Gal­way hous­ing port­fo­lio at €1.6m to draw de­vel­op­ers and in­vestors

Irish Independent - Business Week - - APPOINTMENTS - Ron­ald Quin­lan

Sarah Win­ters of agent TWM is seek­ing of­fers in ex­cess of €1.6m plus VAT for 13 par­tial­ly­completed res­i­den­tial units dis­trib­uted across the Cuirt na hAb­hainn es­tate in Clare­gal­way, Co Gal­way, an es­tab­lished res­i­den­tial de­vel­op­ment within Clare­gal­way vil­lage ap­prox­i­mately 11.6kms from Gal­way city cen­tre.

Cuirt na hAb­hainn com­prises a mod­ern res­i­den­tial de­vel­op­ment of 105 units laid out to pro­vide a mix of three, four and fivebed­room units, 13 of which are in­cluded in the sale.

The sub­ject units are a mix of three and four-bed­room ter­raced and semi-de­tached units with gar­den ar­eas to the rear.

The 13 units are par­tially com­pleted to vary­ing lev­els.

Four of the houses are fully com­pleted and oc­cu­pied un­der res­i­den­tial, short-term let­ting agree­ments.

Am­ple com­mu­nal car park­ing is pro­vided di­rectly out­side each prop­erty on site.

Cuirt na hAb­hainn is sit­u­ated east of Gal­way city and is within easy ac­cess of the M6 Gal­way to Dublin mo­tor­way, as well as the

Of­fers sought:

The 13 units are par­tially com­pleted to vary­ing lev­els

N17 Gal­way to Sligo Road.

Ameni­ties at the lo­ca­tion in­clude pri­mary and post-pri­mary schools, shop­ping and ser­vice fa­cil­i­ties, and busi­ness parks.

With strong de­mand for res­i­den­tial rental ac­com­mo­da­tion and a dearth of sup­ply in the mar­ket gen­er­ally, Sarah Win­ters of TWM ex­pects to see sig­nif­i­cant in­ter­est from both de­vel­op­ers and in­vestors.

She com­ments: “This is an at­trac­tive lot size for par­ties who have an ap­petite for de­vel­op­ment and will be en­ticed by both the in­vest­ment and re-sale an­gles, and by the rental growth po­ten­tial once the units have been com­pleted.”

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