*** TO BE SOLD AS ONE LOT ***
DNG Creedon auctioneers are proud to present a fantastic investment opportunity and bring to the market a building with 6 X 1 bed apartments. This property is located between Blackpool village and Cork City Centre. This property is located approximately 0.5 miles from Cork City Centre.
This building is being sold with the benefit of tenants in place. This fully let building is producing a rental income of over €30,500 per annum. Details below.
Apartment 1) Tenancy details to be confirmed
Apartment 2) €7200 per annum tenant in place since April 2016
Apartment 3) €5720 per annum tenant in place since July 2016
Apartment 4) €5720 per annum tenant in place since June 2014
Apartment 5) €5820 per annum tenant in place since August 2013
Apartment 6) €6000 per annum tenant in place since August 2015
This property has been finished to an exceptionally high standard. The communal areas in the hall are tiled. There is a yard to the rear to allow bin storage and general tenant storage. There is a communal washing room with a number of washing machines and dryers located off the communal garden area. The apartments are heated by electric storage heating. The apartments are all sub- metered which is located in the hall. The property appears to be fully fire complaint with a fire alarm, emergency lighting, smoke detectors, running man signs, fire doors and door closures.
All of the apartments have been finished to a very high standard with the building being recently renovated. The kitchens are a high gloss kitchen with tiled back-splash and tiled flooring. The bedrooms have timber flooring. The bathrooms are tiled floor to ceiling with an electric shower, toilet and ...