Business

Multi-unit investment opportunity in Carrickmacross

The Birches Drone

A RESIDENTIAL housing development comprising eight individual three-bedroom terrace housing units has gone on the market at Carrickmacross in Co Monaghan for offers in excess of €900,000.

Sherry Fitzgerald Carroll in Dundalk agents for the sale of the units in Lough Na Glack, which is about 1.5 kilometres south east of Carrickmacross town centre,

The sale of the eight two- and three-storey style properties, interspersed throughout the Lough Na Glack development, is available collectively as one lot.

Unit sizes range from 81 sq m to 111 sq m and all properties benefit from an enclosed rear garden and communal parking.

There are a mix of vacant and occupied units, with the vacant units developed to second fix stage requiring some upgrade works, therefore providing the perfect opportunity for additional asset management on site.

The development was originally constructed in mid-2000s and provides a contemporary mix of house types and styles and is enhanced by its location adjacent to Lough Na Glack Lake.

The immediate area is well serviced by a range of amenities and services including schools, two large multiple supermarkets, a gym, Nuremore Hotel & Country Club, a library, a park and an all-weather running track.

Brian Carroll, managing director of Sherry Fitzgerald Carroll, said: “The sale of these eight houses in Lough Na Glack offers a discerning purchaser a unique opportunity to acquire an investment with additional asset management potential on site in order to maximise return.”

For further details contact Brian Carroll (brian@sfcarroll.com) or Ciara Monaghan (ciara@sfcarroll.com) on 042 933 2173.

Enjoy reading the Irish News?

Subscribe now to get full access