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Floor 3, Block L, Model Farm Road, Cork

Sale Agreed

  Description

This property comprises 4 apartments with each apartment having either 3 or 4 bedrooms. The complex has been developed to provide top quality student accommodation for students attending CIT and UCC. Whilst Eden Hall was developed as a Section 50 development the units in Block L are not part of the Section 50 designation and can be let to non-qualifying students. The complex has its own management company on site and has a very strong letting history. 
The property is located west of the city centre on the eastern end of the Model Farm Road, just within the city boundary, before Carrigrohane Bridge. The Model Farm road is one of the main arterial roads which links the city and western suburbs to the satellite town of Ballincollig. The area in general has a mix of residential and commercial users and CIT is just a short walk.

The property comprises a single floor in a 4 storey over ground floor building which is partially attached to a similar block. The ground floor is currently vacant and must be used to provide meeting/common rooms for the students in the complex. The complex also has the benefit of a bar and bistro restaurant, Chinese restaurant, childrens play and activity centre and a spa beauticians. The development has been actively managed and is well presented.

3rd Floor: 3 x four bedroom apartments and 1 x three bedrooms apartment
(15 bedrooms)
Each bedroom is a single room with ensuite and each apartment has an open plan kitchen/ dining/living room.

Mains water, sewer, storm

Each apartment has electric heating

If the floor Block were to be fully let for the 39 week student year its ERV would be in the region of €54,000 based on the published rate for the next academic year

BER: C1-F
BER ID Numbers: Available on request
Energy Performance Indicators: Available on request

Michael Powell & Company Solicitors, 5 Lapps Quay, Cork
On application
Strictly by appointment with selling agent.






  Building Energy Rating

BER: C1
BERNo.
EPI:


  Downloads

Brochure PDF