Avestus Capital Partners has completed the acquisition of a scheme of 65 Private Rented Sector (PRS) apartments located at Scholarstown Wood, Rathfarnham, Dublin 16. The acquisition was arranged under a forward purchase contract with full occupancy achieved within 3 months of lease up commencement.
Scholarstown Wood comprises of two separate apartment blocks set alongside common landscaped areas and lying within a larger landscaped residential housing scheme. The property is located approximately 10km south west of Dublin City Centre in the popular commuter suburb of Rathfarnham. The apartments at Scholarstown Wood are a successful addition to the growing and desirable mixed-use submarket on the southside of Dublin City. The apartments, of which over 80% are spacious 2-bedroom units, are designed to the highest standard, offering open plan living areas, large bedrooms, and balconies.
