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Investment in Cork 10 Results

Cork Business & Technology Park, Model Farm Road, Cork

  • Sold
  • Investment (5,675.9 sqm)
  • High yielding office investment opportunity.
  • The property is being offered for sale by Private Treaty in one or two lots.
  • Approx. Gross Internal Floor Area 5,575.9 sq m (61,095 sq ft).
  • Contracted Rent Roll €808,001 per annum
  • Weighted Average Unexpired Lease Term (WAULT) of over 3.92 years term certain.
  • Superb Tenant Covenants: Apple & Trend Micro.
  • Asset management potential.
  • Offers are sought in excess of €7,250,000 which represents €119 psf and a net initial yield of 10.65% after allowing for standard acquisition costs at 4.46%.

9 Sidney Place, Wellington Road, Cork City

€195,000
  • For Sale by Private Treaty
  • Investment (72.36 sqm)
  • Self-contained ground floor period premises in office use
  • Total accommodation extends to approx. 72.36sqm
  • Distinctive period property finished to an extremely high standard
  • Neighbouring occupiers include; Scoil Mhuire, Christian Brothers College, Broadcasting House, Cork Language Centre and FDC Accountants
  • Located in a prominent position on Wellington Road with high levels of passing traffic

11 Owenacurra Business Park, Knockgriffin, Midleton, Co. Cork

  • Sale Agreed
  • Investment (1,442.00 sqm)
  • Approx. Gross External Floor Area 1,442 sqm (15,522 sqft)
  • Approx. site area 0.47 hectares (1.15 acres)
  • Modern detached industrial unit with two storey office block incorporated
  • Current rental income of €87,742 per annum
  • Central location in Midleton, convenient to the Cork/Waterford N25 and approx. 19km from Cork city

Ardrostig, Bandon Road, Bishopstown, Cork

€500,000
  • For Sale by Private Treaty
  • Investment (0.16 hectares)
  • Site of approx. 0.16 hectares (0.4 acres).
  • High profile location with frontage to Bandon Road N71, just off the South Ring Road.
  • Currently let to two tenants at a combined rent of €36,000 per annum.
  • Adjacent to Dunnes Stores.
  • Tenants not Affected.

Cleve Quarter, Monahan Road, Cork

€1,500,000
  • For Sale by Private Treaty
  • Investment (3,205.26 sqm)
  • Office Investment Opportunity.
  • Approx. 3,205.26 sq m (34,501 sq ft).
  • 85 car spaces.

Unit 7 Cleve Business Park, Monahan Road, Cork

€250,000
  • For Sale by Private Treaty
  • Investment (445.73 sqm)
  • Office Investment (Tenants not Affected).
  • Floor area approx. 445.73 sq m (4,797 sq ft).
  • First floor office premises.
  • Let to Zevas Communications Ltd at a rent of €27,225 per annum.
  • Approx. 1.5km east of Cork city centre in an established commercial area.

Unit 3 Cleve Business Park, Monahan Road, Cork

€240,000
  • For Sale by Private Treaty
  • Investment (386.57 sqm)
  • Floor area approx. 386.57 sq m (4,161 sq ft).
  • Two storey office premises
  • Fully let to Special Olympics Ireland and Oak Recruitment at a total rent of €38,334p.a.
  • Approx. 1.5km east of Cork city centre in an established commercial area.

17 French Church Street/5 Carey's Lane, Cork

  • For Sale by Private Treaty
  • Investment (286.26 sqm)
  • City centre retail building.
  • Ground floor 97.11 sq m (1,045 sq ft), upper floors 189.15 sq m (2,036 sq ft).
  • Prime location on French Church Street extending through to Carey's Lane.
  • Pedestrianised retail street just off Patrick Street within the Huguenot Quarter.
  • Excellent opportunity for an investor or owner occupier.
  • Being sold with vacant possession.

Charleville Town Centre, Charleville, Co. Cork

€1,950,000
  • For Sale by Private Treaty
  • Investment (4,265.00 sqm)
  • 450 car spaces.
  • 294 sq m Unicare Pharmacy T/A Lloyds Pharmacy with 16 years unexpired.
  • Anchored by Dunnes Stores.
  • Current actual rental income €180,000 per annum exclusive.
  • Substantial asset management opportunity.
  • Significant reversionary potential.
  • Offers for the Charleville Town Centre and Unicare Pharmacy investment will be considered as separate lots.
  • Tenancies are not affected.
  • 4265 sq m

14 North Mall, North City Centre, Cork City

  • Sale Agreed
  • Investment (236.00 sqm)
  • 5 no. two bed apartments for sale in one lot
  • Prime location in Cork City Centre, close to UCC North Mall Campus and convenient to Mercy Hospital and UCC Tyndall Institute
  • Enclosed yard with car parking to the rear
  • Excellent opportunity to acquire a city centre residential investment property with potential for rental income growth
  • Current rental income of €52,200 p.a. with 100% occupancy