Avestus Capital Partners has completed the acquisition of a scheme of 43 Private Rented Sector (PRS) apartments located at The Brickworks, Portmarnock, North County Dublin. Lease up of the property commenced in early 2022 with full occupancy achieved within 8 weeks.
The Brickworks, comprising of a single u-shaped apartment block set around a common landscaped courtyard, is located in the popular suburban commuter town of Portmarnock, approximately 10km north east of Dublin City Centre. The locality is an attractive and affluent coastal town known for its leisure amenities and scenic seaside walking routes. The apartments, which are almost exclusively spacious 2-bedroom units, are designed to the highest standard, offering open plan living areas, large bedrooms and balconies. The Brickworks also benefits from close proximity to Portmarnock DART station, Dublin’s electric rail network which reaches the city centre in under thirty minutes.
