Limerick/€285,000: Apartments with Section 23 tax breaks are on sale at Old Windmill Court, a new development on Lower Gerald Griffin Street in the heart of Limerick City.
Prices at this contemporary scheme, designed by architects Murray O'Laoire for developers Old Windmill Court Partnership. are pitched overall at €285,000 for two-bedroom units averaging 73sq m (783sq ft). Sherry FitzGerald O'Malley is the sole selling agent.
Buyers can avail of tax relief at 85 per cent at Old Windmill Court. This is the final phase and apartments are ready to occupy as soon as paperwork is complete. Tenants have already moved into apartments in an earlier phase. Current rents are around €700 per month, managed by Sherry FitzGerald O'Malley.
The apartments come fully furnished and fitted out - with integrated kitchens, good quality en suite bathrooms and a high-spec finish - ready for renting, as part of the package. Underground parking is included. This development will have a full-time caretaker and concierge service, four lifts and an enclosed landscaped courtyard for residents' use.
Its location, close to Limerick's Old Quarter, is one of its main selling points, with strong rental potential.
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