Lot 5443121, (2) Ruinn Colmcille, Ruinn Colmcille, 1-7 Wrighton Lane, Clanbrassil Street, Dundalk, Louth, Co. Louth

Available From: Immediately An Exceptional Investment Property with an Gross Rental Yield 7.92%

Overview:

DNG Duffy offer to market Colmcille House, an outstanding investment opportunity located in the heart of Dundalk. This property offers a unique blend of income generation and potential for further development. With its prime location, impressive rental income, and possibilities for conversion, Colmcille House is a gem in the real estate market.

Property Highlights:

Annual Income: Colmcille House is fully let, generating an impressive annual income of €99,000. This steady stream of revenue makes it an attractive investment for both seasoned and new investors.

Versatility: In addition to its current income, Colmcille House presents an opportunity for further development. The property includes a recently renovated industrial unit, which can potentially be converted into residential units, adding to its long-term value.

Location: Situated in the heart of Dundalk, Colmcille House benefits from excellent connectivity and proximity to amenities, making it highly desirable to both tenants and future buyers.

Renovation Potential: The property offers significant potential for renovation and modernization to maximize rental income or enhance resale value.

Property Details:

Address: Colmcille House, Dundalk
Property Type: Mixed-use property
Current Annual Income: €99,000
Occupancy: Fully let
Investment Potential:Colmcille House's current annual income of €99,000 provides investors with immediate returns.

Location:

Colmcille House is conveniently located in Dundalk, a thriving town in County Louth. This strategic location ensures high demand from both residents and businesses.

Transportation: Easy access to major road networks and public transportation, making it convenient for tenants and potential buyers.
Amenities: Close proximity to schools, shops, restaurants, and other essential amenities.
Business Hub: Dundalk is a growing business hub, attracting professionals and providing rental demand.

Investment Opportunity:

Colmcille House offers a unique blend of immediate income and potential for future growth. Whether you're an experienced investor seeking steady returns or someone looking to explore redevelopment options, this property is a rare find in the market.

Apt 1 - 1bed 45sqm
Apt 2 - 2bed 73sqm
Apt 3 - 1bed 45sqm
Apt 4 - 2bed 73 sqm
Apt 5 - 2bed 73sqm
Apt 6 - 1bed 36.4sqm
Apt 7 - 1bed 36.4 sqm