Healthcare
Ref 53687

The Park Retirement Village

Castletroy
Limerick, V94 FD39

For sale€11,000,000
Size2,380 m²

Description

Healthcare For Sale, Limerick

  • Freehold investment of 119 units (tenants unaffected)
  • Mix of 1 & 2-bedroom apartments and 30 no. 2-bedroom houses
  • Overall development consists of 138 units
  • Site area 2.2 ha (5.44 acres)
  • Rental income FY2018* (119 units) c.€1.25 million
  • Net Operating Income FY2018* (119 units) c.€0.69 million

Description

For Sale - Fordmount Developments Limited (In Receivership)

Freehold Investment in 119 retirement properties producing an annual rental income of c€1.25 million per annum of which c.€690k equates to net operating income at The Park Retirement Village, Castletroy, Co Limerick.


Building Energy Rating:

BER Rating  C2
BER No 107438913 (1 Sylvan)
EPI 179.71 kWh/m2/yr




Click here to view our PDF Brochure

Location and Transport

Property occupies a high profile position off the Dublin Road, located opposite University of Limerick and adjacent to Castletroy Park Hotel.

All amenities nearby including public transport
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