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Abbey House
Abbey Street
Cahir
Co. Tipperary
E21 K354
Description
Abbey House presents a rare opportunity to acquire a substantial, fully self-contained residential complex in one of South Tipperary's most historic and picturesque towns. Occupying a prominent position on Abbey Street, just a short stroll from Cahir town centre, this secure gated complex enjoys an enviable setting overlooking the historic streetscape, with views towards the renowned Cahir Castle.
The property comprises a well-maintained complex of 13 self-contained apartments, consisting of 10 one-bedroom apartments and 3 two-bedroom apartments, together with a dedicated on-site administration office. The entire development is enclosed by attractive natural stone boundary walls and accessed via automated security gates, providing both privacy and peace of mind for residents.
A programme of renovation and improvement works has been undertaken over the past two years, enhancing the overall standard of the development and presenting an excellent opportunity for an investor or operator seeking a ready-to-let residential scheme.
A particular feature of Abbey House is that all apartments are currently vacant, allowing a purchaser complete flexibility to establish new tenancy agreements, implement a phased letting strategy, or reposition the asset to maximise its income potential from the outset.
The development further benefits from private on-site parking, an increasingly valuable amenity in a central town location.
Cahir is one of County Tipperary's most sought-after heritage towns, offering an excellent range of amenities including shops, cafés, restaurants, schools and sporting facilities, while benefiting from outstanding connectivity via the M8 motorway, providing convenient access to Cork, Limerick, Kilkenny and Dublin.
Combining a prime town-centre location, secure gated setting, established apartment layout and immediate letting potential, Abbey House represents an exceptional investment opportunity with significant long-term income and capital growth prospects.
Features
13 self-contained apartments
Dedicated on-site administration office
Private resident parking
Enclosed by stone boundary walls
Renovation and improvement works completed in recent years
All apartments vacant and ready for immediate occupation
Walking distance to Cahir town centre
Overlooking Abbey Street with close proximity to Cahir Castle
Excellent investment opportunity with immediate income potential
About the Area
Cahir (Irish: an Chathair / Cathair Dún Iascaigh) is a small heritage town in South Tipperary. The town is best known for its castle and the Swiss Cottage. It is in the barony of Iffa and Offa West. The M8, was constructed west of the town between 2006 and 2008. Access to Cahir from this motorway is gained at Junctions 10 and 11. Cahir is on the Limerick–Waterford regional railway line. There are two trains a day to Tipperary and Limerick Junction and two to Clonmel, Carrick on Suir and Waterford. There is no Sunday service. Bus Éireann runs regular services to Dublin, Cork, Limerick and Waterford through the town.
Cahir Castle, which is situated on a small island in the River Suir, is the town's main tourist attraction. The nearby Galtee Mountains form the largest inland range in Ireland and are home to Glengarra Wood, which is a popular walking area. The Knockmealdown Mountains stand south of the town, while to the southwest lie the Mitchelstown Caves. The salmon weir, on the opposite side of the bridge from the castle, is a popular location to fish. A shopping precinct is centred around the town square adjacent to Castle Street. The town has a leisure centre (Duneske), an all-weather soccer pitch, all weather tennis courts, a Downhill mountain-biking track and a GAA pitch. An 18 hole Golf course lies a few kilometres outside the town.
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