Saint Lua's, Iona Drive, North Circular Road, Co. Limerick, V94AE19
€2,500,000
- Estimated Stamp Duty:€80,000
- Selling Type:By Private Treaty
About this property
Highlights
- Prime residential investment portfolio
- 7 luxury apartments
- Recently refurbished to a high specification
- Prestigious and established city location
- Fully let, producing a combined rental income of c. €210,000 per annum
Description
HPS Real Estate are delighted to present this high-quality residential investment portfolio comprising Units 1, 2, 3, 5, 6, 9 & 10, St. Lua’s Apartments, ideally located on Iona Drive, just off the North Circular Road in Limerick City. The portfolio comprises a total of seven luxury apartments, all of which have been recently refurbished to an exceptionally high standard. The accommodation schedule includes: 4 x One-bedroom apartments 1 x Two-bedroom apartment 2 x Two-bedroom penthouse apartments These high-quality apartments are situated within one of Limerick’s most sought-after and prestigious residential locations, an area synonymous with strong owner-occupier appeal, excellent amenities, and consistently high rental demand. The North Circular Road is widely regarded as a prime residential address, offering immediate access to the city centre, major employment hubs, hospitals, third-level institutions, and transport links. Demand for well-located, premium rental accommodation in this area remains exceptionally strong, underpinned by Limerick’s continued economic growth and ongoing urban regeneration. Investment Highlights: - Prime residential investment portfolio - 7 luxury apartments (including penthouse units) - Recently refurbished to a high specification - Prestigious and established city location - Fully let, producing a combined rental income of c. €210,000 per annum - Strong tenant profile and proven income stream The apartments are fully occupied, offering secure, immediate income and making this an attractive opportunity for investors seeking a high-quality residential asset in a prime Limerick location. Further details, tenancy schedules, and financial information are available upon request. Viewings are strictly by appointment through HPS Real Estate.
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School Name | Distance | Pupils | |||
|---|---|---|---|---|---|
| School Name | J F K Memorial School | Distance | 320m | Pupils | 220 |
| School Name | Salesian Primary School | Distance | 830m | Pupils | 389 |
| School Name | Scoil Chríost Rí Boys National School | Distance | 1.2km | Pupils | 290 |
School Name | Distance | Pupils | |||
|---|---|---|---|---|---|
| School Name | Scoil Mhuire Banríon Na Héireann | Distance | 1.2km | Pupils | 273 |
| School Name | Limerick School Project | Distance | 1.4km | Pupils | 210 |
| School Name | Thomond Primary School | Distance | 1.4km | Pupils | 215 |
| School Name | St Augustine's School | Distance | 1.5km | Pupils | 24 |
| School Name | Catherine Mcauley School | Distance | 1.5km | Pupils | 270 |
| School Name | An Mhodhscoil | Distance | 1.5km | Pupils | 578 |
| School Name | St Michaels Lim City | Distance | 1.6km | Pupils | 113 |
School Name | Distance | Pupils | |||
|---|---|---|---|---|---|
| School Name | Ardscoil Ris | Distance | 530m | Pupils | 747 |
| School Name | Limerick City East Secondary School | Distance | 630m | Pupils | 714 |
| School Name | Villiers Secondary School | Distance | 700m | Pupils | 526 |
School Name | Distance | Pupils | |||
|---|---|---|---|---|---|
| School Name | Thomond Community College | Distance | 1.1km | Pupils | 606 |
| School Name | St Clements College | Distance | 1.3km | Pupils | 411 |
| School Name | Laurel Hill Secondary School Fcj | Distance | 1.3km | Pupils | 725 |
| School Name | Laurel Hill Coláiste Fcj | Distance | 1.3km | Pupils | 343 |
| School Name | Coláiste Nano Nagle | Distance | 1.9km | Pupils | 356 |
| School Name | Gaelcholáiste Luimnigh | Distance | 2.0km | Pupils | 616 |
| School Name | Colaiste Mhichil | Distance | 2.0km | Pupils | 346 |
Type | Distance | Stop | Route | Destination | Provider | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Type | Bus | Distance | 250m | Stop | Waterville | Route | 343 | Destination | Shannon Airport | Provider | Bus Éireann |
| Type | Bus | Distance | 250m | Stop | Waterville | Route | 317a | Destination | Ennis | Provider | Bus Éireann |
| Type | Bus | Distance | 250m | Stop | Waterville | Route | 317 | Destination | Ennis | Provider | Bus Éireann |
Type | Distance | Stop | Route | Destination | Provider | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Type | Bus | Distance | 330m | Stop | Lansdowne Park | Route | 317a | Destination | Ennis | Provider | Bus Éireann |
| Type | Bus | Distance | 330m | Stop | Lansdowne Park | Route | 317 | Destination | Ennis | Provider | Bus Éireann |
| Type | Bus | Distance | 330m | Stop | Lansdowne Park | Route | 343 | Destination | Shannon Airport | Provider | Bus Éireann |
| Type | Bus | Distance | 360m | Stop | Waterville | Route | 317 | Destination | Limerick Bus Station | Provider | Bus Éireann |
| Type | Bus | Distance | 360m | Stop | Waterville | Route | 343 | Destination | Limerick Bus Station | Provider | Bus Éireann |
| Type | Bus | Distance | 360m | Stop | Waterville | Route | 317a | Destination | Limerick Bus Station | Provider | Bus Éireann |
| Type | Bus | Distance | 390m | Stop | Lansdowne Park | Route | 343 | Destination | Limerick Bus Station | Provider | Bus Éireann |
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- 24/12/2025Entered
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Daft ID: 16460198