Glass Bottle in Dublin

Name: Sales in Glass Bottle started!
Start: 2022-07-08T10:42:18.224884+00:00
End: 2023-12-31T23:59:59+0000
Location: Glass Bottle

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Project info

Object ID: 20686

Finished at	December 2023
Price, m²	From 4200$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 42.00 m²
Floors	25
Apartments	3800
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Underground parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

176,400$

Net profit

6,783$

Payback period

19.5 years

Avg property value increase per year

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About the project

Commanding a prime coastal position within Dublin city, Ronan Group and Oaktree are set to reimagine the 37-acre former Irish Glass Bottle site as a new sustainable urban neighbourhood with more than 3,800 apartments, 1 million square feet of commercial space, vibrant community amenities, schools, parks and open space.

The Irish Glass Bottle site offers the largest single mixed-use development opportunity in Dublin city, equivalent in size to the entire South Docklands. Working with Oaktree, Lioncor and NAMA, the overall vision for the site will be realised, supplying quality new homes to meet demand in the Dublin market.

Building on our successes with Spencer Dock in Dublin 1 and Battersea Power Station in London, our ambition is to transform the former brownfield lands into a vibrant, integrated urban neighbourhood within walking distance of Dublin city centre; a new city quarter at Dublin Bay.

Developer

Extraordinary outcomes require bold vision and strength of conviction. We continually challenge ourselves to transcend the ordinary; to brin…
Details about Ronan Group