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9 Lower Gerald Griffin Street, Limerick City, Limerick, V94KC5E

5 Bedroom Investment Property Contract Deposit Applies
This auction has ended!
   
Final Bid:
€265,000.00
  • Overview
  • Particulars
  • Agent Details
  • Deposit & Charges Explained

Property Overview

Rowan Fitzgerald Auctioneers in partnership with The Munster Property Auction

Offered at bids over €220,000

We are delighted to welcome to the market this fine mixed used mid terraced building which is laid out as 5 x one bed apartments with an additional ground floor commercial unit and basement.

Each apartment contains separate bedrooms, bathrooms and living/kitchen areas. There is also a laundry room in the building for occupants.

Commercial unit: approx. 58 sq. mt.
Basement: approx.. 38 sq. mt
BER G / BER 800762965

The property is currently fully occupied and for sale with tenants not affected.

The building currently yields €46,900.

Rates: Approx: €1680 Per Annum.

Tenancies registered with RTB.
Rent paid monthly.

Heating in the premises is electric.
Double glazed windows throughout.

Location:
Lower Gerald Griffin St is only minutes walk from the city centre and is close to all amenities Limerick has to offer.

TO VIEW OR MAKE A BID - Contact Rowan Fitzgerald Auctioneers on 061 279 423 or visit: www.connachtpropertyauction.ie

Starting Bid and Reserve Price

*Please note all properties are subject to a starting bids price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold Property Auctions.

Auctioneer's Comments

This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. The buyer will be granted 28 days from the date of exchange to complete the purchase. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.

Building Energy Rating (BERs)

Building Energy Ratings (BERs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an BER. BERs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Please contact us for more information about this property.

Rowan Fitzgerald Auctioneers

Local Branch: Unit 1, Ennis Road, LIMERICK
Head Office: Unit 1, Ennis Road,

Deposit & Charges Explained

9 Lower Gerald Griffin Street, Limerick City, V94KC5E

Online Auctions

A non-refundable contract deposit of 10% (minimum deposit of €6,500.00) is required to be paid by the successful bidder for this property.

The minimum deposit amount noted above is required to be pre-authorised from the bidders debit or credit card through the payment facilities on the auction website when registering to bid. A bidder has also the option of transferring the minimum deposit amount by bank transfer to iamsold's client account to authorise them to bid on the Online Auction (please note, this option may take several days).

The pre-authorisation amount will only be captured from the successful bidder on acceptance of their bid. This will form part of the non-refundable part payment contract deposit.

Any balance of the full contract deposit must be paid by the successful bidder to iamsold within 48 hours of acceptance of their bid. The deposit balance can be paid by bank draft (made out to iamsold), same day bank transfer to iamsold's client account or by debit card.

All unsuccessful bidders will have their pre-authorisations released immediately OR their bank transfer refunded within 5 working days of conclusion of an auction or withdrawal of the Lot from the Online Auction.

Bidders are required to pay a non-refundable €50.00 (including 23% VAT) registration fee per property they register to bid on.

Public Auction Event

A 10% non refundable contract deposit (minimum deposit of €6,500.00) is payable immediately on the fall of the hammer for a successful bid. The deposit must be paid in cleared funds either by Bank Draft (made out to iamsold) or by Debit Card.

 

Need More Information?

For further information or to speak to one of our team, please call 021 234 9696.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction or public auction and bids made prior to public auction may be accepted by the vendors. IAM Sold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.

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