Multi-family development opportunity

TWM is offering to the market a selection of 13 partially completed residential units located throughout Cuirt na hAbhainn, an established residential development in Claregalway village approximately 11.6km from Galway city centre.

Cuirt na hAbhainn is a modern residential development of 105 units in total laid out to provide a mix of three, four, and five bedroom units, 13 of which are included in the subject sale. The subject units for sale are laid out to provide a mix of three and four bedroom terraced and semi-detached units with gardens to the rear. The 13 units are partially completed to varying levels; four of these units are fully completed and occupied under residential short term letting agreements. Ample communal car parking is provided directly outside each property.

Cuirt na hAbhainn is situated in the established rural village of Claregalway, east of Galway city and easily accessible to the M6 Galway/Dublin motorway and N17 Galway/Sligo road. Amenities in the area include primary and post primary schools, local shopping and service facilities, and local business parks.

TWM is seeking in excess of €1.6 million plus VAT for the units. With strong demand for residential rental accommodation and a dearth of supply in the market generally, Sarah Winters of TWM is expecting good interest from both developers and investors. Ms Winters commented that this is an attractive lot size for parties who have an appetite for development and will be enticed by the investment/resale angles and rental growth potential once the units have been completed.

For full details contact TWM, Dockgate, Galway phone 091 458 987 or see www.twmproperty.ie

 

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