Block, stock, and barrels blazing as €1.9m Model Farm Road Cork office investment follows €5m Midleton deal 

Tommy Barker says after the €5m sale of Watersedge  Midleton investment to BlackBee, this  Cork Business Technology Park property is one of the first investment opportunities of 2021, in a very quiet market of limited stock and opportunities

Block A, Cork Business and Technology Park, Model Farm Road on the market with Lisney and BidX1 for a guide price of €1.9m.

COMING on the back of a just-concluded circa €5 million investment property sale at Watersedge, Midleton, to the very active alternative investment fund BlackBee, agents Lisney bring a Cork suburban office investment to market, guiding €1.9 million.

Just listed for sale via private treaty with Lisney and joint agents BidX1, is Building A, at long-established western suburban Cork Business & Technology Park, on the Model Farm Road, and it offers a net initial yield (NYI) return of 5.85%, with reversionary scope too.