The Courtyard At Temple Grove, Carrs Hill, Douglas, Cork

Sold

Beds	1 bed
Price	Sold
Property Type	Apartment
Size	0 meters²
Energy Rating	BER-B1
Refreshed on
Eircode
Group Name	Savills (Cork)
Sales License Number	002233

Description

The 35 units at Temple Grove stand alone in an unbroken block and comprise one of two blocks built in the development which was completed in 2012. Investment Summary • Unique multi-family investment property within easy walking distance of Douglas Commercial centre and a 5 minutes drive from Cork City Centre and Cork International Airport • 35 bright and luxurious apartments with separate Kitchen and Living Areas and Utility Rooms • Located in a very convenient location with easy access to all areas of Cork city and suburbs • Producing an overall gross income of approximately 395, 700 per annum • Spacious well finished apartments with large balconies or terraced areas • Uniquely designed complex built around a central podium courtyard, completed 2012 • Range of apartments including 31 x 2 beds, 2 x 1 beds and 2 x 3 beds • Fully fitted to a high specification for rental purposes • Benefits from excellent transport links including the regular bus service to Douglas and city centre, convenience to Cork's Ring Road • One Separate basement storage lock up unit per apartment • Two basement car spaces per apartment • Tenants not affected • Freehold Title TBC Description The 35 units at Temple Grove stand alone in an unbroken block and comprise one of two blocks built in the development, adjacent to The Vicarage which comprises 17 up market detached homes. The development was completed in 2012 and has been finished to a particularly high standard with large balconies and terrace areas being a feature. The units are constructed around a paved podium courtyard under which the car spaces and storage units are housed. The apartments are laid out over 3 floors over podium level with five cores and lifts serving all floors from basement level. The apartments comprise mostly 2-bed apartments with separate kitchens and living rooms, one ensuite bedroom and a utility room. There are two 1-bed and two 3-bed units. Features • Spacious up-market apartments • Walnut floors to entrance hall and reception areas • Tiled floor and walls to kitchens and bathrooms • Floor to ceiling windows in most reception areas • Integrated high gloss quality kitchens with integrated appliances • Fitted utility room with washing machine • Fitted wardrobes to bedrooms • Large balconies and terrace areas • High quality bathroom ware with power shower • Individual Gas fired central heating • Elevators serving all floors from basement car park • Apartments laid out in five cores around a central podium courtyard • Two car spaces per apartment • Basement storage unit per apartment • Video Intercom System Residential Tenancy Information The 35 units at Temple Grove currently benefit from 100% occupancy and generate a total income of approximately 395, 700. The units are all let to private tenants on standard 12 month leases. Full details are available in the data site. Title We understand the property is held under a Freehold Title - TBC. Viewings Viewings are strictly by appointment through Savills, the sole selling agents. BER Rating B1-B3, 97.69-129kWh/m²/yr VAT The sale is not subject to VAT. Capital Gains Provisions If the property is purchased before the end of 2014 and is held for at least 7 years, the capital gain attributable to that 7 year holding period will be exempt from Capital Gains Tax (CGT). We

Accommodation

Features

35 Spacious up-market apts
Large balconies & terrace areas
Two car spaces per apt
Elevators serving all floors
5 mins walk to Douglas Village

BER Details

BER: B1

Negotiator

Catherine McAuliffe

Description

Accommodation

Features

35 Spacious up-market apts
Large balconies & terrace areas
Two car spaces per apt
Elevators serving all floors
5 mins walk to Douglas Village

BER Details

BER: B1

Negotiator

Catherine McAuliffe