Shannonville

Features

• Mixed development which spreads investment risk
• On site parking
• Spectacular and established location
• Refurbishing work provides opportunity to achieve full market
• Established income from commercial tenant who is unaffected
• Just 2 km to city centre
• Wonderful local walkways
• Unrivalled location

GVM present to the market this excellent investment property in a prime location just off the Ennis Road and less than 2 km from Limerick City Centre. Shannonville offers shrewd investors the opportunity to acquire a building with mixed residential & some commercial use in a location which is widely regarded as one of the city's most prestigious and sought-after. This two storey premises has an existing income from a long standing commercial tenant on the ground floor (unaffected) with an opportunity then to create three separate residential units being a two storey adjoining house which is included and also two good sized apartments each with own door access. One could also reside here and redevelop the remainder of the property over time. Shannonville offers endless opportunities in what is undoubtedly a "blue chip" address.
The property is comprised of four parts - a two storey 3 bedroom residence of approx 950 sq. ft, a ground floor and first floor apartment each close to 1,000 sq. ft in size and a ground floor commercial unit of approx. 450 sq. ft (hair salon). All the residential units are currently vacant and in need refurbishing. To the front there is ample space for off street parking for all units and a small enclosed yard to the rear. This locality is leafy, tranquil and dotted with up-market and striking homes that enjoy a range of nearby amenities including excellent quality Primary and Secondary Schools, TUS Gaelic Grounds, Thomond Park, Jetland Shopping Centre, Church, Limerick Lawn Tennis Club together with renowned local hotels, chic coffee shops, restaurants and modern gyms. Its close proximity to the City Centre puts a further range of top class amenities within walking distance. This majestic property is standing on a prominent site just a very short distance from the main Ennis Road. Inspection is highly recommended, contact GVM for further details and viewing times.

Limerick City:2 km; M18 Motorway :2.5 km; Shannon Airport: 28 km

BER Details
Hair Salon Ground Floor
BER Rating: B3 BER No. :800725079
Energy Performance Indicator: 346.35 kWh/m²/yr

Apartment Ground Floor
BER Rating: F BER No. 112770276
Energy Performance Indicator: 416.54 kWh/m²/yr

1st floor:
BER Rating: G BER No.800725087
Energy Performance Indicator: 580.84 kWh/m²/yr

House
BER Rating: F. BER No. 112764915
Energy Performance Indicator: 397.09kWh/m²/yr

BER Details

BER Rating: B3

BER No.: 112770276

Energy Performance Indicator: Not provided