Apartment 8 , Grove Island Student Village, Grove Island, Corbally, Limerick

€168,000

Beds	4 beds
Price	€168,000
Property Type	Apartment
Size	86 meters²
Energy Rating	BER-C3
Refreshed on	Mar 5, 2025
Eircode	V94NY71
Group Name	DNG Cusack Dunne
Sales License Number	002730

Description

4 bedroom ground floor student apartment located in Grove Island, Corbally. Grove Island Student Village is a fully managed designated student accommodation complex centrally located a short stroll from Limerick School of Art & Design and Limerick City Centre.The Grove Island Student Village Complex is part of a property management scheme with a current net return for this unit of approximately €9200 p.a., after all management fees, maintenance and sinking fund contributions. **Please Note the annual rental amounts are provided as a guide only. DNG Cusack Dunne Auctioneers cannot be held responsible for any subsequent variation that may arise in the returns received by property owners** This apartment has the advantage of being very close to the city centre and also to local colleges which include TUS Limerick School of Art & Design & UL. The design of this property has been built to specific standards associated with student living. There are 4 bedrooms which all have individual ensuites, a study area and built in wardrobes. The apartment has an open plan Kitchen/Living/Dining area. The Grove Island Student Village complex is fully managed with on-site security on a 24/7 basis and is accessed through secure access gates. Both the apartment and each of the 4 rooms are all smart card enabled. In the adjoining building there is a supermarket and other retail/ food offerings and also a leisure centre with a swimming pool.

Accommodation

Accommodation: Open plan Living / Kitchen / Dining Area, 4 Ensuite Bedrooms. Features and Services: Centrally located student apartment in a fully managed complex. Close to local colleges and University. Walking distance of the city centre and shops & amenities. Current net return of €9200 per annum (subject to change annually). Pooled rental system. Secure gated community. Contructed in 2001. Managed by M&C property management co. Annual current service charge: Please Note: As an owner of this property, you will become a member of the Management Company, which manages this property. You will be required to pay an annual service charge (which may increase once warranties expire) for the upkeep of the common areas and to pay into a sinking fund to cover future major maintenance of the common areas. Please Note the annual rental amounts are provided as a guide only. DNG Cusack Dunne Auctioneers cannot be held responsible for any subsequent variation that may arise in the returns received by property owners** This apartment has the advantage of being close to the city centre and also to local colleges to local colleges which include TUS Limerick School of Art & Design & UL. The Grove Island Student Village complex is fully managed with on-site security on a 24/7 basis and is accessed through secure access gates. Both the apartment and each of the 4 rooms are all smart card enabled. In the adjoining building there is a supermarket and other retail/ food offerings and also a leisure centre with a swimming pool. Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Features

Fully managed student accommodation complex - Four bedroom ground floor apartment - Current return of approx. €9200 per academic year after all letting and management costs have been deducted - Close distance to City Centre and local colleges including TUS Limerick School of Art & Design & UL.

BER Details

BER: C3

Description

Accommodation

Features

BER Details

BER: C3