Lot 4676095, 24 North Main Street, Bandon, Co. Cork, P72RX01

Sale Type: For Sale by Private Treaty Bowe Property present to the market a very interesting investment opportunity in the form of a pre-1963 multi-unit development which has the benefit of a section 5 planning exemption and fire cert approval on proposed renovations of the building with a configuration of a one two bedroom self-contained apartment a further three one bedroom apartments within the curtilage of the existing building and its footprint. The property is located near Bandon town centre and the market demand for the proposed renovated apartments is inordinate with the developer/investor able to set market rents in order to ensure future proofed attractive streams of income. It is this valuers opinion that the property would have a likely achievable total rent roll income of somewhere between €48,000 and €55,000 and with present demand for rental properties, occupancy levels would be near 100%. Whilst the property requires significant renovations, the property is in a very honest and open state ready for a thorough renovation in order to ensure the property is of an excellent standard going forward attracting strong tenancies. A canning investment development opportunity and indeed a very rare offering.
Contact Bowe Property for further details.



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BER Rating:

BER E2
BER No.105194351
Energy Performance Indicator: 366.94 kWh/m²/yr

BER G
BER No.105194344
Energy Performance Indicator: 478.86 kWh/m²/yr

BER E2
BER No.105194328
Energy Performance Indicator: 362.67 kWh/m²/yr