in substantial energy demands subject to occupancy levels and fuel price fluctuations.
Pollution Safe
9/10Environmental situation to investigate
- The location appears generally free from heavy industrial pollution concerns, being situated in an established residential and commercial conservation area in central Dublin.
- Any historical or localized environmental concerns are typical of inner-urban districts and should be verified independently if specific site sensitivities are suspected.
Flood Safe
8/10Water overflow reports to follow up
- The address is located within an established urban setting in Dublin 4, at a distance from major coastal flood zones, though localized extreme weather pooling can occasionally occur in low-lying parts of the city.
- Prospective buyers should review official local authority flood maps to confirm specific site vulnerabilities regarding pluvial or fluvial flood risks.
Recent Local Sales
Verified residential transactions published in the previous five years
Sales on the same street or estate
No verified results were found for this group in the previous five years.
Recent sales in the wider Ballsbridge area
CLYDE MEWS, CLYDE LANE, BALLSBRIDGE DUBLIN 4
- Sale date
- Declared sale price
- €2,008,000.00
APT 113 CEDAR HOUSE, MESPIL ESTATE, DUBLIN 4
- Sale date
- Declared sale price
- €420,000.00
APT 234 THE WATERSIDE, CHARLOTTE QUAY, RINGSEND DUBLIN 4
- Sale date
- Declared sale price
- €245,000.00
84 MOREHAMPTON ROAD, DONNYBROOK, DUBLIN 4
- Sale date
- Declared sale price
- €1,800,000.00
THE MEWS, 92 UPPER LEESON ST, DUBLIN 4
- Sale date
- Declared sale price
- €2,150,000.00
Source: Property Services Regulatory Authority (PSRA), Residential Property Price Register (PPR).
Matching uses address information published by the PPR rather than measured map distance. It may omit nearby properties on differently named streets.
Last Sale
A confidently matched previous PPR transaction for this property
No confidently matched previous sale was found in the Property Price Register.
Buyer fees*
Associated expenses guide
- Stamp duty: approximately 1% to 7.5% of the purchase price depending on commercial or residential classification, with standard residential rates scaling up to 2% for values over 1 million euro and up to 7.5% for non-residential properties.
- Solicitor legal fees: estimated between 10,000 euro and 25,000 euro plus VAT and outlays, varying by complexity and conveyancing firm.
- Land registration fees: approximately 800 euro to 1,000 euro depending on property value and registration type.
- Property valuation fees: approximately 300 euro to 1,000 euro for a commercial or multi-unit valuation.
- Surveyor fees: approximately 3,000 euro to 7,000 euro given the large scale and commercial nature of the multi-unit buildings.
- Annual home insurance: approximately 5,000 euro to 12,000 euro per annum, requiring a specialized commercial or multi-unit landlord policy.
Forum Talk
What people are saying about this area
- Residents frequently discuss the exceptional convenience of living in Ballsbridge, highlighting the short walking distance to St Stephen's Green, Grafton Street, and local amenities on Baggott Street.
- Local forums note the excellent public transport infrastructure in the area, including frequent bus routes, the Aircoach to Dublin Airport, and nearby DART stations at Grand Canal Dock and Lansdowne Road.
- Community discussions often center around the architectural heritage of the neighbourhood, noting that properties fall within strict residential conservation zones aimed at protecting local character.
- Neighbourhood news occasionally highlights ongoing local development proposals and urban renewal projects, keeping residents engaged with changes in the immediate vicinity of Ballsbridge Village.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children2/10
This property comprises multi-unit investment buildings arranged as 25 residential units rather than a single family home, making it unsuited for young children.
- Teenagers2/10
The asset is structured entirely as an income-producing multi-family or investment portfolio rather than a standard family residence.
- Multi-generational Living3/10
While consisting of multiple independent units, the property is currently configured and operated as commercial investment stock rather than a cohesive multi-generational home.
- Single Buyers1/10
With an asking price of several million and a scale spanning 25 units, this opportunity is targeted at institutional or commercial investors rather than individual single home buyers.
- Couples1/10
The scale and commercial pricing profile of this entire multi-building portfolio are entirely unsuited for standard couple occupancy.
- Empty Nesters1/10
This is a large-scale commercial investment offering comprising dozens of rental units, not a lifestyle downsizing option.
- Retirees1/10
Management of a 25-unit residential investment property requires active portfolio oversight rather than serving as a standard retirement residence.
Work
3 areas- Remote Working7/10
Individual units could function for remote work, though the property's primary identity is as an income-generating multi-family investment asset.
