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€350,000
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73 Johnstown
Waterford
X91 XA3W
Description
TENANTS NOT AFFECTED
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Exciting investment opportunity now available in the heart of Waterford City Centre!
LOCATION
Johnstown is in an extremely prominent location, within walking distance to all amenities Waterford City has to offer. Tesco Poleberry, TK Max and Odeon Cinema are just c. 300m away, City Square Shopping Centre just c. 600m away and People’s Park just c. 800m away.
The property has is well connected with public transport lines, with one of the city’s most serviced bus stops situated just 300m away. All Bus Eireann Inner City Routes, as well as some Bus Eireann coach services and JK Kavanagh service this stop. Waterford Bus Station situated just c. 1.0km away and Plunkett Train Station just c. 1.5km away. It is situated within walking distance of City Square Shopping Centre, the Mall and The Quay.
PROPERTY DESCRIPTION
The property comprises of a mid-terrace unit across three floors, with commercial unit on the ground floor and 2x apartments across the upper two floors.
Commercial Unit:
Ground Floor: c. 51.8 sq. m
Occupied by Welcome Thai Massage
Entrance hall, reception/waiting room area, 3x treatment rooms, store/canteen and WC.
The commercial unit benefits from single glazed windows, electric storage heating throughout and CCTV system.
Apt. 1:
First Floor: c. 28.0 sq. m
Entrance hall, living/kitchen/diner area, 1x bedroom and 1x bathroom.
BER: TBC
BER NO.: TBC
Apt. 2:
Second Floor: c. 35.9 sq. m
Entrance hall, living/kitchen/dining area, 2x bedroom and 1x bathroom.
BER: TBC
BER NO.: TBC
The apartments are leased to Waterford City & County Council. Both apartments benefit from electric storage heating and double-glazed windows throughout and there is an emergency exit situated on the first floor of the building.
TITLE
The property is of freehold interest
TENANCY
All units are currently tenanted.
RENTAL INCOME
The property achieves a total rental income of €17,280 per annum.
Book your viewing today by registering on mySherryFitz.ie.
About the Area
Waterford (Irish: Port Láirge) is the oldest city in Ireland, situated at the head of Waterford Harbour, with a population of 46,732. The city is served by 21 primary schools and 9 secondary schools. River Suir, which flows through Waterford City, has provided a basis for the city's long maritime history. The M9 motorway, connects the city to Dublin. The N24 road connects the city to Limerick city. The N25 road connects the city to Cork city. The route continues eastwards to Rosslare Harbour. Bus services operate throughout the city centre and across the region. Waterford railway station is the only railway station in the county of Waterford.
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Help To Buy Scheme
The property might qualify for the Help to Buy Scheme. Click here to see our guide to this scheme.
First Home Scheme
The property might qualify for the First Home Scheme. Click here to see our guide to this scheme.
