A Hollywood actor is understood to have bought a Cork office block at the Allsop Space auction last Wednesday for €1.4 million. He appears to have got good value as the property at 57, 58, and 59 South Mall in Cork city centre generates €151,700 a year in rental income, which throws off a relatively attractive gross yield of 10.8 per cent a year for the investor.
And this return could be further increased as 343.7 square metres of...
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