Great investment opportunity

DNG Maxwell Heaslip & Leonard is offering a superb investment opportunity in the O’Malley built complex of Gort na Coiribe on the Headford Road in Galway city.

No 83 Gort na Coiribe is part of a purpose built and fully managed student accommodation scheme which also lends to excellent summer occupancy, given its perfect central location. The property is adjacent to all amenities such as Dunnes Stores, Galway Shopping Centre, and Galway Retail Park, in addition to being just a short walk from NUIG and the city centre.

It is managed under the pooled rents system operated by an on-site management company and achieves excellent rental yield with an annual net income amounting to circa €16,455.52 (2016 ).

The property is a four bedroom, three storey, mid-terrace townhouse which sleeps five and has the added benefit of ample communal parking.

Ground floor accommodation comprises an entrance hall, open plan living/dining room with fitted kitchen area, storage cupboard, and downstairs guest bathroom. The first floor comprises two bedrooms and one bathroom, as does the second floor, all of which are fully furnished with specially fitted study stations in each room.

According to selling agent James Heaslip: “This offers a perfect investment opportunity with attractive yields and a hassle free, fully managed approach. The complex has full occupancy all year round comprising the academic year and the summer lettings. This property is definitely one worth considering.”

Viewings are by appointment only and can be arranged by contacting any of the residential sales team at DNG Maxwell, Heaslip & Leonard on 091 565261.

 

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