Cork Median Price | Map | Street view | Nearby | Property Description: | ************ For sale by public auction ************* ************ 16th March 2016 at Imperial Hotel, South Mall, Cork City *********** ************ Registrations start at 10am. Auction to begin at 11am ************
How do you purchase at the auction: 1)To bid on the day of the auction you are required to register on the morning of the auction. Registration is at 10 AM and the auction will start at 11 AM sharp. 2)To register you are required to bring a valid utility bill, ID (passport/drivers licence) and a bank draft or cheque. All funds need to be made out to DNG Creedon auctioneers. 3) On the day of the auction you are expected to sign the contracts when the deal is agreed. 4) You are required to pay a deposit of 10% of the purchase price when signing the contracts. 5) Congratulations 28 days later the property is yours.
DNG Creedon auctioneers are proud to present a stand-alone block located on the Watercourse Road. The building is adjacent to the Heineken Brewery. The building is within walking distance of Cork City Centre. This building will be sold with the benefit of rental income and tenants. The building is currently producing a rental income of €19,800 per annum.
Ground Floor: Retail unit let to a hairdressers on a rolling month-to-month lease. Producing a rental income of €650 per month. First Floor: 2 bedroom apartment currently vacant. Second Floor: 2 bedroom apartment on a rolling month-to-month lease. Producing a rental income of €500 per month. Third Floor: 2 bedroom apartment on a rolling month-to-month lease. Producing a rental income of €500 per month.
The apartments have an independent door to the side of the retail unit. A central core excesses all three apartments. This building is of moderate construction with concrete stairs, concrete floors di |
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