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Lot 1- Camden Court, Carrolls Quay, Cork City, Co. Cork


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€6,250,000
Other

REFERENCE
491696

SIZE
3,430 (sqm)


Description
Sale Agreed. On instruction of Statutory Receiver- Brendan O'Donoghue of Russell Brennan Keane Coldwell Banker - Carlton Estates are delighted to offer this prime city centre multi-family investment opportunity to the market. Strategically located this property boosts an impressive existing rent roll which will offer investors a substantial yield. The complex is well maintained and has been tenanted at a 96%occupancy rate throughout 2016/2017. All units are currently rented to the private rented sector and attract professional tenants given the complex proximity to Cork City Centre, South Mall, One Albert Quay, UCC, the Mercy Hospital as well as Blackpool Retail Park. Lot 1 offers investors the opportunity to acquire 49 apartments plus 1 retail unit. Current Passing Rental Income- 556,581pa Potential to substantially increase rental income through refurbishment and strategic asset management All viewings are strictly by appointment only with Sole Agents: Coldwell Banker- Carlton Estates Contact: Pat Falvey 021-4278500
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Location
COUNTY
Cork
CITY/TOWN
Cork City Centre
ADDRESS
Lot 1- Camden Court, Carrolls Quay, Cork City, Co. Cork
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 Contact Office: Coldwell Banker
Coldwell Banker
55 South Mall
Contact: Pat Falvey
Phone:+353 (0) 21 4278500

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