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Park Court Killarney, County Kerry , V93 XR5V

Offers over €2,500,000

Size 11,500 ft²
Ber Rating

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At a glance...

Investment opportunity located in Killarney town centre;
High profile office / retail units;
Strong rental covenant in place with Government tenants;
Currently let on a 20 year lease from April 2008 at passing rent of €205,570 per annum;
The unit extends to ground floor area of 7,600 sq ft (706 sq m) and first floor area of 3,627 sq ft (336 sq m);
The property is offered for sale with the benefit of the existing tenants with scope for further rental income.
Gross yield 8.2%.

Description

Prime Investment opportunity located in the heart of Killarney town centre. Ground and first floor office units in an impressive four storey mixed use property which extends to ground floor 7,600 sq ft and first floor 3,627 sq ft. The units are superbly laid out with raised access floors, suspended ceilings, air conditioning and category 5 cabling in addition to floor to ceiling windows. For the avoidance of doubt the tenants are not affected by this sale.

Directions

The subject property is located in the centre of Killarney town adjacent to Killarney Credit Union, Killarney Tourist Office and the Plaza Hotel. Access to Killarney National Park is directly across the road. Park Court occupies a pivotal position in the centre of Killarney town with immediate access to excellent parking facilities. All of Killarney's town centre amenities are within walking distance.

Explore Kerry Kerry is one of the most scenic counties in Ireland with lush mountains, beautiful lakes and a rugged coastline. Killarney National Park stretches over 26,000 acres with forests, lakes and mountains. The Ring of Kerry provides a spectacular tour around the Iveragh peninsula and the stunning Tor... Explore Kerry

PSRA Licence No: 001042

Get in touch

Use the form below to get in touch with REA Coyne & Culloty (Killarney) or call them on (064) 663 1274