Apartment 88, Cratloe Wood Student Village, Limerick City, Co. Limerick

Apartment 88 & 89, Cratloe Wood Student Village, Old Cratloe Road, Limerick City

Student Accommodation Investment Opportunity

Annual Net Return Approx. 18,000 P.A

LOCATION

Cratloe Wood Student Village is a secure gated student village superbly located off the Old Cratloe Road, within 600 m of TUS, Moylish Campus, 600 m of the new Northern Ring Road, 1.9 km from the TUS Coonagh Cross Campus/N18 and 3.1 kms from Limerick City Centre.

Built in the early to mid-2000's Cratloe Wood Village, comprises 235 recently refurbished apartments set within the vast landscaped grounds.

DESCRIPTION

No. 88 & 89 each comprises a ground floor apartment extending to approximately 74 sq. mtrs. (797 sq ft.), accommodating three bedrooms (one ensuite), bathroom and a bright and spacious open plan living room/kitchen. All apartments are secured with a Salto Key Fob system. There is ample car and bicycle parking throughout the village.

Features within the village include a Staffed Reception, onsite security, Games Room and Laundry Room.

THE INVESTMENT

The properties in the village operate on a pooled rent system, where all maintenance running costs and expenses are deducted from the pooled scheme rent. Profits are divided equally among the pooled owners, with payments made three times over the year. The profit for the current academic year is approximately 17,992, which is subject to change.

The village is fully booked for the current academic year.

FEATURES
Fully managed hassle free investment with an annual return
of Approx. 18,000
Walking Distance of TUS
Fully booked for current academic year

BER Details

BER C2
BER Number: 110222460
Energy Performance Indicator: 189.68 kWh/yr

Under Offer

Asking Price: Excess of 260,000