DNG Ella Dunphy


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https://www.lslauctions.com/LotDetail-DNED-3283281

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Guide Price: 150,000

(d2) 57 Logan Street, Thomastown, Co. Kilkenny


Sale Type: For Sale by Private Treaty 57 Logan Street in Thomastown presents a unique investment opportunity for entrepreneurs and business owners. This two-story store front is perfectly positioned to capture the attention of passersby in a bustling location. With the necessary repairs and renovations, this space has the potential to become a thriving commercial venture. Subject to local authority approval, this property has remained vacant for over 10 years, making it eligible for the Vacant Property Refurbishment Grant and the Derelict Property Refurbishment Grant. The discerning purchaser could receive a grant of up to €70,000 to renovate the vacant property. The grant is funded by the Department of Housing, Local Government and Heritage through the Croí Cónaithe (Towns) Fund and you apply to your local authority.

The property features a front area filled with natural light facing the bustling Logan Street with storage area towards the front, offering convenient street access. The rear of the property contains three apartments in need of renovation. These include a spacious 3-bedroom unit, a cozy 1-bedroom apartment on the ground floor, and another charming 1-bedroom apartment on the first floor.
Nestled in the heart of Thomastown, the property benefits from its prime location. The surrounding neighbourhood offers a vibrant atmosphere with cafes, restaurants, schools, and shops just a leisurely walk away. Its central position makes it an ideal setting for a mixed-use development property.

This property presents an exciting opportunity for investors willing to undertake the necessary renovations. With grants available for refurbishment, the potential to be transformed into a vibrant hub is unmatched. The unbeatable location in Thomastown adds to its appeal, making it a desirable investment for those seeking both commercial and residential possibilities.

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Contact DNG Ella Dunphy on +353567786000