40 Michael Street, Waterford City, Waterford

40 Michael Street, Waterford City, Waterford

€380,000

X91W899 159 m²

40 Michael Street, Waterford City, Waterford

€380,000

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Beds
Price	€380,000
Property Type	Investment Property
Size	159 meters²
Energy Rating	BER-Exempt
Refreshed on	Dec 18, 2024
Eircode	X91W899
Group Name	Property Partners Phelan Herterich
Sales License Number	004163

Description

Prime commercial property situated in an excellent location within Waterford city's main shopping area. The property features a classic terraced building spread across three levels. Recently upgraded, this property presents an ideal opportunity for investors seeking a ready-to-occupy investment. Notable nearby businesses include The Shoe Rack, EuroGiant, Dealz, Foot Solutions, TRM, Dunnes Stores, and Waterford City Library. The location benefits from steady pedestrian traffic and convenient metered parking facilities in multiple nearby dedicated car parks. The ground floor retail space measures approximately 70 square metres, and incorporates storage and kitchen facilities at the rear. Additionally, there is a courtyard and wc accessed from the retail segment. The shop front enjoys prominent display windows onto a busy street. Above, the independent residential unit, accessed via its own entrance, spans 93 square metres over two floors. The layout comprises a living room, dining area, kitchen, two bathrooms, two bedrooms, and a study. Ample storage space is available. The residential portion includes a spacious deck at the rear, offering complete privacy. Recent improvements include newly installed flooring throughout and an updated fire alarm system. The property is available with vacant possession and is capable of achieving full market rental rates. BER Rating & Advisory Report are pending.

BER Details

BER: Exempt

Description

Prime commercial property situated in an excellent location within Waterford city's main shopping area. The property features a classic terraced building spread across three levels. Recently upgraded, this property presents an ideal opportunity for investors seeking a ready-to-occupy investment. Notable nearby businesses include The Shoe Rack, EuroGiant, Dealz, Foot Solutions, TRM, Dunnes Stores, and Waterford City Library. The location benefits from steady pedestrian traffic and convenient metered parking facilities in multiple nearby dedicated car parks. The ground floor retail space measures approximately 70 square metres, and incorporates storage and kitchen facilities at the rear. Additionally, there is a courtyard and wc accessed from the retail segment. The shop front enjoys prominent display windows onto a busy street. Above, the independent residential unit, accessed via its own entrance, spans 93 square metres over two floors. The layout comprises a living room, dining area, kitchen, two bathrooms, two bedrooms, and a study. Ample storage space is available. The residential portion includes a spacious deck at the rear, offering complete privacy. Recent improvements include newly installed flooring throughout and an updated fire alarm system. The property is available with vacant possession and is capable of achieving full market rental rates. BER Rating & Advisory Report are pending.

BER Details

BER: Exempt

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Price Changes in Waterford City

Property Price Register in Waterford City

Elysium House, Ballytruckle Road, Waterford, Waterford City, Waterford

-€15,000 (-3.23%)

€465,000 €450,000

11th Dec 24

Elysium House, Ballytruckle Road, Waterford, Waterford City, Co. Waterford, X91HX8N

-€30,000 (-6.06%)

€495,000 €465,000

21st Aug 24

Elysium House, Ballytruckle Road, Waterford, Waterford City, Co. Waterford, X91HX8N

-€55,000 (-10.00%)

€550,000 €495,000

16th May 24

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Price Changes In Waterford City

Property Price Register

Property Partners Phelan Herterich

Tel: 051 3...

PSRA Licence No. 004163

Date created: Dec 18, 2024