For Sale by Private Treaty
Overall Floor Area:
An impressive 5 bed apartment situated on the 1st floor of Grove Island Student Complex at Corbally, Limerick opposite St Mary’s Rugby pitch. The apartment comprises of 108sqm and includes
Entrance Hallway, Open plan kitchen dining and living area. Fully fitted kitchen includes all appliances integrated oven and hob and fridge freezer. Uniquely, this apartment has 5 bathrooms (each bedroom having its own ensuite) making it particularly attractive in the wider student rental market. There is one double bedroom and 4 single bedrooms; each room being fullly fitted out with student desks and appropriate shelving / storage.
The apartment is not suitable for owner occupier purchase and is an ideal ‘hands off’ investment property which operates in a pooled system managed by the Grove Island Student village. The rental return for the 2019 calendar year was 10,625 and 10,125 for 2018. The apartment currently offers a NET return of just over 7%.
The property is superbly located, a short distance from Limerick School of Art and Design, Limerick city Centre and the University of Limerick.
- Tel: 061 446066
- Property: For Sale
- County: Co. Limerick
- Eircode: V94 AT20
- Bed: 5
- Bath: 5
- Address: Apartment 30, Grove Island Student Village, Grove Island, Corbally, Limerick City Suburbs
October 17, 2020 9:58 pm
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