Tony Joyce of O’Donnellan & Joyce has recently brought to the open market an outstanding investment property which is being offered for sale by public auction on April 8 in the Victoria Hotel at 3pm, unless previously sold. The receiver, Nicholas Comyn, has instructed the auctioneers to dispose of this property with an outstanding AMV of €450,000.
The property is a city centre investment property which includes a ground floor shell and core commercial unit of approximately 1,000sq ft, which would be ideal for a variety of commercial uses but currently has planning permission for usage as a restaurant/coffee shop.
Overhead there are four beautifully finished modern one bedroom apartments which are approximately 600sq ft each with a large double bedroom, and open plan living area/kitchen, which is fully fitted. Two of the apartments have balconies and all of the properties have first class bathrooms which are fully fitted and fully tiled. The quality of the apartments speak for themselves and all the common areas are fully maintained and tiled. There is also a small courtyard to the rear with storage facilities.
This is an ideal opportunity for an investor to acquire a first class property in the city centre which could be used for an owner occupier, or the ground floor unit would provide an excellent all year rental property for a variety of commercial uses. The apartments are excellent investment properties and have been fully let over the last number of years, providing an excellent rental income.
The solicitor with carriage of sale is Ciara Lennon, RDJ Glynn, Aengus House, Docks, Galway, phone (091 ) 594777.
Full details are available from Tony Joyce at (091 ) 564212 or (086 ) 2529110. Viewings can be made by appointment and open viewings take place on Saturday between 3.30pm and 4.30pm.
