FOR SALE BY PRIVATE TREATY
(Tenants not affected)
Apartments 58-75
C | Knapp’s Square,
Road | Cork City
Apartments 58-75
C
PRIME RESIDENTIAL INVESTMENT OPPORTUNITY
Apartments
Prime City Centre Residential Investment Opportunity 18 high quality modern apartments comprising a mix of two and three bed units.
Developed c. 2006 and occupies a prominent location in the heart of Cork City Centre Set in a secure gated complex.
Fully occupied and producing a gross rent of €291,168 per annum
Knapps Square is centrally located on the northern channel of the River Lee approximately 500m north of St Patrick’s Street, Corks main retail thoroughfare, and immediately west of the N20 Road which connects Cork City with Limerick City.
The development is situated within walking distance of cultural landmarks and amenities including Cork Opera House, Crawford Art Gallery and the English Market. The property also enjoys the advantages of its proximity to the Victorian Quarter / MacCurtain Street a vibrant district of shops cafes, restaurants and bars.
The property is highly accessible with convenient access to public transport options including Cork Bus Station, Cork Kent railway station and TFI Bike Stations. The planned Cork Light Railway project will further enhance accessibility.
ABOUT CORK
Cork is home to global market leaders in pharmaceutical, healthcare, information and communications technology, biotechnology, professional and international financial services.
Knapps Square is ideally positioned within the vicinity of notable employers including Apple European headquarters, Heineken Ireland, Mercy University Hospital and the Tyndall National Institute. The property is also conveniently located within walking distance of University College Cork.
Cork is Ireland’s second largest city with a population of approximately 220,000 in the wider metropolitan area.
Cork is a key location for global investment with a strong presence of multinational companies in technology, pharmaceuticals, financial services and life sciences.
220,000
Population
THE OPPORTUNITY
The subject property comprises 18 no. apartments made up of 17 no. two bed apartments and 1 no. three bed apartment. Designed by Boyd Barrett Murphy O’Connor Architects and developed by Cumnor Construction in 2005, the apartments form part of a larger purpose built apartment development known as Knapps Square, comprising 93 apartments contained within four blocks all overlooking a central pedestrian courtyard with a secure refuse store and bike store.
The apartments are of a generous size and finished to a high standard. The accommodation consists of 9 two bed apartments approx. 592 sq.ft., 8 two bed apartments approx. 646 sq.ft., and 1 three bed apartment approx. 733 sq.ft.
The subject apartments are laid out over first to fifth floors and are contained in Block C, a sevenstorey block to the northeast of the development. The scheme is accessed through a secure gated entrance off Knapps Square.
*The ground and first floor units do not form a part of the sale.
SPECIFICATIONS
Each apartment has a private balcony
Fitted kitchens with granite worktops
Fully fitted wardrobes in bedrooms
Lift access serving all floors
All apartments have video intercom systems linked to the front door
ACCOMMODATION AND TENANCY DETAILS
tenancy details and covenant information available on request.
58-75 Square, City
Apartments 58-75
Block C | Knapp’s Square, Mulgrave Road | Cork City
Apartments 58-75
Block C | Knapp’s Square, Mulgrave Road | Cork City
FURTHER INFORMATION
https://knappssquareapartments.com
METHOD OF SALE
The property is for sale by Private Treaty
PRICE
€4,600,000
TITLE Long leasehold VIEWINGS
Strictly by appointment with sole selling agent Sherry FitzGerald Commercial
SOLICITOR
Orbitus Group, Penrose Wharf Business Centre, Alfred Street, Cork BER
Full Building Energy Rating certificates and advisory reports are available on request.
AGENT
6 Lapps Quay, Cork T12 XHF6 commercial@sherryfitz.ie
T: +353 21 427 0099 www.sherryfitz.ie
DAVID MCCARTHY Divisional Director T 086 044 9934 E david.mccarthy@sherryfitz.ie
AMANDA ISHERWOOD
Senior Surveyor
T 087 349 6708
E amanda.isherwood@sherryfitz.ie
ZARA BARRY Graduate Surveyor T 087 109 6999
E zara.barry@sherryfitz.ie
These particulars are issued by Sherry FitzGerald on the understanding that any negotiations relating to the property are conducted through them. While every care is taken in preparing them, Sherry FitzGerald, for themselves and for the vendor/lessor whose agents they are, give notice that: (i) The particulars are set out as a general outline for guiding potential purchasers/tenants and do not constitute any part of an offer or contract. (ii) Any representation including descriptions, dimensions, references to condition, permissions or licences for uses or occupation, access and any other detail are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves (at their own expense) as to their correctness. (iii) Neither Sherry FitzGerald nor any of its principals or employees have any authority to make or give any representations or warranty in relation to the property. A full copy of our general brochure conditions can be viewed on our website here
PSRA No. 002183