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San Miguel, Old Dublin Road, Castletroy, Co. Limerick

Price on Application
Investment Property For Sale | 3,000 sq. feet (279 sq. metres)
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Overview

Property Description:

M&C Property are delighted to introduce San Miguel to the market.

This property is a genuinely interesting proposition and the full planning permission to extend the property will present the new owner with a fantastic opportunity to possibly triple the current rental income.

The property is currently in use as a successful 9 bedroom student residence (5 En suite shower rooms) and is generating a strong and consistent rental income. The current footprint of the property measures c. 3,000 sq ft and there is a large, paved parking area to the front of the property

The property is ideally positioned just off the Dublin Road and apart from great access to the City Centre this property is also in very close proximity to the University of Limerick, several large retail parks and also The National Technological Park which accommodates large employers such as Cook Medical and Vistakon.
There is an Aldi store and the Parkway shopping centre within immediate walking distance further enhancing the convenience levels.

Full planning permission has been obtained to substantially extend the property.
On completion the subject property would consist of the following:
25 Bedrooms
24 En Suite Shower Rooms
3 Open Plan Kitchen / Dining / Living Areas
1 Living Room
1 Shower Room
1 Bathroom
1 WC
1 Utility / Laundry Room
Total floor area of completed proposed development: Approx. 874 Sq Mtrs (9,407 Sq Ft )

Further details available on request.

Daft Property Shortcode:

https://www.daft.ie/5878899

Date Entered/Renewed:

21/10/2019 (yesterday morning)

Property Views:

532
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Address:

San Miguel, Old Dublin Road

Distance to City Centre:

2.5 km (1.6 miles), 25 minute walk
Diarmuid Madigan Photo

Diarmuid Madigan

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San Miguel, Old Dublin Road, Castletroy, Co. Limerick