12 North Mall
The building is located on the North Mall in Cork city centre overlooking the River Lee. It is within a 5 minute walk from Cork City Centres prime street, Saint Patrick’s Street. It is located to the west of Popes quay and Shandon Streets intersection and is adjacent to the Franciscan Well Restaurant.
Description:
The property comprises the following:
Front of the property
1x one bedroom apartment on ground floor
2x two bedroom apartments on 1st floor
2x two bedroom apartments on 2nd floor
Rear extension:
3 x two bedroom apartments on the ground 1st and 2nd floors
There is a concrete staircase in the centre of the building. There is full planning permission and also a fire certificate.
Services:
Mains electricity, water and sewage
Joint agency with Barry's Auctioneers
Property Highlights:
• Ideal Cork City Centre Investment opportunity.
• A modern building block with 5 two-bed apartments and 1 one-bed apartment.
• €76,000 in annual rent roll, with an approx. 8.4% yield.
• Building located on the outskirts of the city centre making it a PRIME residential area.
BER: Exempt