Apartment 1, 18 East Hill, Cobh, Co. Cork

apartment for sale by private-treaty

Property Description:

Rose Property presents: PRE 1963 FOR PLANNING A remarkable investment opportunity in the heart of Cobh. Presenting a stunning 3-story building available for sale on East Hill. This magnificent property is sure to captivate investors, offering an ideal blend of location, amenities, and breathtaking views. Don't miss out on this exceptional chance to secure a valuable asset in overlooking Cork harbour. The elevated south facing views here are SPECTACULAR! Nestled on East Hill, this building enjoys a prime position in Cobh, a historic and charming seaside town known for its maritime heritage and picturesque landscapes. With its close proximity to Cork City, East Hill offers the perfect balance of tranquillity and accessibility, making it an ideal choice for residents and visitors alike. Enjoy the convenience of living just a stone's throw away from Cobh's vibrant town centre, renowned restaurants, shops, schools, and leisure facilities. Indulge in mesmerizing views from this exceptional property. Whether you're gazing out from the windows of the top floor or enjoying the outdoor spaces, you'll be treated to stunning vistas of Cobh's quaint harbour, sparkling waters and rolling hills. The ever-changing tapestry of colours during sunrise and sunset will undoubtedly leave you in awe and provide a serene backdrop to your daily life. This 3-story building offers three well-appointed apartments, each with its own unique charm and style. The rental amounts for the apartments are as follows: Apartment 1: 46.09(m) - Rent: 739 per month - Effective from 01Feb2023 Apartment 2: 38.24(m) - Rent: 602 per month - Effective from 01Apr2023 Apartment 3: 44.30(m) - Rent 733 per month - Effective from 20Mar2023 Apartment 1: BER G Apartment 2: BER E1 Apartment 3: BER G Investment Potential: Gross monthly rent would be: 739 + 602 + 733 = 2,074 per month Gross annual rent, 2,074 x 12 = 24,888 per year With strong rental demand in the area and attractive rental amounts, this property represents an outstanding investment opportunity, ensuring a steady and lucrative income stream for the discerning investor.