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€5,600,000

26 Units at Tir Na gCapall, Old Monivea Rd, Ballybrit, Co. Galway

Investment Property

Property Overview

  • Available From: Immediately

Description

  • Sale Type: For Sale by Private Treaty
Sale by Private Treaty Location: Online Residential Multi-Family investment fully let at a Gross Initial Yield of 7.3% Tir Na gCapall comprises of three modern residential apartment blocks situated on generous grounds. The investment opportunity for sale includes 26 apartments within this development, comprising the entire of Block C, with 18 apartments plus 8 apartments of Block B. All 26 units have 3 en suite bedrooms and a balcony / patio area off the kitchen. The units extend to 56 sq m (603 sq ft) each.  The property further benefits from high speed broad band throughout. Tir Na gCapall is located approximatley 5km north east of Galway City Centre in Ballybrit, just opposite Briarhill Shopping Centre, adjacent to the east is the Clayton Hotel and backing on to the galway race course.  The development is accessed from Monivea Road with easy connection to the N6 connecting Galway to Athlone and further to Dublin. The area offers a variety of amenities including Briarhill Shopping Centre, Lidl within waling distance and excellent public transport links to Galway City. BlockUnit NoTypeArea sq ftRent p/mAnnual RentBlock B93 bed           603 â‚¬        1,350 â‚¬            16,200 103 bed           603 â‚¬        1,350 â‚¬            16,200 113 bed           603 â‚¬        1,350 â‚¬            16,200 123 bed           603 â‚¬        1,350 â‚¬            16,200 133 bed           603 â‚¬        1,425 â‚¬            17,100 143 bed           603 â‚¬        1,350 â‚¬            16,200 153 bed           603 â‚¬        1,250 â‚¬            15,000 163 bed           603 â‚¬        1,250 â‚¬            15,000Block C263 bed           603 â‚¬        1,250 â‚¬            15,000 273 bed           603 â‚¬        1,250 â‚¬            15,000 283 bed           603 â‚¬        1,350 â‚¬            16,200 293 bed           603 â‚¬        1,250 â‚¬            15,000 303 bed           603 â‚¬        1,350 â‚¬            16,200 313 bed           603 â‚¬        1,350 â‚¬            16,200 323 bed           603 â‚¬        1,350 â‚¬            16,200 333 bed           603 â‚¬        1,250 â‚¬            15,000 343 bed           603 â‚¬        1,350 â‚¬            16,200 353 bed           603 â‚¬        1,250 â‚¬            15,000 363 bed           603 â‚¬        1,250 â‚¬            15,000 373 bed           603 â‚¬        1,350 â‚¬            16,200 383 bed           603 â‚¬        1,350 â‚¬            16,200 393 bed           603 â‚¬        1,250 â‚¬            15,000 403 bed           603 Vacant  Vacant  413 bed           603 â‚¬        1,250 â‚¬            15,000 423 bed           603 â‚¬        1,350 â‚¬            16,200 433 bed           603 â‚¬        1,350 â‚¬            16,200Total26 Units          15,672 â‚¬      32,825 â‚¬         393,900 Ref: 910000081

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BER Details

C2

BER No: 0

Statistics

28/11/2021

Entered/Renewed

1,548

Property Views

Daft ID: 56330554

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