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INVESTMENT OPPORTUNITY

Abbey Road, Navan Co Meath

Multi-let Investment For Sale by Private Treaty

Block A & B

Block C & D

Investment Summary

27 Apartment units in 4 blocks

18 X  1 bed apartments – Average Rent €742 per month.

29 X 2 bed apartments – Average rent €864 per month. 

5 Ground floor Commercial Units – 2 let, 3 vacant. See attached tenancy schedule

Current income – €296,000pa

Combined ERV – €351,432pa

Asking price offers in excess of €2,800,000 reflecting a net initial yield of 9.73%

and Reversionary yield of 11.55% after standard acquisition costs of 8.66%

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