Ros Álainn, Macroom, Cork

Asking Price €1,500,000
  • Type Investment property

Description

RELAUNCHED

ERA Downey McCarthy are delighted to RELAUNCH to the market this unique residential investment opportunity to acquire 18 units, 7 sites and common areas @ Ros Álainn, Macroom, Co. Cork. The properties are being sold as is, in one lot, and all tenants are unaffected (where applicable). The portfolio consists of the following properties:

2 no. 4 bed detached dormer bungalows (Ros Álainn View, Ros Álainn Heights)
4 no. 4 bed detached houses (no.’s 3, 13, 14, 15)
1 no. 4 bed semi detached house (no. 8)
3 no. 3 bed semi detached houses (no.’s 52, 53, 54)
8 no. 3 bed terraced house (no.’s 61, 63, 64, 65, 66, 67, 68, 69)
7 sites (no.’s 4, 5, 6, 46, 47, 48, 49)

SCHEDULE OF PROPERTIES

Ros Álainn View 4 bed dormer bungalow 2,567 sq ft (238.5 sqm) Incomplete B3
Ros Álainn Heights 4 bed dormer bungalow 2,567 sq ft (238.5 sqm) Tenanted B3
3 Ros Álainn 4 bed detached 2,007 sq ft (186.5 sqm) Incomplete B3
8 Ros Álainn 4 bed semi 1,541 sq ft (139 sqm) Complete C1
13 Ros Álainn 4 bed detached 2,007 sq ft (186.5 sqm) Incomplete B3
14 Ros Álainn 4 bed detached 2,007 sq ft (186.5 sqm) Incomplete B3
15 Ros Álainn 4 bed detached 2,007 sq ft (186.5 sqm) Incomplete B3
52 Ros Álainn 3 bed semi 1,158 sq ft (107.6 sqm) Complete C2
53 Ros Álainn 3 bed semi 1,158 sq ft (107.6 sqm) Tenanted C2
54 Ros Álainn 3 bed semi 1,158 sq ft (107.6 sqm) Incomplete C1
61 Ros Álainn 3 bed end terrace 1,048 sq ft (97.4 sqm) Incomplete TBC
63 Ros Álainn 3 bed end terrace 1,048 sq ft (97.4 sqm) Incomplete B3
64 Ros Álainn 3 bed end terrace 1,048 sq ft (97.4 sqm) Incomplete B3
65 Ros Álainn 3 bed mid terrace 1,048 sq ft (97.4 sqm) Shell & Core B3
66 Ros Alainn 3 bed end terrace 1,048 sq ft (97.4 sqm) Shell & Core B3
67 Ros Álainn 3 bed end terrace 1,048 sq ft (97.4 sqm) Shell & Core B3
68 Ros Álainn 3 bed mid terrace 1,048 sq ft (97.4 sqm) Shell & Core B3
69 Ros Álainn 3 bed end terrace 1,048 sq ft (97.4 sqm) Shell & Core B3
Sites 4,5,6 4 bed detached 2,007 sq ft (186.5 sqm) Greenfield N/A
Sites 46,47,48,49 4 bed semi detached 1,541 sq ft (139 sqm) Greenfield N/A


Agents :

Sean McCarthy: Mobile : 086-8385768 Email : sean@eracork.ie
Ger White : Mobile : 087-9733111 Email : ger@eracork.ie

Solicitor :Emma Lovegrove, Joynt & Crawford Solicitors, 8 Anglesea St, Dublin 2. Tel : 01-677 0335.

VAT CLAUSE
"Accountable Person", "Assignment", "Immovable Goods", "Surrender" and "Taxable Person" have the meanings attributed to those by Section 2(1) of the VAT Act; "VAT Act" means Valued Added Tax Consolidation Act 2010 and related VAT regulations. This sale is by way of :

Rented Properties – Transfer of Business relief applies
Vacant Properties – Subject to VAT
Undeveloped Sites – VAT Exempt

The Purchaser warrants to the Vendor that the Purchaser is an Accountable Person for the purposes of Section 20(2)(c) of the VAT Act and the Purchaser has taken or will take all steps necessary to be taken on the Purchaser's part so that the Sale of the Subject Property will qualify for relief from VAT under Section 20(2)(c) of the Vat Act, and that the Sale shall not be a supply of goods for the purposes of the VAT Act. The Purchaser shall indemnify and keep the Vendor indemnified against any loss, cost or liability which arises as a result of such warranty being or becoming untrue or incorrect in any respect due the act, neglect or default of the Purchaser.

The above details are for guidance only and do not form part of any contract. They have been prepared with care but we are not responsible for any inaccuracies. All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details 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 himself / herself by inspection or otherwise as to the correctness of each of them. In the event of any inconsistency between these particulars and the contract of sale, the latter shall prevail. The details are issued on the understanding that all negotiations on any property are conducted through this office.

BER Details

BER: B3 - C2

Viewing Details

Viewing strictly by appointment with Sole Agents.

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