Egmont Place, Kanturk, Kanturk, Co. Cork, Y21YP8A

...... We has several social housing portfolios in Ireland, benefiting from a 25-year long-term lease available for purchase. The lease - 25 Years, State Backed (Ireland Credit Rating AA). The Local Authority is the lessee. - Receive 80 - 90% of Market Rent (passing rent), No breakclause - Rent follows the Harmonised Index of Consumer Prices (HICP) (reconciled every 3 years) - Tenant management is the responsibility of the Local Authority. - Maintenance requests through LA only (no tenant direct dialogue, other than access). - No responsibility for white goods or furniture. - On lease expiry, the asset reverts to the lessor (SPV) unless both parties agree to lease renew. Unit Type New-build apartments consisting of 9 apartments each. Individual houses for sale. All are leased and generating income. Happy to discuss portfolio size to suit your requirements. Give me a call to discuss this further. Kind regards Nathan