Lot 4710571, (2) Acra House, 19 Maylor Street, Cork City Centre, T12VX30

Available From: Immediately JOINT SELLING AGENTS WITH CASEY & KINGSTON DESCRIPTION

This is a mixed use investment property comprising a café on the ground floor with 5 apartments and a violin maker studio on the upper floors.

LOCATED.
Behind Brown Thomas just off St Patrick Street on the corner of Maylor Street and Caroline Street.

GROUND FLOOR
Cafe on ground floor.

UPPER FLOORS
1 x 2 bedroom apartment.

4 x 1 bedroom apartments.

Violin makers studio.


The cafe, studio and residential units are fully let out and is being sold with tenants in situ.

The property is in good condition throughout and generating a rental income of €86,000 per annum.

The building has pre 1963 planning status.

The building is being sold with the tenants unaffected


Residential Accommodation:

This is a prime location and will make an ideal investment opportunity in a great rental area.

Apartment 1: 1-bedroom apartment extending to c.36 sq. m
Apartment 2: 2-bedroom apartment extending to c.42 sq. m
Apartment 3: 1-bedroom apartment extending to c.30 sq. m
Apartment 4: 1-bedroom apartment extending to c.30 sq. m
Apartment 5: 1-bedroom apartment extending to c.42 sq. m

SERVICES Mains electricity, water and sewage.

FEATURES

Ideal Cork city centre investment opportunity.

Located adjacent to Brown Thomas buildings on Maylor Street and Caroline Street.

RENTAL INCOME €86,000 in annual rent roll, with an approx. 9.3% gross yield.

JOINT AGENTS WITH Casey & Kingston Auctioneers 43 Grand Parade, Cork 021 427 1127

BER DETAILS: BREs range from F to D2