Owner left 43 homes empty for two years to avoid rent caps and sell for higher price

The owner of a residential block in south Dublin left a complex of 43 houses and apartments empty for two years in order to remove rent caps on the homes and sell them for a higher price to an investor.

Woodbine House, based on the Stillorgan Road, is a residential complex made up of 35 apartments and eight townhouses. Land registry records show it is owned by Nilands Limited. David Niland, who is also a ...

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Owner left 43 homes empty for two years to avoid rent caps and sell for higher priceThe owner of a residential block in south Dublin left a complex of 43 houses and apartments empty for two years in order to remove rent caps on the homes and sell them for a higher price to an investor.
Source: businessposthq - 🏆 8. / 71 Read more »

Owner left 43 homes empty for two years to avoid rent caps and sell for higher priceWoodbine House in south Dublin was listed for sale at €24 million with potential for rent of €1.47 million per year
Source: businessposthq - 🏆 8. / 71 Read more »