Property Description

Excellent City-Centre Investment Opportunity | 22 x Two-Bed Apartments | 20 Currently Let | 2 Vacant | Current Rental Income €251,076 p.a.

O’Mahony Property is delighted to bring to the market an attractive investment opportunity comprising of 22 two-bedroom apartments within the well-established Parkview Court development on Lord Edward Street, Limerick City.

Twenty apartments are currently let, providing an established rental income stream, while the two vacant apartments offer scope for further rental income.

--THE PROPERTY--

Each apartment provides well-proportioned two-bedroom accommodation, generally comprising of an entrance hallway, open-plan living and dining area, fitted kitchen, two bedrooms and a main bathroom.

The apartments benefit from excellent natural light and practical layouts suited to modern city living. The development provides an established residential setting within easy reach of the extensive amenities and services available in Limerick City Centre.

--INVESTMENT OPPORTUNITY--

The sale of 22 apartments within one established development provides an investor with the opportunity to acquire a substantial residential portfolio with an existing income stream.

The 20 occupied apartments currently produce €251,076 per annum in gross rental income. All 20 current tenancies were in place prior to 1 March 2026. Rent increases in line with RTB rules are available across all 20 let apartments, subject to the applicable rent review dates and notice requirements.

This offering forms part of a larger portfolio sale that also includes 22 two-bedroom apartments at Carraigroe, Mitchelstown, Co. Cork. Offers are invited for either location individually or for the entire 44-apartment portfolio as one lot.

Further information, including the detailed rental schedule, tenancy information and sale particulars is available from O’Mahony Property.

--LOCATION--

The property is within comfortable walking distance of O'Connell Street, The Milk Market, Arthur's Quay and the city-centre retail and commercial districts, together with a wide range of cafés, restaurants, bars, gyms and other amenities.

The location also provides access to public transport and Limericks major employment and educational centres. University of Limerick, TUS Midwest, University Hospital Limerick and the cities principal road and motorway networks are all readily accessible.

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These particulars and terms are the responsibility of all prospective purchasers/lessees to independently verify and satisfy themselves regarding the accuracy of the information provided. O’Mahony Property shall not be liable for any loss or expenses incurred in visiting the property if it is found unsuitable, sold or withdrawn. Interested parties are advised to satisfy themselves regarding all matters relating to the property, including measurements, services, fixtures, fittings, tenancy information and rental details. All measurements provided are approximate and photographs are for guidance purposes only. Prospective purchasers should undertake their own due diligence and obtain independent legal, tax and financial advice as appropriate.

BER Details

BER No. 101407955

Energy Performance Indicator: 161.27 kWh/m2/yr

This property was last updated: 4 days ago