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1 St. Lukes Avenue, Summerhill North, Cork City Centre, Co. Cork, T23XN57

  • Lot 4
  • Ireland
  • House
  • Commercial

Guide Price €250,000

Property Summary

  • A multi-unit residential investment opportunity.
  • End of terrace house.
  • Internally arranged to provide four bedsits.
  • Located within walking distance of all amenities in Cork City centre.
  • Extending to approximately 72 sq.m (775 sq.ft.).
  • 3 rooms occupied and generating a passing rent of €19,800 per annum.
  • Gross Yield of 7.92% with vacant possession of  1 x unit.

Contact Us

Ian McCarthy
Ian McCarthy
Property Agent, here to help.
Robert Hefferon
Robert Hefferon
Property Agent, here to help.
Emma Lovegrove
Vendor's Solicitor

Contact Us

Ian McCarthy
Ian McCarthy
Property Agent, here to help.
Robert Hefferon
Robert Hefferon
Property Agent, here to help.
Emma Lovegrove
Vendor's Solicitor

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Property description

The property comprises an end of terrace multi-unit residential house located close to Cork City Centre.  Internally, the property is arranged to provide 4 x bedsits over ground, first and second floor level.

The property is only a short walk from Cork City centre with a number of shops, bars, restaurants and cafe's in close proximity. The property has a wide selection of Primary and Secondary schools in the near vicinity.  The subject property is also situated 800 metres from Cork train station. 

Tenancy

Please refer to legal documents.

Additional Details

UnitSq. MSq. FtOccupancyRent P.A. 
113140Tenanted €5,820
212129Tenanted€7,380
329312Tenanted€6,600
418194VacantN/A
Total72775 €19,800

All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.

VAT

Please refer to Legal Documents

Additional Information

Please ensure that you have registered and paid your Bidder Security via bank transfer in good time before the auction so that we can ensure you are approved to bid.  

Important: We do not accept Same Day / Urgent payments. Payments must be standard SEPA payments.  

If you are making a payment from outside Europe (e.g. SWIFT payment), please contact us in advance. 

BER Rating

F - G

BER Identification Number

Available from BidX1.

Energy Performance Indicator

390.42 kWh/m²/yr - 801.73 kWh/m²/yr

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*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor. BidX1 is a trading name of BidX1 Ireland Limited. PSRA Registration Number 001652.

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