|Property Type||Investment Property|
Property Partners Moore Larkin proudly present as joint selling agents St. Aloysius College, Deerpark Road, Athlone for sale by private tender. Located on the west side of Athlone town, just off Connaught Street and a five-minute walk from the town centre. St. Aloysius College was for over sixty years a centre for education excellence to Athlone and its surrounding hinterland. In 2017 St Aloysius College was amalgamated with St. Joseph's College, Summerhill to form the new Colé¡iste Chiaré¡in which is located at Summerhill, Athlone. Standing on an overall site measuring approximately 2.4ha / 5.9 acres this impressive campus is at present divided into three sections but with minimal effort it can be amalgamated again as one facility. The property is presently divided as follows; New School. The new school which was constructed in the mid to late 1980's comprises of a building measuring approximately 1,473sq.m / 15,828sq.ft in total and standing on a site measuring 1.54ha / 3.8 acres. This section of the property is being sold with vacant possession. Lyster House. Constructed in 1820, Lyster House is an impressive Georgian building which measures approximately 384sq.m / 4,126sq.ft in total. This was the original school building in the early years of St. Aloysius College prior to the new school and additional ancillary classrooms being constructed. Lyster House was extensively renovated in 2007 and this section of the campus stands on a site measuring 0.54ha / 1.33. This portion of the property is presently rented under licence agreement until June 2024 to a private language school. St. Peter's Sports Hall. St. Peter's Sports Hall consists of an impressive 1,009sq.m / 10,842sq.ft sports hall / gymnasium which stands on a site measuring approximately 0.37ha / 0.91 acres. This section of the property has its own access via Parnell Square and it can also be accessed from the new school section of the campus. Available with vacant possession. Further to the three mains buildings there is an additional 1,070sq.m / 11,498sq.ft of permanent built and prefabricated classrooms on site. The property is zoned for educational purposes under the existing Athlone Town Area development plan. While it is a readymade property for the ever-growing market in private educational and training, this property also holds great potential for a range of potential future uses. Also an ideal invest opportunity, the property is at presently partly rented with great potential to lease the presently unoccupied section of the property.
Date created: Jun 1, 2021