Apartments let to two approved housing bodies for sale in Kerry

Colliers guiding €10.75m for sale of combined lot in Tralee Town Centre, which equates to net initial yield of 4.66%

13th June, 2021
Apartments let to two approved housing bodies for sale in Kerry
Colliers is guiding €10.75 million for the lot, which equates to a net initial yield of 4.66 per cent after allowing for standard purchasers’ costs of 4.46 per cent and a current net income of €524,000 per annum

Colliers is handling the sale of 69 apartments let to two approved housing bodies, (AHBs), across two developments in Tralee Town Centre in Co Kerry.

The sale includes 40 units in An Sean Mhulleann, North Circular Road and 29 units in Parklands, Ivy Terrace both enjoying prominent locations in the town centre.

Colliers is guiding €10.75 million for the lot, which equates to a net initial yield (NIY) of 4.66 per cent after allowing for standard purchasers’ costs...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

Ranelagh property with shopfront for €800,000

Tallaght is in the middle of a lively period for development

Kilcock site on market for €4m

Mixed-use property in Malahide for €9.4m