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Railway Square, Castle Place, Waterford City


Type
Apartment

Status
Sale Agreed

BEDROOMS
3

BATHROOMS
1

BER
BER
D1

Location
Waterford City

Description

This is a unique opportunity to acquire 8 x three-bedroom apartments located in the popular Railway Square development in Waterford city centre. Railway Square is a modern mixed-use development of office, retail and residential units extending to 30,000m2 and built in 2006. The ground floor of the building is occupied by Odeon cinema, TK maxx & Pinks restaurant to name a few. A single level basement car park provides for 175 spaces and is operated by iPairc.

This portfolio of 8 apartments offers an enticing investment opportunity. Ideal for buy-to-let investors seeking a strong rental yield. Each of the apartments are being sold fully furnished and 6 apartments are currently tenanted, 2 properties are currently vacant.

Current passing rent €83,400 PA with one vacant unit. Full occupancy passing rent c.€113,400 PA

Management fee: €2,171 P/A per apartment

Railway Square is divided into 3 blocks, The 8 apartments being offered for sale are located in block C, the apartment numbers are 101,103,108,109,203,209,303,309.

Features
Bright and spacious modern apartments
Electric Storage Heating
Aluminium double glazed windows
Lift Access
City centre location

Price - €1,100,00 million reflecting a gross rental yield of 10%

For more information or to request a viewing please contact Jeffrey Brophy on 051511333.

Features

  • City centre location
  • 8 Modern 3 bedroom apartments
  • Gross rental yield of 10%

Accommodation

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

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