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2,3 & 4 Smithgrove Terrace, Montenotte, Middle Glanmire Road, City Centre Nth, Cork City

Sale Agreed

D2

2,3 & 4 Smithgrove Terrace, Montenotte, Middle Glanmire Road
Sale Agreed
2,3 & 4 Smithgrove Terrace, Montenotte, Middle Glanmire Road 2,3 & 4 Smithgrove Terrace, Montenotte, Middle Glanmire Road 2,3 & 4 Smithgrove Terrace, Montenotte, Middle Glanmire Road 2,3 & 4 Smithgrove Terrace, Montenotte, Middle Glanmire Road 2,3 & 4 Smithgrove Terrace, Montenotte, Middle Glanmire Road
2,3 & 4 Smithgrove Terrace, Montenotte, Middle Glanmire Road 2,3 & 4 Smithgrove Terrace, Montenotte, Middle Glanmire Road 2,3 & 4 Smithgrove Terrace, Montenotte, Middle Glanmire Road 2,3 & 4 Smithgrove Terrace, Montenotte, Middle Glanmire Road 2,3 & 4 Smithgrove Terrace, Montenotte, Middle Glanmire Road 2,3 & 4 Smithgrove Terrace, Montenotte, Middle Glanmire Road 2,3 & 4 Smithgrove Terrace, Montenotte, Middle Glanmire Road 2,3 & 4 Smithgrove Terrace, Montenotte, Middle Glanmire Road

Description

Cork City Centre Investment opportunity for sale separately at €650,000 each or as one lot at €1,950,000

These are 3 individual pre 1963 blocks of apartments/flats. The 3 buildings are adjacent to each other and have been split into 18 individual apartments/flats with 6 units in each building. Designed for rental purposes, it is ideally located in a PRIME residential location in the suburb of Montenotte, on the north side of the city. This is one of Cork’s premier addresses.

The properties are situated off the Middle Glanmire Road, in a cul-de-sac, within a 10-minute walk to the city centre. This is a prime location, and an easy place to carry out renovation works as it is off the main road and has plenty of parking space and a garden to the front with views over Cork city. This is an ideal investment opportunity, in a great rental area, with potential to increase the rental income.

Joint Agency with Barry Auctioneers.

Features

Ideal Cork City Centre Investment opportunity.
18 separate apartment units spread across 3 terraced buildings.
€180,450 in annual rent roll, approx. Yield of 9.25%
All pre 1963 buildings in PRIME residential location in suburbs of Montenotte.
BER Certificates range fom E2-D1

BER Details

BER: D2

Accommodation

18 apartments across 3 buildings

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