2 Smithgrove Terrace, Montenotte, Middle Glanmire Road, City Centre Nth, Cork City T23AC67
€650,000
Investment Property 2500 ft² / 232.26 m² For Sale
Description
Cork City Centre Investment opportunity for sale separately at €650,000 each or as as one lot at €1,950,000 with 3 & 4 Smithgrove Terrace
2 Smithgrove is a 1963 blocks of apartments/flats. The building has been 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.
Joint agency with Barry Auctioneers
Features
Ideal Cork City Centre Investment opportunity. 6 apartment units €60,780 in annual rent roll, approx. Yield of 9.4% Pre 1963 building in a PRIME residential location in suburbs of Montenotte. BER Certificates range from E-D1
BER Details
BER: D1
Directions
The property is 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.
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