Property worth an estimated €1.2m for sale in Carlow by public auction

The auction will be online on September 20 from 8am

Darren Hassett

Reporter:

Darren Hassett

Email:

news@carlowlive.ie

Carlow Carlow Carlow

The Royal Apartment Complex, Dublin Street, Carlow Town, Carlow (Source: Daft.ie)

A town centre mixed use investment property on Dublin Street in Carlow Town is to go on public auction and it comprises fifteen apartments, three retail units, one office unit and 370 car parking spaces. 

The property extends to approximately 1,238 sq. m (13,327 sq. ft) with ten apartments let under residential tenancies. 

The car park is occupied under an informal tenancy with NCPS. 

According to the advertisement: "The total current rent reserved €82,260 per annum with VP of 5 x apartments, 3 x retail units and 1 x office unit. 

"The property is arranged over ground and three upper floors to provide a mixed use development.

"Internally the property comprises 15 x apartments, 3 x retail units, 1 x office unit together with a five storey (370 space) multi storey car park. The property forms part of a wider mixed use development."

The county town of Carlow has a population of approximately 24,000 people (as of the 2016 Census). 

The town is situated approximately 37km to the north east of Kilkenny and approximately 86km south west of Dublin. 

Transport links in the area include the M9 Motorway with junction 5 situated approximately 6km to the south east accessed via the N80. 

The property is situated on Dublin Street, close to its junction with Tullow Street. 

Surrounding landmarks include Fairgreen Shopping Centre and Carlow Shopping Centre.