Lot 5597533, Apt 323, City Campus, Lord Edward Street, Limerick City, Co. Limerick, V94F2C9

Sale Type: For Sale by Private Treaty
Overall Floor Area: 66 m² REA Dooley Group are delighted to introduce to the market this four bedroom top floor apartment located within the popular student complex of City Campus. The campus is a fully managed, designated student accommodation complex, located within easy reach of Mary Immaculate College and the city centre. Each apartment (225 in total) has been designed and constructed to specific standards to meet the requirements of this market.Accommodation comprises: Spacious open plan kitchen living area; 4 large bedrooms (3 single and 1 double bedroom); 2 Shower rooms, all secured with Smart Card Access. Ample Free car parking, laundry facilities, 24 house security and on Site Reception facilities. Each bedroom has a built-in wardrobe and desk.

The service charge is currently €2878.80 for 2023-2024 apportioned over 9 months.
The complex is operated on a pooled rental scheme for students only occupying during the academic year.
Net return to owners is approximately €14500 per annum.
Secure gated entrance to complex with communal parking

All maintenance and upkeep is taken care of by the on site management company, resulting in a hassle free, secure return with minimal investment of time. All tenants are sourced through the management company at their own discretion. Please note that new owners cannot manage the property themselves and must remain as part of the rent pooled scheme.

Note: M & C Property are the management company in charge of this complex. They collect the rent (Gross) and deduct the Service Charges and the balance (Net) is transferred to owners in 4 payments throughout the year.

To be sold with tenants in situ (tenants no affected)

DISCLAIMER: These particulars are given on the strict understanding that they will not form part of any contract. Whilst every care has been taken in preparing these particulars no responsibility is taken for any inaccuracies or errors. All enquiries and negotiations through REA Dooley Group only.