Property Summary
25/06/2026 - 12:00
PRIME INVESTMENT OPPORTUNITY - TWO DETACHED OFFICE BLOCKS BEING OFFERED COLLECTIVELY
Unit 4 & 9 Ballybrit Business Park For Sale By Auction - 25th June 2026.
-Passing Rent of €267,000 P.A with vacant ground floor unit.
-Gross Yield of 13.6%.
DESCRIPTION
Block 4 is a modern 3-storey detached office building. The building offers good quality open plan modern office accommodation. Centred around a central stair cone with a lift serving all floors. Each of the tenants have fitted the space to their own requirements (including bespoke lab space) and has the benefit of electric heating and natural ventilation. Gross Internal Area of 1,102 square metres.
Block 9 is a modern detached 3-storey office building, divided in three open plan units. The units are centred around a central stair cone with a lift servicing all floors. Both tenants have fitted the space to their own requirements. The property benefits from electronic heating and natural ventilation on the ground and first floor. The tenant on the second floor has installed their own air-conditioning system for heating and cooling. Gross Internal Area of 1,087 square metres.
LOCATION
Strategically located in Ballybrit Business Park, blocks 4 and 9 offer great access to major road networks, including the M6 motorway connecting Galway to Dublin.
The property offers ample on-site parking on the outskirts of Galway city centre, ensuring convenient access for employees and clients. Ballybrit Business Park is the landmark home of IT/Med-Tech giants Boston Scientific, Johnson & Johnson and Hewlett Packard, along with some of Galway’s
largest home-grown companies.
TENANCY INFORMATION
Block 4 is fully let across three leases with one tenant per floor. All leases commenced between January and December 2022, with a total passing rent of approx. €140,000 per annum. All tenants operate in the med-tech/IT sector.
Block 9 is a modern detached 3-storey office building, divided in three open plan units. The units are centred around a central stair cone with a lift servicing all floors.
The block is fully let across three floors. Two leases commenced between March and December 2023, with terms recently being signed for the ground floor unit. Block 9 has a current total passing rent of €127,000 per annum.
Full particulars are available from Shane McDonagh of O'Donnellan & Joyce.
AUCTION PROCESS
Pre-Registration Required in Order to Bid – By Phone or Online. Please familiarize yourself with the Auction Process prior to bidding.
Please note the following:
€5,000 bidder security fee must be paid in advance to bid on the day (if unsuccessful this is fully refunded to you) If you are successful, you are immediately contracted on the drop of the hammer and the non-refundable balance of 10% must be paid immediately.
Phone and Online bidding service available you must pre-register to bid prior to Auction Day - you can register on our website under the auction tab at top of the homepage.
Register for legals on our website under the auction tab at top of the homepage (please note all legals may not be available for download until closer to the auction date - once you have registered you will receive an alert when they do become available). We always advise potential purchasers to have their solicitor review legals prior to bidding.
NOTE: These particulars are not to be considered a formal offer. They are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract, nor to be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, neither O’Donnellan & Joyce Auctioneers nor the vendor accept any liability as to their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars. No person in the employment of O’Donnellan & Joyce Auctioneers has any authority to make or give any representation or warranty whatever in relation to this property.