Lot 2 - 41A Thomond Student Village, Old Cratloe Road, Limerick, V94 EK26
- Unconditional Online Auction Sale
- AMV : €100,000
Net Income for 2021/2022 is approximately €8,450.
Location
Thomond Village Development is located off the Old Cratloe Road, circa 5km north of Limerick City Centre, 1km from TUS (Limerick Institute of Technology) and Thomond Park Stadium. The Village offers a shuttle bus service to the college regularly throughout the day and there is a bus stop situated circa 500 metres from the complex servicing the city centre.
Description
For Sale By Online Auction on Thursday 27th October 2022
O'Connor Murphy bring to the market this spacious three bedroom first floor apartment extending to circa 70 sq.m located within Thomond Village Student Complex. The apartment offers bright and spacious layout comprising three bedrooms, two of which are en-suite, an open plan living dining and kitchen area as well as a main bathroom and storage closet. The apartment is accessed with a secure fob.
The apartment has a small balcony area which is accessed off the kitchen/ living room. Access to the first floor is via an internal staircase.
This is an ideal investment opportunity as the complex enjoys a superb location just a short distance from TUS (Limerick Institute of Technology).
Thomond Village, a purpose built student complex comprising circa 190 apartments in total, is well maintained throughout and offers a number of additional on site features such Staffed Reception Area, Communal Laundrette, Games Room, Shuttle bus to LIT as well as ample parking within the gated grounds and 24 hour onsite security.
We understand the complex operates under a Pooled Rental Scheme. We have been informed the Net Income for 2021/2022 is approximately €8,450.
Services:
Electric heating.
Securely gated complex.
Tenant not affected.
VAT
Please refer to the legal documents.
Joint Agent
O'Connor Murphy (Limerick)
Hibernian House,
Henry Street,
Limerick
BER No: 115529943
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