1-5 New Wellington Terrace, Limerick City, Co. Limerick

Sherry FitzGerald are delighted to introduce to the market 1-5 New Wellington Terrace, O Connell Avenue, Limerick. An exceptional opportunity to acquire five attractive Edwardian terraced properties on one of Limerick City s most well-known and historic sites. Located on prestigious O Connell Avenue, this unique block is part of Limerick s rich architectural heritage and offers strong current income with significant future potential. Comprising 3 residential units (vacant possession/notice served) and 2 commercial units (both leased), the properties are set behind a generous front courtyard with 14 car parking spaces and benefit from high-profile frontage onto O Connell Avenue. The entire block is being sold as one lot. Superbly located just outside Limerick City Centre, within walking distance to Mary Immaculate College, People s Park, and a host of amenities, this is a rare opportunity to secure a high-performing asset with heritage value and redevelopment potential. Highlights: Landmark investment opportunity in a prime Limerick location Part of Limerick s Georgian Quarter and historic streetscape Total rental income of 137,744 per annum 3 residential units notice served to tenants 2 commercial units leases in place Good condition throughout Potential for change of use (subject to planning) 14 secure off-street car parking spaces Property Breakdown: 1 New Wellington Terrace: 3 storeys over basement commercial lease in place 2 New Wellington Terrace: Residential garden level flat with duplex above 3 New Wellington Terrace: Commercial lease in place 4 New Wellington Terrace: Residential 3-storey townhouse 5 New Wellington Terrace: Residential 3 self-contained flats