Lot 108 - 30, The Courtyard Bru Na Gruadan, Castletroy, Limerick City, Co. Limerick, V94 WF9H

  • Unconditional Online Auction Sale
  • AMV : One Hundred and Eighty Thousand Euro

4 bed investment property

Location

Ideally situated less than two miles from Limerick City Centre and is within easy access of the University Of Limerick, Plassey National Technology Park, Northern Trust, Monaleen National School, Castletroy College, several shopping centres and retail parks, the Ballysimon Road, the Dublin Road and the Limerick Bypass Motorway- N7.

Description

REA Dooley Group bring to Auction this 4 bed mid terrace property located in Courtyard Student Village, Bru Na Gruadan, Castletroy. Limited to the investment market only being purpose built student accommodation and also in a rent pooled scheme.

Built in 2003, No. 30 is in great condition throughout and furnished suitably for students. The property benefits from 4 bedrooms and 4 shower rooms which meets student demands. There is a strong demand from students because of the properties vicinity to the University of Limerick and nearby amenities.

Property has many features including WIFI, multi channel T.V., gas fired central heating, pumped showers, secure keycard access to each bedroom for privacy, ample parking, good return on investment, on site maintenance team, on site reception staff, Security, CCTV monitoring to mention but a few.

PLEASE NOTE:

The property is currently let to students for the 2021-22 college year. The unit is being sold with the tenant in-situ

All maintenance and upkeep is taken care of by the on site management company, resulting in a hassle free, secure return with minimal investment of time.

All tenants are sourced through the management company at their own discretion.

Total Management fees for last year €4,258

Net rent received in the rent pooled scheme last year €15,933

Also the new owners cannot manage the property themselves they have to remain as part of the management company in its current format.

Viewings by appointment only.

Accommodation

Accommodation comprises of entrance hall, WC, open plan kitchen/living/dining area, 4 bedrooms and 4 shower rooms.

TOTAL FLOOR AREA: 91.000 SQ MTRS / 979.524 SQ FT

BER No: 101190122

Bidding not yet open
Minimum Opening Bid

€180,000


Bidding Opens On
22nd Oct 2021 14:00
Scheduled End Date

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