Lot 5431115, (2) Unit 8, Grove Island, Corbally, Co. Limerick

Sale Type: For Sale by Private Treaty
Overall Floor Area: 90 m² Rowan Fitzgerald Auctioneers are pleased to present this 4 bedroomed ground floor apartment in Corbally which offers an opportunity to obtain a return on your investment. The Grove Island Student Village Complex is under management.

This apartment has the advantage of being very close to the city centre and also to local colleges which include TUS and Limerick School of Art & Design.

The design of this property has been built to specific standards associated with student living. There are 4 bedrooms which all have individual ensuites, a generous study area and a built in wardrobe. The apartment has an open plan Kitchen/Living/Dining area.

The Grove Island Student Village complex is fully managed with onsite security on a 24/7 basis and is accessed through secure access gates. Both the apartment and each of the 4 rooms are all smart card enabled. In the adjoining building there is a supermarket and other retail/ food offerings and also a leisure centre with a swimming pool.
Net rental income for academic year 2022/23: approx. €8,400 after all management fees, maintenance and sinking fund contributions.

**Please Note the annual rental amounts are provided as a guide only. Rowan Fitzgerald Auctioneers cannot be held responsible for any subsequent variation that may arise in the returns received by property owners**

Property Features
• Fully managed student accommodation complex
• Four bedroomed ground floor apartment
• Return of approx. €8,400 per academic year after all letting and management costs have been deducted
• Walking distance to City Centre and local colleges including TUS and Limerick School of Art & Design