12/13 Castlecomer Rd, Kilkenny

€750,000 Energy Rating R95F598
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Features
Central Heating

Description

This property presents an investment opportunity on a exceptionally visible and busy location with immediate revenue potential. The ground floor is occupied by Ladbrokes bookmakers, providing a reliable income stream from an established customer base. Additionally, 2 X one-bedroom apartments on the first floor are already occupied by reliable tenants. The property underwent a complete Reconstruction in 2013, resulting in a modern efficient investment property. It is presented in immaculate condition with a premium fit out finish to the First Floor Apartments. Enjoying a prime location, the property is centrally situated near various amenities. It is steps away from St. Johns National School, Lenehans Pub, Áran Café, Kilkenny Medical Centre, Centra in Johns Green, the vibrant MacDonagh Junction Shopping Centre and the proposed new Tesco supermarket on the old Mart site. Kilkenny Castle Park and Kilkenny City centre is also a pleasant 5-minute walk away. This is an outstanding opportunity to invest in a ready-made revenue generating property in Kilkenny. With reliable tenants already in place and a strategic location, this property offers the potential for long-term financial success.

Accommodation

Features

  • Two story building with a bookmakers on the ground floor and two one-bedroom apartments on the upper levels.
  • The property was completely rebuilt and refurbished in 2013 to modern standards.
  • Tenants already in situ for both the bookmakers and apartments, providing a minimum current rent roll of approx. 44,000.
  • Strategic location ensures the property remains an attractive choice for potential tenants in the future.
  • A low-risk, high-return investment opportunity for investors seeking a reliable income stream.
  • Mains water drainage and sewage.
  • Gas fired central heating.

BER Details

BER: B2

Negotiator

Ciaran Dunphy
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Price Changes in Kilkenny
Property Price Register in Kilkenny
-€85,000 (-14.53%)
€585,000 €500,000
20th Nov 23
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DNG Ella Dunphy
DNG Ella Dunphy
Tel: 056 7...
PSRA Licence No. 003632

Date created: May 23, 2023

DNG Ella Dunphy
DNG Ella Dunphy
PSRA Licence No. 003632
Ciaran Dunphy
Call Agent: 056 7...