Commercial Property

BidX1 multi-unit residential investment sale will gauge appetite for property diversity

BidX1 will auction 22 apartments at Priory Quay, New Ross, Co Wexford, this month with a €1.25 million guide price

No 4 Grattan Place, located in a cul de sac between Lower Mount Street and Grand Canal Street in Dublin 2, will go under the hammer on April 11

Multi-unit residential properties are a popular investment for some because they offer the potential for diversification and stability in terms of income streams which are derived from multiple tenants and so reduce dependency on a single source.

Additionally, economies of scale often result in lower maintenance costs per unit, maximising potential returns for savvy investors.

A further test of demand for multi-unit residential property investments will be seen this month when BidX1 will auction 22 ...