INVESTMENT PROPERTY/RE-DEVELOPMENT OPPORTUNITY
INVESTMENT PROPERTY CURRENTLY PRODUCING AN INCOME IN THE REGION OF €18,600 PER ANNUM FROM FOUR RESIDENTIAL UNITS.
OBVIOUS DEVELOPMENT POTENTIAL AS A RE-DEVELOPMENT SITE (SUBJECT TO PLANNING PERMISSION).
ENTIRE SITE OF APPROX. 0.29 ACRE.
There is obvious re-development potential on this site subject to necessary planning permission.
Investment property currently producing an income of approx. €18,600 per annum from four residential units. The four residential units comprise of four 2 bedroomed apartments complete with open-plan living/kitchen/dining areas and shower rooms. The property has an internal yard.
The property is situated at Cross Road, Thomomdgate, Limerick. The property is situated at the junction to Cross Road and New Road in Thomondgate. (V94 D922).
These Particulars and Terms are issued by Rooney Auctioneers (Limerick) Limited on the agreed understanding that all negotiations in respect of the property mentioned, are and will be conducted through them. Whilst every care has been taken in preparing these Particulars and Terms of the said property, Rooney Auctioneers (Limerick) Limited do not warrant these Particulars and Terms or any representations made by them about the property and all intending purchasers/lessees should satisfy themselves as to the correctness and/or accuracy of the information given. Rooney Auctioneers (Limerick) Limited shall further not be liable for any loss or expenses, which may be incurred in visiting the property, should it prove unsuitable or to have been let, sold or withdrawn.