Description
Superb opportunity for investors to acquire an excellent and unrivalled investment
property within minutes walk from NUIG and the city centre.
This four bedroom – 5 bed space property is presently rented and yielding high rental incomes. The rent works on a pro rata basis and the development has presently a 98% occupancy.2 bathrooms and living/kitchen/dining area. The estate is maintained to very high standards with attractive landscaping throughout.
Agents Comment: No. 81 is presented in good decorative order and would be highly
recommended as a very secure Section 50 investment due to its high occupancy and its ideal proximity to NUIG and the city.
INTERNAL DETAILS:
GROUND FLOOR:
Kitchen/Living: 23’65 x 14’75
Fullt tiled, Marble electric fireplace, Coving, Shaker style kitchen, Integrated appliances.
Storage: 4’68 x 3’22
Guest Bathroom: 4’86 x 2’92
Wc, whb, fully tiled.
FIRST FLOOR:
Bathroom: 7’06 x 5’5
Wc, whb, electric shower, tiled
Bedroom 1: 11’57 x 6’18
2 Bedspaces, 2 Study areas, Built in wardrobes
Bedroom 2: 6’21 x 14’03
Single bed, Study area, Built in wardrobes
SECOND FLOOR:
Bathroom: 7’07 x 5’33
Fully tiled, wc, whb, Pump shower
Hotpress
Bedroom 3: 10’06 x 15’55
Single bed, Study space, Built in wardrobes
Bedroom 4: 7’06 x 7’74
Single bed, Study area, Built in wardrobes.
NOTES:
Electric Storage Heating
Fire Doors
Overlooks The Green
Over €300,000 tax relief
98% Occupancy for 2007
87% Occupancy in Summer ‘06
RENTAL INCOME:
Single rooms: €3,420 each
Twin: €2,470 Each
Mgt Charges: €3,275.44 for 2007 includes
Block insurance, Internet, 24 Hr Security,
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