+1
5
14 Parnell Place, Cork City, Co. Cork, T12A6CV
€1,950,000
1033 m²
Investment Property
Property Overview
- Available From: Immediately
Description
- Sale Type: For Sale by Private Treaty
- Overall Floor Area: 1033 m²
The subject property comprises a three storey landmark period building which extends to approximately 1,033 sqm (11,118 sq ft). The property has dual frontage onto Parnell Place and Oliver Plunkett Street Lower. The ground floor is occupied by Sano Pizza and the first and second floors are occupied by Erin School of English World Limited. The property is currently producing a gross rental income of €190,000 per annum exclusive, increasing to €205,000 in 2027 due to the fixed rental increase in the Erin School of English World Limited lease.
100% occupancy (Tenants not affected)
Current rental income €190,000, increasing to €205,000 in 2027
WAULT to Expiry 8.3 years
WAULT to Break 3.7 years
Net Initial Yield (NIY) 8.86%
Map
Map
Local AreaNEW
Learn more about what this area has to offer.
School Name | Distance | Pupils | |||
|---|---|---|---|---|---|
| School Name | St Kevin's School | Distance | 600m | Pupils | 13 |
| School Name | Cork Educate Together National School | Distance | 810m | Pupils | 206 |
| School Name | St Luke's Montenotte | Distance | 940m | Pupils | 88 |
School Name | Distance | Pupils | |||
|---|---|---|---|---|---|
| School Name | North Presentation Primary School | Distance | 990m | Pupils | 299 |
| School Name | St Maries Of The Isle | Distance | 1.0km | Pupils | 301 |
| School Name | Bunscoil Chriost Ri | Distance | 1.1km | Pupils | 461 |
| School Name | Blarney Street Cbs | Distance | 1.1km | Pupils | 249 |
| School Name | Scoil Aisling | Distance | 1.2km | Pupils | 36 |
| School Name | St Vincent's National School | Distance | 1.2km | Pupils | 234 |
| School Name | Greenmount Monastery National School | Distance | 1.2km | Pupils | 231 |
School Name | Distance | Pupils | |||
|---|---|---|---|---|---|
| School Name | Cork College Of Commerce | Distance | 370m | Pupils | 27 |
| School Name | Scoil Mhuire | Distance | 410m | Pupils | 438 |
| School Name | Coláiste Daibhéid | Distance | 480m | Pupils | 218 |
School Name | Distance | Pupils | |||
|---|---|---|---|---|---|
| School Name | St. Angela's College | Distance | 530m | Pupils | 607 |
| School Name | Christian Brothers College | Distance | 560m | Pupils | 908 |
| School Name | Coláiste Chríost Rí | Distance | 1.0km | Pupils | 503 |
| School Name | Coláiste Éamann Rís | Distance | 1.1km | Pupils | 608 |
| School Name | St. Aloysius School | Distance | 1.1km | Pupils | 315 |
| School Name | St Vincent's Secondary School | Distance | 1.2km | Pupils | 237 |
| School Name | Ashton School | Distance | 1.2km | Pupils | 544 |
Type | Distance | Stop | Route | Destination | Provider | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Type | Bus | Distance | 40m | Stop | Parnell Place | Route | 231 | Destination | Ardgroom, Stop 637501 | Provider | Harrington's Ardgroom |
| Type | Bus | Distance | 40m | Stop | Parnell Place | Route | 231 | Destination | Parnell Place | Provider | Harrington's Ardgroom |
| Type | Bus | Distance | 100m | Stop | Parnell Place | Route | 225 | Destination | Kent Train Station | Provider | Bus Éireann |
Type | Distance | Stop | Route | Destination | Provider | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Type | Bus | Distance | 100m | Stop | Parnell Place | Route | 226 | Destination | Kent Train Station | Provider | Bus Éireann |
| Type | Bus | Distance | 100m | Stop | Clontarf St | Route | 212 | Destination | Mahon | Provider | Bus Éireann |
| Type | Bus | Distance | 100m | Stop | Clontarf St | Route | 226 | Destination | Kinsale | Provider | Bus Éireann |
| Type | Bus | Distance | 100m | Stop | Clontarf St | Route | 225 | Destination | Haulbowline (nmci) | Provider | Bus Éireann |
| Type | Bus | Distance | 100m | Stop | Parnell Place | Route | 235 | Destination | Rylane Via Cloghroe | Provider | Bus Éireann |
| Type | Bus | Distance | 100m | Stop | Parnell Place | Route | 40 | Destination | Waterford | Provider | Bus Éireann |
| Type | Bus | Distance | 100m | Stop | Parnell Place | Route | 233 | Destination | Cork | Provider | Bus Éireann |
BER Details
Statistics
26/04/2024
Entered/Renewed
3,633
Property Views
Daft ID: 518439795
Johnny McKenna
021 427 5079