Description

The Leinster Property Auction in partnership with Team Lorraine Mulligan RE/MAX Results.

Offered at bids over �000,000

We welcome you to view this superb investment of an entire block of 18 tasteful apartments located in an ideal and fantastic location.

There are ten 1 bedroom apartments, seven 2 bedroom apartments and one 3 bedroom apartment being offered in one lot. All 18 apartments are currently tenanted with signed lease agreements in place. If any of the apartments where to become vacant it's safe to say that it would be let again almost immediately, this is due to the strong demand for rental accommodation in the area. The rent is generating �0,000 per annum with a potential to generate an additional �0,000 per annum at current market rents.

The "Latouka Apartments" are a very attractive apartment block with each apartment enjoying its own door. There are no lifts or communal hallways making this an easy to manage development. There is ample, safe and private split level parking facilities within this small electronic gated development. The communal areas are wonderfully mature with tasteful lawns as well as a hedge and tree lined boundary. This is a very attractive property in general.

"Ballyowen" is a hugely sought after area in Lucan. This mature and established development offers the dream location as it is within walking distance of excellent schools, shops, and the bustling and village of Lucan and its huge selection of amenities. "Latouka" is minutes from the M50 motorway, the "Liffey Valley Shopping Centre", "The Super Valu Shopping Centre", the prestigious "Kings Hospital" secondary boarding school", The "Hermitage Hospital", "St. Edmundsbury Hospital" and "St. Lomans" Hospital and Dublin city centre is only 13 kilometres away. There is ample of sporting facilities in the area as well as "Lucan Golf Club" and "The Hermitage Golf Club"

This is a wonderful opportunity to acquire a superb investment opportunity

FEATURES INTERNAL:
All blinds included in sale
All light fittings included in sale
Own door apartments
Mains water, mains sewerage.
Natural gas central heating.

FEATURES EXTERNAL:
Double glazed windows
PVC facia & soffit
Outside lights
Landscaped mature gardens
Electronic front entrance gate
Property not overlooked to the back

DIRECTIONS TO GET TO THIS PROPERTY:
Head northeast on N4 toward Exit 3, At junction 3, take the R136 exit to Ballyowen//Lucan, Turn right onto R136, Turn left onto "Ballyowen Road" then take the 2nd left onto "Ballyowen Lane". Continue straight and "Latouka Apartments" will be the second apartment block on your right hand side.

DUBLIN BUS SERVICES FOR THE AREA
25 Merrion Square-Dodsboro via Lucan village
25A Merrion Square-Esker Church via Foxborough,Finnstown Abbey
25B Merrion Square-Adamstown Railway Station via Foxborough,Finnstown Abbey
25D Merrion Square-Adamstown Railway Station via Newcastle Rd
25N Westmoreland Street-Adamstown
25X UCD Belfield-Dodsboro via city centre,Lucan village
66 Merrion Square-Maynooth (straffan Road) via Lucan village,Leixlip
66A Merrion Square-Leixlip (Captains Hill) via Lucan village,Leixlip
66B Merrion Square-Leixlip (Castletown HP factory) via Lucan village,Leixlip
66N Westmoreland Street-Leixlip (Louisa bridge)via Glen Easton
66X UCD Belfield-Maynooth/Captains Hill/Castletown via Lucan By-pass
67 Merrion Square-Maynooth Railway Station via Lucan village,Celbridge
67N Westmoreland Street-Maynooth via Celbridge
67X UCD Belfield-Celbridge (Salesian College) via Lucan By-pass

SCHOOLS IN THE AREA:
Gaelscoil Eiscir Riada (01) 6210342
Adamstown Castle (01) 6540088
Esker Educate Together (01) 6547010
Griffen Valley Educate Together (01) 6219819
Lucan East Educate Together (01) 6212690


To view this property or to make a bid please contact Team Lorraine Mulligan of REMAX Results, Tel: (01) 6272770 / 6283660 or visit the auction website at www.leinsterpropertyauction.ie

Auctioneers Comments: This property is offered for sale by unconditional auction via www.leinsterpropertyauction.ie. The successful buyer is required to pay a 10% contract deposit and is required to immediately sign the sale contracts on acceptance of their bid. The buyer will be granted 28 days from the date of exchange to complete the purchase. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to the unconditional auction method of sale, which is operated by Team Lorraine Mulligan in partnership with The Leinster Property Auction.