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24 Mallow Street

Price on Application For Sale 776 sqm approx

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Carlton Apartments , Henry Street

Price on Application - For Sale|

Prime Multi Family Investment

For Sale by Private TreatyTenants not Affected

Excellent opportunity to acquire a modern residential development in the heart of Limerick City Centre.The property comprises of the residential element of a mixed use development known as The Carlton.Total of 67 Units in one block  – 31 Two Bed Apartments & 36 One Bed ApartmentsApartments range in size from 48.2  sq m – 69.7 sq m and are all finished to a high specification throughout.Currently producing  €586,800 per annum. 100% occupiedLimerick City has seen large y-oy residential rent increases.Availability of rental accommodation within Munster is at its lowest since 2006 ( Source Daft.ie)Potential to reposition through active asset management and increase income.Considering the very limited supply, both rents and capital values are forecast to continue to strengthen throughout 2016.Offers sought in excess of €9.5 millionTenants not affected

BER D1 Rating