Unit K8, Maynooth Business Campus in Co Kildare
Unit K8, Maynooth Business Campus in Co Kildare
A generous yielding office investment in Maynooth, Co Kildare has come to the market and Sherry FitzGerald Brady O’Flaherty, is guiding €4m for it. The entire building is let to two blue chip international companies, on two 10-year leases from Q3 2022 and is generating a current combined annual rent of €356,608, which equates to a gross yield of 8.9pc.
Developed by Montane, a Ray Grehan company, the office building extends to 17,294 sqft (1,607 sqm) over two floors and was completely refurbished to a very high energy efficient standard in 2022.
Unit K8, Maynooth Business Campus in Co Kildare
It comes with 28 surface car parking spaces. Unit K8 occupies a prime high-profile corner site on the campus which is positioned about two kilometres south of Maynooth town centre at Junction 7 on the M4 motorway. Maynooth rail station is two kilometres away.
Eamon O’Flaherty, who is handling the sale, says the campus hosts a number of multinational employers including Sentenial, Schneider Electric, Tokyo Electron, and Jungheinrich as well as Irish home builder Glenveagh.
Maynooth is a vibrant university town with a current population of over 17,000. It has experienced strong growth both in terms of residential and commercial development and is regarded as a sought-after residential location.
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