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Cluain Cairn, Station Road , Carrigtwohill, Cork

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Cluain Cairn, Station Road , Carrigtwohill, Cork

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Property Type Investment Property
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Energy Rating BER-B3-C1
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Description

EXCELLENT DEVELOPMENT/ INVESTMENT OPPORTUNITY 12 NO. UNITS, 19 SITES & COMMON AREAS. ERA Downey McCarthy are delighted to present to the market this unique residential investment and development opportunity to acquire: - 12 no. units (Tenants unaffected) - 19 no. sites with FPP (TP 17/05315) - Common Areas. FEATURES Existing Rent Roll of €131,184 per annum Ready to go development site Services on site Excellent location Rail link to Cork City LOCATION Carrigtwohill is conveniently situated close to Cork City. The N25 connects with the city. The urban commuter rail service is immediately adjacent. Cluain Cairn is an exciting development located at Station Road, Carrigtwohill located only 10 minutes drive to the Jack Lynch Tunnel and 7 minutes from Midleton town. It is a small-scale development, incorporating semi-detached houses, town houses, ground floor apartments and duplexes. Carrigtwohill is well served with a variety of convenience stores, supermarket and hospitality options and has seen phenomenal growth in recent years. Major employers in the med tech sector are located nearby. The properties are being sold 'as is' in 3 Lots as follows: Lot 1: 12 no. units AMV: €1,750,000 Lot 2: 19 no. sites with FPP (TP 17/05315) AMV: € 750,000 Lot 3: The Entire AMV: €2,500,000 Lot 1 CONSISTS OF THE FOLLOWING PROPERTIES: Property Type Sq Ft Lease Start Lease End Monthly Rent BER 18 Cluain Cairn 2 bed ground floor apt 715 10/01/2017 10/01/2023 750 B3 20 Cluain Cairn 2 bed ground floor apt 715 14/05/2015 14/05/2019 785 B3 53 Cluain Cairn 3 bed end terrace 1,140 08/05/2015 08/05/2019 995 B3 58 Cluain Cairn 3 bed end terrace 1,140 25/08/2008 25/08/2020 900 B3 59 Cluain Cairn 3 bed mid terrace 1,140 01/04/2013 01/04/2023 935 B3 61 Cluain Cairn 3 bed end terrace 1,140 26/05/2017 26/05/2021 1125 B3 62 Cluain Cairn 3 bed semi detached 1,140 13/10/2008 13/10/2020 1000 B3 63 Cluain Cairn 3 bed semi detached 1,140 02/12/2016 01/12/2020 850 C1 64 Cluain Cairn 3 bed semi detached 1,140 11/05/2013 11/05/2023 985 B3 67 Cluain Cairn 3 bed semi detached 1,140 01/10/2010 01/01/2018 957 B3 72 Cluain Cairn 3 bed mid terrace 1,140 25/03/2014 25/03/2023 800 B3 74 Cluain Cairn 3 bed end terrace 1,140 01/07/2016 01/07/2020 850 B3 Accomodation Lot 1 No's 62,63,64,67 (3 bed semi detached extending to 1,140 sq.ft. (105.91 sqm). Ground Floor: Entrance hallway, open plan kitchen/dining area, sitting room and w.c. First Floor: 2 no. bedrooms and main bathroom. Second Floor: 1 no. master bedroom and en-suite bathroom. No's 53,58,61,74 (3 bed end terrace extending to 1,140 sq ft (105.91 sqm.) Ground Floor: Entrance hallway, open plan kitchen/dining area, sitting room and w.c. First Floor: 2 no. bedrooms and main bathroom. Second Floor: 1 no. master bedroom and en-suite bathroom. No's 59,72 (3 bed mid terrace extending to 1,140 sq ft (105.91 sqm.) Ground Floor: Entrance hallway, open plan kitchen/dining area, sitting room and w.c. First Floor: 2 no. bedrooms and main bathroom. Second Floor: 1 no. master bedroom and en-suite bathroom. No's 18 & 20 ( 2 bed ground floor apartment extending to 715 sq ft (66.43 sqm) Entrance hallway, open plan kitchen/dining area, 2 bedrooms and en-suite bathroom. Lot 2 consists of : 19 no. sites with FPP (TP 17/05315) on a site extending to c. 1.53 acres for the construction of: - 7 no. 2 bed mid terrace extending to 861 sq.ft. (80 sqm). - 10 no.3 bed end terrace extending to 968 sq.ft. (90 sqm). - 2 no. 3 bed semi detached extending to 968 sq.ft. ( 90 sqm) The proposed development will be accessed via the existing entrance to the Cluain Cairn residential development from Station Road.

