Heridan Crescent, Dooradoyle Road, Dooradoyle, Co. Limerick
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Heridan Crescent, Dooradoyle Road, Dooradoyle, Co. Limerick

€3,750,000

SALE AGREED

40 Bed

32 Bath

Apartment

Description

  • Sale Type: For Sale by Private Treaty
PRS Investment Opportunity - For Sale by Private Treaty - Tenants Not Affected Heridan Crescent is a private residential scheme located in Dooradoyle. Doordaoyle is a popular residential suburb located southwest of Limerick City off the R526. The area is well serviced and is within walking distance to the University Hospital Limerick, Crescent Shopping Centre and Raheen Business Park. The scheme is located just 4.3km from Raheen Business Park with occupants including; Regeneron, Stryker, Analog Devices and Rahi Technologies. Limerick City Centre is located within 4.4km from Heridan Crescent. The entire development comprises 8 two-bedroom apartments and 8 three-bedroom duplexes situated within two blocks, constructed in circa 2008 to an exceptional high standard. All units are fully furnished and let producing a rental income of €252,300 per annum. This sale comprises 16 apartments; 8 x two-bedroom units (700 sq. ft. - 724 sq.ft. ) and 8 x three-bedroom units (1,144 sq.ft. - 1,425 sq.ft.). 19 no. surface car parking spaces available on site. Sixteen Contemporary 2 Bedroom and 3 Bedroom Apartments/ Duplexes for Sale in a Single Lot. Fully Occupied producing a Passing Rent of €252,300. Convenient Location Close to the University Hospital Limerick, Crescent Shopping Centre and Raheen Business Park. High quality finishes to all units Net Initial Yield: 6.5%. Guide: €3,750,000. BER Range: BER: B2 / BER: B3 / BER: C1
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Property Features

  • The entire development comprises 8 x two bedroom apartments and 8 x three bedroom duplexes situated within two blocks, constructed in circa 2008 to an
  • All units are fully furnished and let producing a rental income of '¬252,300 per annum.
  • The sale comprises 16 apartments: 8 x two-bedroom units (700 Sq. Ft. - 724 Sq. Ft.) and 8 x three-bedroom units (1,144 Sq. Ft. - 1,425 Sq. Ft.)
  • 19 no. surface car parking spaces available on site.
  • High quality finishes to all units
  • BER Range: BER: B2 / BER: B3 / BER: C1

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BER Details

B2

Statistics

16/01/2023

Entered/Renewed

20,806

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Daft ID: 17861313

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Geoffrey de Courcy Residential Director

SALE AGREED
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