Residential Portfolio at The Printworks, Adelaide Villas, Bray

The portfolio for sale comprises 9 generous two bedroom apartments ranging in size from 53 Sq. m to 72 Sq.m at The Printworks, Bray. The overall scheme is a modern residential development of 45 apartments completed in 2006. The Printworks is a gated community with landscaped gardens and secure underground parking. Internally, the properties are well appointed, with fully fitted kitchens and bathrooms. All units are fully fitted out to a modern standard and provide bright and spacious accommodation. The development has the benefit of a combination of surface and basement car parking. Generous size apartments with attractive layouts Surface and basement car parking Landscaped communal gardens Balconies or private rear gardens En suite bathrooms Excellent transport links close by including Bray DART station and Dublin Bus services Management Company in place: Bray Printworks Management CLG Guiding in excess of €1.55 million Producing an overall gross rental income of €105,120 per annum from 7 apartments with 2 apartments held vacant Estimated Rental Value: €151,000 per annum. 2 apartments held vacant providing immediate opportunity to increase rent and enhance return.

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Conor Niland
Conor Niland(01) 679-5265