BER Details

BER: B3 - C1

Description

EXCELLENT DEVELOPMENT/ INVESTMENT OPPORTUNITY 12 NO. UNITS, 19 SITES & COMMON AREAS. ERA Downey McCarthy are delighted to present to the market this unique residential investment and development opportunity to acquire: - 12 no. units (Tenants unaffected) - 19 no. sites with FPP (TP 17/05315) - Common Areas. FEATURES Existing Rent Roll of €131,184 per annum Ready to go development site Services on site Excellent location Rail link to Cork City LOCATION Carrigtwohill is conveniently situated close to Cork City. The N25 connects with the city. The urban commuter rail service is immediately adjacent. Cluain Cairn is an exciting development located at Station Road, Carrigtwohill located only 10 minutes drive to the Jack Lynch Tunnel and 7 minutes from Midleton town. It is a small-scale development, incorporating semi-detached houses, town houses, ground floor apartments and duplexes. Carrigtwohill is well served with a variety of convenience stores, supermarket and hospitality options and has seen phenomenal growth in recent years. Major employers in the med tech sector are located nearby. The properties are being sold 'as is' in 3 Lots as follows: Lot 1: 12 no. units AMV: €1,750,000 Lot 2: 19 no. sites with FPP (TP 17/05315) AMV: € 750,000 Lot 3: The Entire AMV: €2,500,000 Lot 1 CONSISTS OF THE FOLLOWING PROPERTIES: Property Type Sq Ft Lease Start Lease End Monthly Rent BER 18 Cluain Cairn 2 bed ground floor apt 715 10/01/2017 10/01/2023 750 B3 20 Cluain Cairn 2 bed ground floor apt 715 14/05/2015 14/05/2019 785 B3 53 Cluain Cairn 3 bed end terrace 1,140 08/05/2015 08/05/2019 995 B3 58 Cluain Cairn 3 bed end terrace 1,140 25/08/2008 25/08/2020 900 B3 59 Cluain Cairn 3 bed mid terrace 1,140 01/04/2013 01/04/2023 935 B3 61 Cluain Cairn 3 bed end terrace 1,140 26/05/2017 26/05/2021 1125 B3 62 Cluain Cairn 3 bed semi detached 1,140 13/10/2008 13/10/2020 1000 B3 63 Cluain Cairn 3 bed semi detached 1,140 02/12/2016 01/12/2020 850 C1 64 Cluain Cairn 3 bed semi detached 1,140 11/05/2013 11/05/2023 985 B3 67 Cluain Cairn 3 bed semi detached 1,140 01/10/2010 01/01/2018 957 B3 72 Cluain Cairn 3 bed mid terrace 1,140 25/03/2014 25/03/2023 800 B3 74 Cluain Cairn 3 bed end terrace 1,140 01/07/2016 01/07/2020 850 B3 Accomodation Lot 1 No's 62,63,64,67 (3 bed semi detached extending to 1,140 sq.ft. (105.91 sqm). Ground Floor: Entrance hallway, open plan kitchen/dining area, sitting room and w.c. First Floor: 2 no. bedrooms and main bathroom. Second Floor: 1 no. master bedroom and en-suite bathroom. No's 53,58,61,74 (3 bed end terrace extending to 1,140 sq ft (105.91 sqm.) Ground Floor: Entrance hallway, open plan kitchen/dining area, sitting room and w.c. First Floor: 2 no. bedrooms and main bathroom. Second Floor: 1 no. master bedroom and en-suite bathroom. No's 59,72 (3 bed mid terrace extending to 1,140 sq ft (105.91 sqm.) Ground Floor: Entrance hallway, open plan kitchen/dining area, sitting room and w.c. First Floor: 2 no. bedrooms and main bathroom. Second Floor: 1 no. master bedroom and en-suite bathroom. No's 18 & 20 ( 2 bed ground floor apartment extending to 715 sq ft (66.43 sqm) Entrance hallway, open plan kitchen/dining area, 2 bedrooms and en-suite bathroom. Lot 2 consists of : 19 no. sites with FPP (TP 17/05315) on a site extending to c. 1.53 acres for the construction of: - 7 no. 2 bed mid terrace extending to 861 sq.ft. (80 sqm). - 10 no.3 bed end terrace extending to 968 sq.ft. (90 sqm). - 2 no. 3 bed semi detached extending to 968 sq.ft. ( 90 sqm) The proposed development will be accessed via the existing entrance to the Cluain Cairn residential development from Station Road.

BER Details

BER: B3 - C1
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Price Changes in Carrigtwohill
Property Price Register in Carrigtwohill
Lands Cloneen, Carrigtwohill, Cork
-€110,000 (-34.38%)
€320,000 €210,000
1st Mar 24
EXEMPT
Lands Cloneen, Carrigtwohill, Cork
€130,000 (68.42%)
€190,000 €320,000
2nd Nov 23
EXEMPT
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ERA Downey McCarthy
ERA Downey McCarthy
Tel: 021 4...
PSRA Licence No. 002584

Date created: Jul 26, 2018

ERA Downey McCarthy
ERA Downey McCarthy
PSRA Licence No. 002584
Call Agent: 021 4...