Slender apartments in city centre earns €67k a year in rent

One of the more unusual-looking self-contained apartment developments in the heart of Cork City, developed in 1998, has been put up for sale as one lot.

With seven fully occupied apartments in two slivers of blocks, it is earning €67,000 pa and is probably under-rented.

It’s guided at tempting bite size to a range of investors, at €800,000 via Cohalan Downing, who indicate that at this sort of sum it offers a 8% return to its new owners.