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€130,000 - Sale Agreed

4 Bedrooms - For Sale

Contact Name: Michael Guiry
Phone: 086 3866406

Agent:
Michael Guiry Auctioneers

Location

Property Description

Watersgate Residential Development

Overview:
Monaco Homes & Developments Ltd completed this riverside housing scheme in 2008. The scheme is located in Bilberry, which is a 2 or 3 min drive from Waterford city centre.
11 houses (4 beds) and 24 apartments (2 beds) were completed. The apartments are in two blocks and overlook the River Suir.

Features of Watersgate are;
- The development is set in a beautiful riverside location
- High specification houses & apartments
- Large units; Houses 1,425 sq ft and Apartments 950 sq ft
- 2/3 min drive to City Centre
- Secure gated development
- Intercom access to all units
- Excellent value
- All apartments have balconies
- Gas fired heating system
- Concrete built
- Low management fee (2012 annual fee is €314 for apartment and €377 for house)

4 houses and 14 apartments are for sale, and can be purchased in 1 lot or multiple lots.

We are now selling the apartments for €80,000 and the houses for €130,000.
At the launch in 2008 the standard apartment was priced at €265,000 and the standard house was €320,000.

The revised represents a discount circa 70% for the apartments and circa 60% for the houses.
All shell and core units will be finished to a good standard, as soon as sales have been agreed and contracted.

The finish specification will include;
- Floor finishes
- Painted walls
- Partly tiled bathrooms & sanitary ware
- Fitted Kitchen
- Fitted wardrobes

The proposed specification for the current Shell and Core Units can be seen in Apartment 23 and House 6.

There is a strong rental demand for these apartments and this is reflected in the monthly rent achieved to date yielding in excess of 10% per annum.

Michael Guiry Auctioneers recommends early viewing on these properties to avoid disappointment. Michael can be contacted for viewing 7 days per week for viewings on these properties on 086-3866406.
Features:
•Excellent value
•Secure gated development and Intercom access to all units
•Large units; Houses 1,425 sq ft and Apartments 950 sq ft
•High specification houses & apartments
•The development is set in a beautiful riverside location

This property was last updated: 56 days ago

Selling Agent

This property is Sale Agreed

Michael Guiry Auctioneers
23/24 The Quay Waterford

Contact Name: Michael Guiry

Phone: 086 3866406

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