Property investment activity picks up Leeside

€6m-plus Cork residential  investment offered earning c.€390,000 plus €1.95m office suites with  €152,900 pa income and with a 7.84% yield 

Heron House,  Blackpool, has a floor of occupied offices for sale as an investment at €1.95m via   Barry Auctioneers.

AFTER a long quiet lull in Cork’s investment market, there are signs of spring movement with a €6.25m residential offer of 22 residential units, all fully let in the city’s southside, producing income understood to be around €390,000 pa, and an office investment at €1.95m producing €152,900 pa and a yield of 7.84%.

Offered at Blackpool Cork is a mixed, tenanted office investment at Heron House in Blackpool Retail Park, with 11,200 sq ft (1,040.51 sq m), just off the N20 Cork-Mallow/Limerick road with a range of office occupiers and professional services adjacent.