Case Study: €700,000 Bridging Loan for Residential Investment Acquisition in South Dublin (Copy)

The Opportunity

A repeat Onate client secured an residential investment opportunity in Dublin 16, at a purchase price of €975,000. With strong rental prospects and a self-contained rear unit offering additional yield potential, the asset was well aligned with the client’s income-generating strategy.

The Challenge

To secure the property, the promoter needed to move quickly. They reached out directly to Onate’s Lending Director, and terms were issued within 24 hours. The deal required efficient execution within four weeks — a timeline outside the scope of conventional lenders.

The Solution

Onate provided a bespoke 12-month bridging facility of €700,000, representing 72% LTV against the purchase price. The facility was structured with a 1-month interest retention and a minimum interest period of 3 months. Working closely with legal and valuation partners, Onate completed the transaction within the 4-week window, enabling the client to proceed without delay.

Key Terms

• Loan Amount: €700,000

• Term: 12 months

• LTV: 72%

• Exit Strategy: Refinance

The Result
After acquisition, the main residence was rented, and light refurbishment was completed on the rear unit, which was then also let. With both units income-producing, the borrower successfully refinanced with a long-term lender prior to the 12-month term expiring — repaying Onate in full and ahead of schedule.

To find out more, contact Onate now:

John Ring | john@onate.com 087 8305276

Michael Gavin | michael@onate.com 085 1454200

Niall Hurson | niall@onate.com 083 8000227