Description
Accommodation
BER Details
Negotiator
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Beds | |
Price | €1,100,000 |
Property Type | Investment Property |
Size | 424 meters2 |
Energy Rating | BER-Exempt |
Refreshed on | Apr 30, 2025 |
Eircode | T23 RX99 |
Group Name | Sherry FitzGerald Commercial |
Sales License Number | 001628 |
Description
PRIME RESIDENTIAL INVESTMENT OPPORTUNITY 4 Sidney Place, Wellington Road, Cork Tenants not affected INVESTMENT HIGHLIGHTS • Prime City Centre investment in the heart of the Cork City's Victorian Quarter • Substantial mid-terrace period property comprising 5 no. two bed apartments and 1 no. one bed apartment. • Vibrant location surrounded by numerous retail and hospitality amenities and cultural landmarks. • Well serviced by public transport and good road networks. • Fully occupied and producing an income of 89,532 per annum • Extends to approx. 424.20sq m (4,556.50 sq ft) THE OPPORTUNITY The property is situated in the heart of Cork city centre and occupies a prime position on Wellington Road and adjacent to Scoil Mhuire school. The surrounding area is known as the Victorian Quarter, a vibrant district synonymous with Corks rich heritage and historical charm. The VQ which is predominantly centred around MacCurtain Street is well served with a wide variety of shops, an eclectic mix of cafes, restaurants and bars, art galleries, theatres to include the Everyman Theatre along with hotels to include The Metropole Hotel, The Moxy and The Dean Cork. There are a number of well known secondary schools within the vicinity including Christian Brothers College, Hewitt College, St. Angelas College and Bruce College. Corks main retail thoroughfare St. Patrick's Street is situated approximately 500m to the south. This property is highly accessible with convenient access to public transport options including Cork Bus Station, Cork Kent railway station and TFI Bike stations. The subject property comprises a three bay, three storey over basement mid-terrace building, extending to approximately 424.20sq m (4,556.50 sq ft). The property is laid out. 6 no. apartments comprising 5 no. two bedroom apartments and 1 no. 1 bedroom apartment. The apartments are generally finished internally with painted walls, timber and tile floor and retain features including decorative cornicing and ceiling roses. The main access to the property is off Wellington Road with a separate access to the basement level and the apartments are accessed internally via a shared core. The property is listed on the Record of protected Structures under Ref. No. PS782 and on the National Inventory of Architectural Heritage under Ref: 20512557. FURTHER INFORMATION Method of Sale The property is for sale by Private Treaty Price Offers are sought in excess of 995,000 exclusive Title Long leasehold Viewings Strictly by appointment with sole selling agent Sherry FitzGerald Commercial Solicitor Orbitus Group, Penrose Wharf Business Centre, Alfred Street, Cork BER Exempt
Accommodation
BER Details
Exempt
Negotiator
Amanda Isherwood
Date created: Apr 30, 2025