Centrally located property offers excellent investment potential

No 16 Merchants Road.

No 16 Merchants Road.

Keane Mahony Smith presents a rare opportunity to acquire a spacious dwelling in a city centre location. This property is Located on Merchants Road lower, a stone’s throw from the Spanish Arch, the bustling Quay Street, Shop Street, and close to Eyre Square, the Claddagh, and Salthill.

The property, which originally dates back to the 1840s, was demolished and rebuilt in 2012-2013. The building’s features were replicated to ensure the external façade looked the same as the original construction. The property achieved a cosy B energy rating.

The spacious accommodation of approximately 157sq m is set over three floors. The ground floor comprises large entrance hallway, cosy sitting room, kitchen/dining room, downstairs bedroom with large en suite, rear decking area, and a large storage shed/laundry. The first floor has two large double bedrooms with a Jack & Jill style shared bathroom. The second floor comprises a further two large double bedrooms with a Jack & Jill style shared bathroom and large hotpress/linen store. The property has oil fired central heating and beautiful double glazed sash windows.

Located close to the Spanish Arch, the property is close to Galway city centre with every possible amenity on its doorstep. It is also within walking distance of NUIG, UHG, and Salthill Promenade.

Given its central location and five spacious double bedrooms, No 16 Merchants Road would make a gilt-edged investment property or ideal accommodation for your son or daughter attending NUI or GMIT. The property was never rented previously so the purchaser can set market rent to begin with.

Priced at €595,000, viewing is highly advised through the Keane Mahony Smith offices 091 563744.


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