- Hybrid Commuting9/10
Superbly connected with numerous bus routes, the DART at Lansdowne Road, and the Air Coach ensuring exceptional transit efficiency.
- Retired1/10
Operating a multi-unit tenement style investment with 25 tenancies is a commercial landlord endeavor rather than a passive retirement choice.
Practical
8 areas- Ageing in Place3/10
Comprising three-storey over garden level period buildings with multiple stairs and self-contained flats, it is not optimized for accessibility.
- Low Maintenance2/10
Managing a portfolio of 25 residential units across period structures requires substantial ongoing maintenance, regulatory compliance, and property management.
- Secure Gated Entry5/10
Features extensive car parking and a site layout, though security infrastructure for the multi-unit blocks should be verified.
- Minimalist Design3/10
The structures consist of brick-fronted period buildings rather than contemporary minimalist architecture.
- Flexible Floor Plans6/10
Divided into 12 studios, 8 one-beds, and 5 two-beds, offering diverse unit configurations, alongside development potential subject to planning permission.
- Heritage Home9/10
Comprises a pair of attractive three-storey over garden level period buildings located within a Z2 residential conservation area.
- Ecological Setup4/10
Operates on centralised oil-fired central heating systems for each building; energy efficiency upgrades may be needed given the period nature of the structures.
- Outdoor areas6/10
Benefits from a large south-facing site to the rear and an additional plot of approximately 0.16 acre, offering meaningful outdoor space potential.
Interests
9 areas- Gardening4/10
The property includes a large south-facing site to the rear and an additional plot with development potential, though it is primarily configured for hardstanding parking and buildings.
- Walking9/10
Extremely walkable location with Merrion Square, St Stephen's Green, and Grand Canal Dock all situated within easy access.
- Gym8/10
Being located in central Dublin 4 ensures close proximity to numerous high-end fitness facilities, health clubs, and boutique gyms.
- Cycling8/10
Flat terrain and central positioning allow for highly efficient cycle commuting into the city center and surrounding commercial districts.
- Golf6/10
Several established golf clubs in the wider Dublin region are accessible via transport links, though none are immediately adjacent.
- Fishing2/10
An intensely urban setting with no direct local freshwater fishing opportunities, though coastal waters are reachable.
- Horse Riding2/10
Inner-city Ballsbridge offers no local equestrian facilities or stables.
- Water Sports5/10
Proximity to Grand Canal Dock and Dublin Bay provides reasonable access to water-based activities and rowing clubs.
- Entertaining8/10
Surrounded by Ballsbridge and Baggott Street's vibrant array of premium restaurants, pubs, and entertainment venues.
Lifestyle
5 areas- Quiet Living4/10
Situated in a prime Dublin 4 location on a busy main artery with multiple tenancies and parking income, general ambient activity levels will be relatively high.
- Rural Living1/10
Located centrally in Ballsbridge, Dublin, this is an intensely urban and built-up environment with zero rural characteristics.
- Village Living7/10
The location benefits from close proximity to Ballsbridge Village and Baggott Street, offering local specialist shops, pubs, and restaurants within walking distance.
- Coastal Living3/10
While Dublin Bay is reasonably accessible to the east, this is strictly an urban residential and commercial investment location.
- Urban Living10/10
Positioned right in the heart of Ballsbridge with exceptional access to St Stephen's Green, Grafton Street, and Grand Canal Dock, offering premier city living dynamics.
Social
6 areas- Community Involvement5/10
Located in a Z2 residential conservation area with an established community feel, though the property itself functions as a transient rental investment.
- Café Culture9/10
Ballsbridge and nearby Baggott Street feature an exceptional concentration of high-end cafés and social dining spots.
- Nightlife8/10
Easy access to Ballsbridge pubs, hotels, and the wider nightlife of Dublin city center.
- Health/Wellness groups8/10
Abundant access to local pilates & stretching studios, wellness clinics, and fitness networks throughout Dublin 4.
- Networking Opportunities9/10
Ballsbridge and adjacent commercial hubs like Grand Canal Dock represent prime networking territory for business and tech professionals.
- Tech-Hub Connectivity10/10
Situated immediately adjacent to Dublin's primary commercial and tech districts, offering premier connectivity.
Listing information
- Agent
- Lisney Sotheby's International Realty Ballsbridge
- Phone
- 01 662 4511
- Published on HouseDelve
- 20 September 2026
- Correction
- Report an issue
HD-7C1112HouseDelve · Republic of Ireland* Estimate — not advice. Actual costs and outcomes can vary materially. Obtain current quotations and professional advice before making financial or property decisions.