Spencer Place Residential in Dublin

Name: Sales in Spencer Place Residential started!
Start: 2022-07-08T10:07:53.121978+00:00
End: 2023-12-31T23:59:59+0000
Location: Spencer Place Residential

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Project info

Object ID: 20684

Finished at	December 2022
Price, m²	From 4200$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	7
Apartments	403
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking 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

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

168,000$

Net profit

5,883$

Payback period

20.8 years

Avg property value increase per year

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About the project

Drawing on over 40 years of urban design, Ronan Group is delivering Dublin’s first purpose-designed build to rent and co-living scheme.

Spencer Place Residential signals a new chapter for city living with 339 apartments and 64 co-living units that will offer residents more opportunities to embrace a better lifestyle with top class facilities including a 24-hour concierge, gym, cinema, and top floor communal areas with views over the city.

Located in the heart of the Dublin docklands and surrounded by Luas, Dart and Dublin Bus services, residents will enjoy this reimagined waterfront destination adjoining Salesforce’s vibrant new urban campus, also developed by Ronan Group.

Developer

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