4 Casement Square, Cobh, Cork

€1,300,000 Energy Rating P24CA47 10 beds8 baths400 m2
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Description

**Prime Investment Opportunity in the Heart of Cobh - 4 Roger Casement Square** We are delighted to present a rare opportunity to acquire a mixed-use property in the bustling town centre of Cobh, a sought-after location with a rich history and vibrant community atmosphere. **Property Highlights:** - **High Yield Investment**: Comprising five fully occupied 2-bedroom apartments, this property boasts a substantial rent roll, ensuring immediate income generation for the prospective buyer. - **Commercial Potential**: The ground floor features two commercial units, both currently housing thriving businesses. These units offer a stable commercial income and benefit from high foot traffic in Cobh's town centre. - **Turnkey Businesses**: As an added benefit, the sale includes both of the well-established businesses operating within the commercial spaces, creating a seamless transition for the new owner. - **Well-Maintained Asset**: The building is in excellent condition, having been maintained to a high standard, minimizing the need for immediate investment and ensuring the longevity of the property's appeal. - **Strategic Location**: Situated in 4 Roger Casement Square, the property sits in a prime location with excellent visibility, surrounded by local amenities, tourist attractions, and public transport links, making it an attractive rental proposition for both residential and commercial tenants. **Investment Considerations:** - **Diverse Income Streams**: With both residential and commercial tenants, investors can benefit from multiple sources of income, providing a hedge against market fluctuations. - **Strong Tenant Demand**: Cobh is a popular location for both living and business operations, ensuring a consistent demand for rental space. - **Growing Community**: Cobh is experiencing growth, with an increasing number of visitors and residents drawn to its charm, enhancing the long-term potential of this investment. Don't miss out on the chance to own a piece of Cobh's thriving property market. Whether you're an experienced investor looking to expand your portfolio or a new investor seeking a robust entry point with immediate returns, 4 Roger Casement Square presents an opportunity that ticks all the right boxes. For more information or to arrange a viewing, please contact us at 0214812397

Features

Fantastic opportunity to buy 2 thriving business 5 x 2 bed apartments which are fully let and provide a substantial rent roll Superb location right in the heart of Cobh town Endless potential

BER Details

BER: D2 - E1
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Price Changes in Cobh
Property Price Register in Cobh
€15,000 (5.56%)
€270,000 €285,000
2nd Apr 24
C2
-€35,000 (-8.05%)
€435,000 €400,000
28th Feb 24
E1
-€25,000 (-14.29%)
€175,000 €150,000
23rd Nov 23
€10,000 (8.33%)
€120,000 €130,000
24th Jul 23
View All Price Changes
Price Changes In Cobh
Property Price Register
DNG Spillane
DNG Spillane
Tel: 021 4...
PSRA Licence No. 003125

Date created: Mar 13, 2024

DNG Spillane
DNG Spillane
PSRA Licence No. 003125
Conor Spillane , Auctioneer MIPAV TRV
Conor Spillane , Auctioneer MIPAV TRV
Tel: 024 9...
PSRA Licence No.003125
Director, DNG Spillane Auctioneers, Cobh & Youghal, Co. Cork
Call Agent: 021 4...