Lot
71

11 Apartments at Fishermans Quay, Grove Island, Limerick City

RESERVE RANGE €900,000 - €950,000

BIDDING HAS CLOSED
Sold for €925,000
Bid History 1
Bidder Amount Date
Bidder 5896 €925,000 05/07/2017 11:49:29
Allsop Contact
Patrick McCormack
patrick.mccormack@allsopireland.ie
+353 (0)1 637 5553
Vendor Solicitor
Niamh O'Grady
nogrady@mhc.ie

Messrs Mason Hayes & Curran Solicitors

Tel: +353 1 614 5000.

Enquire
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Details
Property Summary
  • Multi-unit investment.
  • Portfolio of 11 x two bedroom apartments.
  • Ranging in size from 74 sq. m - 83 sq. m (796 sq. ft - 893 sq. ft).
  • To be offered collectively as one lot.
  • City centre location.
  • Fully occupied with a total current rent reserved of €92,760 per annum.
Location
  • Limerick is located in the south west of Ireland approximately 180km from Dublin.
  • Grove Island is located at the junction of Corbally Road & Pa Healy Road approximately 1km to the east of the city centre.
  • Amenities in the area Limerick School of Art & Design, Thomond Park, Barringtons Hospital, The Hunt Museum and a hist of retail opportunities in the city centre.
  • Transport links in the area include a number of bus routes and Colbert station is 3km from the subject properties.
Description
  • Portfolio of 11 x two bedroom apartments.
  • Comprised within a block arranged over ground and four upper floors.
  • Ranging in size from 74 sq. m - 83 sq. m (796 sq. ft - 893 sq. ft).
  • To be offered collectively as one lot.
VAT Please refer to the legal documents.
Accommodation & Tenancies

The properties were not internally inspected or measured by Allsop. The information was provided by the Vendor. We are informed that the properties provide:

Unit no. Accommodation Size sq. m Size sq. ft Current rent reserved
No. 16 Two bedroom accommodation  78 sq. m   839 sq. ft €8,580 p.a.
No. 17 Two bedroom accommodation  74 sq. m   796 sq. ft €8,400 p.a.
No. 19 Two bedroom accommodation  76 sq. m  818 sq. ft €8,400 p.a.
No. 20 Two bedroom accommodation  83 sq. m  893 sq. ft €10,500 p.a.
No. 21 Two bedroom accommodation  74 sq. m 796 sq. ft €8,400 p.a.
No. 22 Two bedroom accommodation  76 sq. m  818 sq. ft €7,800 p.a.
No. 24 Two bedroom accommodation  76 sq. m  818 sq. ft €7,800 p.a.
No. 25 Two bedroom accommodation   74 sq. m   796 sq. ft €8,400 p.a.
No. 26 Two bedroom accommodation  77 sq. m  828 sq. ft €8,100 p.a.
No. 50 Two bedroom accommodation  76 sq. m  818 sq. ft €7,800 p.a.
No. 58 Two bedroom accommodation   76 sq. m   818 sq. ft €8,580 p.a.
      Total €92,760 p.a.
Energy Performance Indicator

181.95 kWh/m²/yr - 212.19 kWh/m²/yr



No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of Allsop or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of Allsop or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of Allsop or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of Allsop or the vendor shall not give rise to any right of action, claim, entitlement or compensation against Allsop or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of Allsop or the vendor.