(d2)
Ruinn Colmcille, 1-7 Wrighton Lane, Calnbrassil Street, Dundalk, Co. Louth
Available From: Immediately An Exceptional Investment Property with an Gross Rental Yield 7.92%
Overview:
DNG Duffy offer to market Colmcille House, an outstanding investment opportunity located in the heart of Dundalk. This property offers a unique blend of income generation and potential for further development. With its prime location, impressive rental income, and possibilities for conversion, Colmcille House is a gem in the real estate market.
Property Highlights:
Annual Income: Colmcille House is fully let, generating an impressive annual income of €99,000. This steady stream of revenue makes it an attractive investment for both seasoned and new investors.
Versatility: In addition to its current income, Colmcille House presents an opportunity for further development. The property includes a recently renovated industrial unit, which can potentially be converted into residential units, adding to its long-term value.
Location: Situated in the heart of Dundalk, Colmcille House benefits from excellent connectivity and proximity to amenities, making it highly desirable to both tenants and future buyers.
Renovation Potential: The property offers significant potential for renovation and modernization to maximize rental income or enhance resale value.
Property Details:
Address: Colmcille House, Dundalk
Property Type: Mixed-use property
Current Annual Income: €99,000
Occupancy: Fully let
Investment Potential:Colmcille House's current annual income of €99,000 provides investors with immediate returns.
Location:
Colmcille House is conveniently located in Dundalk, a thriving town in County Louth. This strategic location ensures high demand from both residents and businesses.
Transportation: Easy access to major road networks and public transportation, making it convenient for tenants and potential buyers.
Amenities: Close proximity to schools, shops, restaurants, and other essential amenities.
Business Hub: Dundalk is a growing business hub, attracting professionals and providing rental demand.
Investment Opportunity:
Colmcille House offers a unique blend of immediate income and potential for future growth. Whether you're an experienced investor seeking steady returns or someone looking to explore redevelopment options, this property is a rare find in the market.