Sherry FitzGerlad Paul Reynolds are delighted to bring to the market
this excellent investment opportunity.
We are offering for sale 9 no. two bedroom apartments within the centrally located
Burnside complex at Lower Main Street, Letterkenny.
All apartments are currently leased on a 20 year lease
Which commenced in 2019
Offering a yield of in excess of 5%
Tenant is an Approved Housing Agency.
Accommodation
General Accommodation -
Hallway - 3.0m x 1.3m
Open Plan Kitchen/Dining/Living Area - 8.25m x 3.5m .
Bedroom 1 - 3.5m x 3.0m
Bedroom 2 - 3.0m x 2.6m
Shower Room -
Features
9 No. two bedroom apartments
Central location on Lower Main Street, Letterkenny
Constructed 1997
Electric storage heating
Currently leased on a 20 year lease due to cease 2039
3 yearly reviews last review seen 9.38% rent increase
F92EK11 