Home Ireland Galway Ballybane 8 Glasan, Ballybane, Co. Galway

8 Glasan, Ballybane, Co. Galway

€220,000 Energy Rating H91 N73C 3 beds3 baths87.4 m2
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Student Accomm

Description

FOR SALE BY PRIVATE TREATY - INVESTMENT OPPORTUNITY O Donnellan & Joyce are delighted to present to the market a three bedroom Maisonette on the East side of Galway City at Glasan, Ballybane. The development is purpose built student complex of houses, apartments and 6 commercial units to accommodate students and summer holiday lettings. Located adjacent to the ATU College. Being offered solely as an investment property. Fully managed development with on-site management company. Annual NET income of €13,828 per annum. Fully managed with year round rental income. Amenities include 24 Hour security, shops, a restaurant and on site launderette. Only 2 miles from Galway City centre, on main route into city. Property investments don’t get any better. No. 8 Glas�n is presented in good condition and the accommodation on the ground floor is comprised of an entrance hallway with a a large kitchen/dining room and guest bathroom. The accommodation on the first floor comprises of two single bedrooms and a main bathroom. Following on to the second floor there is a large en suite twin room with two bed spaces. All the bedrooms have built in wardrobes, study desks and shelving.It is located directly across the road from ATU and completely accessible with bus services in and out of the city centre daily. The estate is also found within moments of a host of retail and industrial parks, as well as Merlin Park Hospital and the Galway Clinic. This property would prove to be ideal investment property due to its excellent rental potential. Viewing is highly recommended and guaranteed not to disappoint.Keep up to-date with NEW PROPERTIES by registering your details on our database For Further details please contact our office on 091-564212 OFFICE OPENING HOURS - MON TO FRI 9AM TO 5:30PMProperties can be viewed on our website www.odj.ie NOTE: These particulars are not to be considered a formal offer. They are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract, nor to be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, neither O’Donnellan & Joyce Auctioneers nor the vendor accept any liability as to their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars. No person in the employment of O’Donnellan & Joyce Auctioneers has any authority to make or give any representation or warranty whatever in relation to this property.

Accommodation

Features

� NET Income approx. €13, 828 per annum (based on 23/24 figures) after all deductions & management fees. � Purpose built student accommodation � Built in wardrobes, study desks and shelving � Electric storage heating � Adjacent to ATU & Merlin Park � Secure gated complex with 24 hour security � Management Co: M&C Management Co � Within easy access of Galway City � Serviced by an excellent bus network system

BER Details

BER: C3 BER No: 101103844 Performance Indicator: 211.74

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Negotiator

Shane McDonagh
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€25,000 (11.90%)
€210,000 €235,000
31st Oct 24
C2
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O'Donnellan & Joyce Auctioneers Ltd
O'Donnellan & Joyce Auctioneers Ltd
Tel: 091 5...
PSRA Licence No. 001955

Date created: Sep 18, 2024

Shane McDonagh
Shane McDonagh
Tel: 091 5...
Call Agent: 091 5...