Lot 4 - 2 Grove Island Student Village, Corbally Road, Corbally, Limerick
- Unconditional Online Auction Sale
- AMV : €145,000
FOR SALE VIA YOUBID.IE ONLINE AUCTION ON THURSDAY, 21ST JULY 2022.
Description
O'Connor Murphy introduce to the market an extremely attractive investment opportunity to purchase a property with a solid annual income. This spacious four bedroom property is located within a secure student development of Grove Island, just a short distance from Limerick School of Art and Design and within walking distance of City Centre and canal walk to Limerick University. No. 2 boasts a fully furnished four bedroom, ground floor apartment with an exceptional layout. The apartment has a workstation/study area provided in each individual bedroom, all of the bedrooms have en-suites, and an open plan kitchen/dining/living area. Secure access to each property and fob access to each individual bedroom. Excellent occupancy levels and an on-site management company. This property will appeal to any investor looking for a good return on their investment.
Accommodation briefly comprises: Entrance Hall, Open Plan Kitchen/Living/Dining area, four single bedrooms all of which are en-sutie.
Grove Island Student Village is operating at 100% occupancy levels with waiting list for the upcoming academic year.
Pooled Rental Scheme. We have been informed the income for the academic year AY2021/2022 was €16,920 gross (€4,230 per room). Net income in the region of €8,920.
Please Note: the annual rental amounts are provided as a guide only. O'Connor Murphy cannot be held responsible for any subsequent variation that may arise in the returns received by property owners.
VAT
Please refer to the legal pack.
Joint Agent
O'Connor Murphy (Limerick)
Hibernian House,
Henry Street,
Limerick
BER No: 100250430
No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of Youbid.ie or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of Youbid.ie or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of Youbid.ie or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of Youbid.ie or the vendor shall not give rise to any right of action, claim, entitlement or compensation against Youbid.ie or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of Youbid.ie or the vendor.
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