Oliver Lynch Auctioneers has brought to the market a block of four apartments located near Wellpark on the Monivea Road, within walking distance to Galway City and close proximity to numerous industrial estates and GMIT.
The surrounding area is mainly mature residential estates and the area is well serviced by Galway City bus routes. The entire property comprises of a block of four two-bedroom apartments over two storeys, i.e. two apartments at ground floor level and two apartments at first floor level.
According to Oliver Lynch Auctioneers, these apartments are an ideal investment opportunity to acquire an entire self contained unit of four apartments, which would be very easily manageable and have immediate rental income and would be ideal for any investor looking for good rental return with a minimum potential income of €32,400 per annum.
The typical accommodation in each apartment comprises of the following: open plan kitchen/diner/living room; two double bedrooms and one bathroom.
Externally there is a tarmacdam front driveway with parking facilities for up to six cars and an enclosed communal garden to the rear. The apartments can only be purchased as a block of four and would give the new owner the advantage of being their own management company of the entire block.
The building was purpose built approximately 15 years ago and each apartment boasts an open fire, double glazed windows throughout, separate ESB metre for each apartment and communal garden to the rear of the property.
For viewings or further details, contact Olivia Lynch of Oliver Lynch Auctioneers on 087-9921226 or 091-566157.