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IrelandLimerickCastletroyThe Park Retirement Village, Castletroy, Limerick

POA

The Park Retirement Village, Castletroy, Limerick

Energy RatingInvestment Property
Eircode: V94FD39
#2 of 6 Properties Viewed in Castletroy
JLL
JLL
Tel: 01 673 1600
PSRA Licence No. 002273
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Description

SALE AGREED - Fordmount Developments Limited (In Receivership) Freehold Investment in 119 retirement properties producing an annual rental income of c€1.25 million per annum of which c.€690k equates to net operating income at The Park Retirement Village, Castletroy, Co Limerick.

Features

Freehold investment of 119 units (tenants unaffected) Mix of 1 & 2-bedroom apartments and 30 no. 2-bedroom houses Overall development consists of 138 units Site area 2.2 ha (5.44 acres) Rental income FY2018* (119 units) c.€1.25 million Net Operating Income FY2018* (119 units) c.€0.69 million Disposal by way of asset sale (apartments and houses) plus share purchase (100% share capital in operating company)

BER Details

BER: C2 BER No.107438913 Energy Performance Indicator:179.71 kWh/m²/yr

Directions

Property occupies a high profile position off the Dublin Road, located opposite University of Limerick and adjacent to Castletroy Park Hotel. All amenities nearby including public transport.

Viewing Details

For further information, please contact gary.watson@eu.jll.com fiachra.sudway@eu.jll.com

Documents

Price Changes in Castletroy
Property Price Register in Castletroy
Main image for Plassey Enterprise Centre, Castletroy, Limerick
-€200,000(-20.00%)
€1,000,000€800,000
C1
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