Investment Property Information

11 Rockboro HeightsCarrigaline Middle, Carrigaline, Co. Cork

Asking Price € 298,500

Expected Yearly Rent: €13,440

Property Description

A newly renovated 3-bedroom semi-detached property c. 1120 square feet in size, with garage and B2 energy rating located in Carrigaline, Co Cork. The property presents an attractive pension investment opportunity as it offered to the market with the benefit of a 25-year lease with a local authority.

  • Residential property sold with the benefit of a 25-year lease to a local authority
  • Strong covenant
  • Rents indexed to the harmonized
  • Index of consumer prices (HICP)
  • Self-Managing asset
  • B2 Energy Rating
  • Fully furnished and refurbished to a very high standard of finish
  • Lease provides for full interior repair and maintenance over the lease period
  • Target return of c. 12% per annum
  • Yield of 4.5% per annum
  • Pre-approved financing of 50%
  • Lessor is liable for all taxes insurance and structural maintenance associated with the property
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This property is available through Solas Financial

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