US investor buys Galway property

A Galway retail investment property has sold for €715,000 in one of the biggest property deals in the city in recent years.

24th February, 2013
19 William Street in Galway fetched €715,000 from an American buyer.

A Galway retail investment property has sold for €715,000 in one of the biggest property deals in the city in recent years. The sale price of 19 William Street equates to a net initial yield of 8 per cent.

According to selling agent CBRE, the property had generated interest from numerous local and overseas buyers. It is understood to have been sold to an American investor.

The property, which is let to the Galway Camera Shop at...

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