Home Copley Court, Cork City Centre PBSA Opportunity

Copley Court, Cork City Centre PBSA Opportunity

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Description

Copley Court was built in 2005 and has been extensively refurbished to modern PBSA standards. It comprises two 5-storey buildings. The Steelworks consists of 147 beds, completely refurbished in 2016, with a further upgrade in the summer of 2019. Marsh's Yard was fully refurbished in 2019 and consists of 118 beds. The asset comprises a dedicated reception and concierge areas, 24/7 security, launderette, gym and common areas including a games room, clubhouse and courtyard. There is a basement car park with 81 parking spaces and extensive bike parking on site. All bedrooms are en-suite and have a fitted wardrobe and shelving, shared kitchen and living areas in cluster apartments, high-speed internet and private study areas. The apartment mix includes 2- to 7-bedroom units, catering to a range of student preferences and maximising rental flexibility. The asset is professionally managed.

Features

High quality PBSA asset with 265 en-suite beds
Situated immediately adjacent to the planned Cork University Business site
Effectively full occupancy secured for AY 25/26
Forecast NOI of approx. 2.5m+ for 2025/26
Significant summer income providing secure year-round revenue
Top tier student city with approx. 28,000 full time students
Planning granted to increase number of beds by 112
Unrivalled public transport connectivity
Benefitting from Fitwel 3-star and preliminary BREAAM in-use Excellent rating
Unique provision of 81 basement car parking spaces

Directions

Copley Court is ideally positioned on Copley Street in Cork City Centre, situated adjacent to key educational institutions including University College Cork, Cork School of Music and Cork College of Commerce. Additionally, it is set to benefit from the planned development of Cork University Business School which is expected to accommodate up to 4,000 students. Copley Court is situated adjacent to the historic CBD of Cork, benefitting from its range of businesses and retail offerings. The property is located within easy reach of Kent Train Station, which provides frequent services to Dublin, Limerick and Waterford and beyond, in addition to commuter services to Cobh, Midleton and Mallow. Cork Airport is 6.5km south of Cork City and is Ireland's second largest international airport, after Dublin.

Negotiator

Kevin McMahon
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Property Services
Find Property Conveyancing Solicitors, BER Assessors, Pre-Purchase Surveyors and Land Registry Surveyors competing for your business.
Savills Commercial Investments
Tel: 01 61...
PSRA No. 002233
Negotiator: Kevin McMahon

Date created: Sep 9, 2025

Savills Commercial Investments
Savills Commercial Investments
PSRA Licence No. 002233
Kevin McMahon
Kevin McMahon
Tel: +353 ...
Director
Call Agent: 01 61...