Ropemaker Place in Dublin

Name: Sales in Ropemaker Place started!
Start: 2022-07-06T10:35:18.774066+00:00
End: 2023-12-31T23:59:59+0000
Location: Ropemaker Place

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Project info

Object ID: 20653

Finished at	April 2021
Price, m²	From 4300$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 36.00 m²
Floors	5
Apartments	56
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking 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

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

154,800$

Net profit

5,883$

Payback period

19.2 years

Avg property value increase per year

Open ROI calculator

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About the project

Set among the Silicon Docks, Ropemaker Place blends peaceful living with its surroundings. This 7-storey development, designed to retain elements of the warehouse feel and rich history of the local area, offers 56 high-end boutique apartments.

Located on the newly aligned Cardiff Lane, adjacent to Grand Canal Dock, residents will benefit from the host of amenities that surround this sought after locality. The immediate area is also host to a multitude of international headquarters and is set to attract attention from working professionals looking to avail of the ultimate work/life balance.

Ropemaker Place offer residents luxurious living and the convenience of everything on their doorstep. Plenty of open space and landscaped private courtyards have been designed in the heart of the grounds.

The development includes 1,2 and 3 bedroom fully furnished apartments together with a limited offering of duplex units and magnificent penthouses with views over Pearse Park and the docklands areas. The 1-bedroom units are approx. 56 sqm, the 2 bed units range between 81 sqm and 109 sqm, and the three bed units range between 111 sqm and 132 sqm. Each apartment was fitted out to a very high standard by Irish based interior design firm, Vardis Group, and have a private outdoor terrace or balcony.

Along with the 56 apartments, the development will also feature 2,000 sq ft of retail units, 28 basement car parking spaces and 116 secured bike parking spaces. Residents will be able to enjoy the large internal landscaped gardens.

Developer

Since the acquisition of the first site in 2014, Marlet has grown to become one of Ireland’s largest independently owned property developmen…
Details about Marlet