FOR SALE BY PRIVATE TREATY
O'Donnellan & Joyce are delighted to present to the market a six bedroom semi-detached investment property on the East side of Galway City at Glasan, Ballybane. The development is a purpose built student complex of houses, apartments and 6 commercial units to accommodate students and summer holiday lettings. Located adjacent to the GMIT College.
Fully managed with year round rental income. Amenities include 24 Hour security, shops, a restaurant and on site launderette. Only 2 miles from Galway City centre, on main route into city. Property investments don’t get any better.
No. 125 Glasán is presented in good condition and the accommodation on the ground floor is comprised of an entrance hallway with under stair’s storage and an open plan kitchen/ dining and living room, two single bedrooms and guest toilet. The accommodation on the first floor comprises of a further two single bedrooms, two double bedrooms (1 of which is en-suite) and a main bathroom.
A gilt edged investment opportunity with the benefit of being fully managed with a strong rental return.
(Please Note - No clarification has been given in relation to contents)
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NET Income approximately €17,600 per annum (based on 2018 figures) after all deductions & management fees.
Purpose built student accommodation
Open plan kitchen/dining and living room
Built in wardrobes, study desks and shelving
Electric storage heating
External car parking for two cars
Adjacent to GMIT & Merlin Park
Secure gated complex with 24 hour security
Management Co: Winters Management Co
On site facilities include - shop, restaurant & launderette
Within easy access of Galway City
Serviced by an excellent bus network system
BER: E2 BER No.101124626 Energy Performance Indicator:342.17 kWh/m²/yr
For Further details please contact our office on 091-564212
OFFICE OPENING HOURS
MON TO FRI 9AM TO 5:30PM
SATURDAY 9am to 5pm (closed for lunch 1pm to 2pm)
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Properties can be viewed on our website www.odonnjoyce.com
NOTE: These particulars are not to be considered a formal offer. They are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract, nor to be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, neither O'Donnellan & Joyce Auctioneers nor the vendor accept any liability as to their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars. No person in the employment of O'Donnellan & Joyce Auctioneers has any authority to make or give any representation or warranty whatever in relation to this property.