Lot 5598447, (1) Apartment 3, Tír Na Gcapall, Galway City Centre, H91XN28

Sale Type: For Sale by Private Treaty
Overall Floor Area: 53 m² Keane Mahony Smith are delighted to offer for sale this excellent investment opportunity in Galway City. 3 Tír na gCapaill will be of great interest to rental investors, young first-time buyers and those seeking a low-maintenance and low-risk addition to their pension fund portfolio.

Apartment 3 is ideally positioned on the top floor with a favorable southerly kitchen/living room aspect. The property extends to 53sqm to include entrance hallway, fully-fitted kitchen/living room with south-facing balcony, 3no. double bedrooms, 3no. ensuites with full showers, and hot-press.

The property features electric storage heating throughout with timber flooring, double-glazed windows, and fully-fitted kitchen. The block has secure access, shared with just 3 other units. The development is maintained immaculately by Hummingbird Property Services with external landscaping and an abundance of surface carparking.

Tír na gCapaill is located in Ballybrit, fronting onto Monivea Road and just 200m west of the Clayton Hotel, 240m west of Dunnes Stores Briarhill and 350m from the major junction of Bóthar na dTreabh, Parkmore Road and Monivea Road. The property is located in the epicentre of Galway city's industrial activity, within walking distance of Ballybrit, Parkmore, Briarhill, Doughiska, Mervue and Ballybane. Due to its proximity to the city's major employment hubs along with its convenience to Atlantic Technological University, Galway Clinic, Bon Secours Hospital and Merlin Park Hospital, the property will enjoy considerable demand from working professionals on the rental market. Furthermore, the property's position on the Monivea Road offers the prospective purchaser outstanding accessibility being just 1km from access to the M6 motorway and 3.5kms from the city centre, with regular inner city bus routes available immediately outside the property.

The property's rental is managed under a 'Pooled Rental Scheme' currently generating a monthly rent of €1,319.00. The pooled rental offers a fully-managed, low maintenance investment, an ideal addition to your property portfolio. The property's internal layout with 3no. large double bedrooms, each with private ensuites, is highly attractive, especially to the rental market.

Young purchasers seeking an achievable entry point to the property market and an escape from tenancy will find this property highly appealing due to its price range and location. Furthermore, the provision of 3no. ensuite bedrooms allows for the prospective young purchaser to avail of the 'Rent-a-Room Scheme', offering up to €14,000 per annum tax-free in rental income should the owner rent a room within their principle private residence.

Please contact Keane Mahony Smith with any queries or to arrange a viewing of the property.