Commercial Property

BidX1 guiding €2.5m for residential portfolio in Waterford

Multi-unit portfolio comprises eight houses and five apartments and are on 25-year council leases

All but two of the units being offered for sale by BidX1 are located in Waterford City or its suburbs

Investors looking for a long-term investment portfolio with a solid income stream, might be keen on a clutch of apartments and houses being sold in the sunny south east of the country.

BidX1 is guiding €2.5 million for a multi-unit residential portfolio in Co Waterford comprising eight houses and five apartments, all of which are let to Waterford City and County Council on 25-year leases.

In total, the properties generate €150,210 in rental income per ...