Apartment Refurbishments – Ormond Quay, Dublin
Background
- The Georgian building is located on the Quays just off Capel Street.
- 3 no 1 bedroom apartments.
- 4 no 2 bedroom apartments.
- 1 no 3 bedroom apartment.
The challenge
- Upgrading of apartments over 2 years.
- Improving living standards.
- Maximise rental income and enhance value of asset.
- Improve tenant mix.
Building Matters Solution
- Proposing a cost effective heating system.
- Integrating the use of secondary glazing on the front of building to reduce traffic noise
- Up grading of hot water controls.
- Installation of new floors.
- Painting and decorating throughout.
Results Achieved
- Improved comfort standards with new heating upgrade.
- Reduced electricity bills.
- 30-70% increase in rental revenue.
- Increased numbers of professionals as tenants.