Ireland World Investments ( IWI) acquire Sheaf House for under €3m for private clients

(11 Sep 2013)

Ireland World Investments ( IWI) has acquired Sheaf House, Block 3 , The Exchange, Tallaght, Dublin 24 for private clients for under €3m. Richard Coffey and Ronan Killeen  Managing Partners at Ireland World Investments (IWI) are both delighted to secure the property where it is believed there was more than seven bidders. Sheaf House  was put on the market by Kelly Walsh estate agents for €2,800,000 (Two Million EightHundred Thousand Euro), subject to contract and exclusive of VAT.

Sheaf House is currently let to the South Western Area Health Board. The building is fully let under the terms of this lease for a term of 25 years from September 2003 with no break options with lease expiry in 2028. Sheaf House is currently producing €254,641 per annum

Sheaf House is situated within a mixed use development know as The Exchange. It adjoins the main entrance to Tallaght Hospital and is just north of The Square Shopping Centre. The property was constructed circa 2002/2003. The office park comprises multiple detached offices and apartment blocks of various sizes sited within landscaped areas along with two lower levels basement car park areas.

The building is conveniently located within easy access to the M50, N7 and N81. Access to the LUAS Red line service is available adjacent to the property.

Sheaf House comprises a three storey detached office. The majority of the ground floor is in third party ownership. The asset comprises the entire first and second floor of the building together with entrance lobby, stairwell and lift access on the ground floor. 

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  • 28-32 Upper Pembroke Street,
  • Dublin 2,
  • Ireland

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