The Knocklyon Portfolio, Clonmacken, Limerick


Other Sale Agreed

  Description

REA O`Connor Murphy are delighted to offer to the market this unique investment opportunity to acquire 8 x 2-bedroom apartments being sold in One Lot. Situated in one of Limerick`s most sought-after locations and developments. The units are spread out over the ground and first floor and are situated in different locations within the Knocklyon development. There is a current passing rental income of €66,900 per annum with an estimated rental income of €76,800 per annum. The guide price is €1,200,000.

Estimated Rental Income of the Portfolio: €76,800 per annum
Assumed Guide Price: €1,200,000
Gross Yield: 6.4%
Management Fee`s - To be Confirmed c. €1,000 per annum.

Best Bids Format: All information uploaded to dataroom for inspection. Please contact REA O`Connor Murphy for access (unless previously sold).

Expressions of Interest submitted in writing to REA O`Connor Murphy by 12 noon on Thursday 29th March 2018
Best & Final Bids submitted by contract to REA O`Connor Murphy by 12 noon on Thursday 05 April 2018.


  Accommodation

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.


  Viewing


  Features

  • Off street parking
  • Close to Town Centre
  • Close to All Essential Amenities