Apartments 1,2 & 3, 33 Grattan Hill, Lower Glanmire Road, Tivoli, Co. Cork

€200,000 SALE AGREED
Apartment for sale | 3 Beds | 3 Baths
  • Overview
  • Map View
  • Other properties in this area


Property Overview:

  • For Sale by Private Treaty

Sale agreed date: 13 December 2017

Property Description:

DNG Creedon auctioneers are delighted to present to the market this superb investment opportunity in a Cork City Centre. This building comprises of 3 X 1 bedroom apartments in a self contained block. The property is split over 3 floors, with one apartment on each floor, each separately metered.

All apartments are occupied and the property is being sold with the tenants in situ. Currently the property is producing a rental income of €20,904 per annum / €1,742 per month, with equates to a net yield of 10.4%. Tenancy details below :-

Currently rented at €546 per month / €6,552 per annum
Tenant in situ since 2013

Currently rented at €650 per month / €7,800 per annum
Tenant in situ since 2017

Currently rented at €546 per month / €6,552 per annum
Tenant in situ since 2013

Other benefits of this investment include PVC double glazing throughout and zero management charges.

Grattan Hill is located only 10 minutes' walk from Cork Kent train station and a further 5 minutes' walk to Cork City Centre. This is an ideal investment opportunity.

To arrange a viewing contact our offices on 021 489 7300.

DNG Michael Creedon, for themselves and for the vendors or lessors of the property whose Agents they are, give notice that: (i) The particulars contained herein are set out as a general outline for the guidance of intending purchasers or tenants, and do not constitute any part of an offer or contract and are not in any way legally binding. (ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) No person in the employment of DNG Michael Creedon has any authority to make or give representation or warranty whatever in relation to this development. (iv) The particulars contained herein are confidential and are given on the strict understanding that all negotiations shall be conducted through DNG Michael Creedon. (v) DNG Michael Creedon disclaims all liability and responsibility for any direct and/or indirect loss or damage which may be suffered by any recipient through relying on any particular contained in or omitted from the aforementioned particulars.


  • In excess of 1,602 sq.ft / 148 sq.m in size
  • Net yield of 10.4%
  • PVC double glazing throughout
  • Being sold with the benefit of tenants
  • Split over 3 levels & separately metered
  • Fully rented with a current rent of €20,904 per annum / €1,742 per month
  • Zero complex management fees
  • 3 X 1 bedroom apartments in a self contained block
  • Superb investment opportunity in a superb city centre location

Daft Property Shortcode:

Date Entered/Renewed:

13/12/2017 (yesterday morning)

Property Views:

Show on Map


Map Satellite Streetview
loading Loading Properties

Map Legend:

Exact Location Match Exact location match


Apartments 1,2 & 3, 33 Grattan Hill, Lower Glanmire Road, Tivoli, Co. Cork

Distance to City Centre:

0.4 km (0.2 miles), 5 minute walk

Public transport routes that service Tivoli:

  • Bus: 11

Street view

Residential Property Price Register - Sold in this area

Apt 5 Block 1 , Tivoli Woods, Silversprings, Tivoli, Co. Cork €190,000 | 10/11/17 | Second-Hand Dwelling House/Apartment SOLD
135 Silversprings Lawn, Tivoli, Co. Cork €230,000 | 28/09/17 | Semi-Detached House | 3 Bedrooms | 1 Bathroom SOLD
3 Cois Coille, Lower Woodhill, Tivoli, Co. Cork €255,000 | 14/09/17 | Apartment For Sale | 2 Bedrooms | 2 Bathrooms SOLD
1, Tivoli, Co. Cork €127,000 | 04/08/17 | Second-Hand Dwelling House/Apartment SOLD
153 Silversprings Lawn, Tivoli, Co. Cork €212,000 | 29/07/17 | Semi-Detached House | 3 Bedrooms | 2 Bathrooms SOLD

View All

Buying information

The stamp duty figure is based on the current applicable rates of stamp duty and may not take into consideration all relevant factors required in calculating an accurate charge. While we endeavour to keep this information up-to-date, we make no representation or warranty of any kind, express or implied, about the accuracy or reliability of this information.

None of the information contained in this information box should be construed as financial advice and you should always seek independent financial advice as individual circumstances may vary. Any reliance you place on the information contained in the information box is therefore strictly at your own risk. In no event shall we be liable for any loss or damage including without limitation, indirect or consequential loss or damage.

Find out more about Stamp Duty

Glenn O'Connor Photo
This property is sale agreed

Sending Reply
This property is sale agreed
This property is sale agreed
Phone Between Hours: 9am - 5.30pm

Buying Information

Stamp Duty: €2,000
Important information
Share on:
Viewing 1 of 20 photos
Apartments 1,2 & 3, 33 Grattan Hill, Lower Glanmire Road, Tivoli, Co. Cork