Midleton development with 36 flats and drive-thru McDonald’s for sale at €7.75m

Riverside Midleton development with fully let apartments, McDonald’s drive-thru, and major commercial scope goes on market for €7.75m

Watersedge, Midleton has four blocks of residential commercial units with current combined annual income of €569,544. Agents Cushman & Wakefield guide at €7.75m for receiver of a BlackBee-related company.

A SIGNIFICANT-sized, mixed-use development in four modern riverside blocks, with 36 apartments, 33,000sq ft of commercial space, multi-storey carpark, and a key anchor tenant — a McDonald’s restaurant and drive-thru — has come for sale in East Cork’s Midleton town with a €7.75m guide.

Listed with agent Cushman & Wakefield is the Watersedge scheme, ambitiously developed in the early 2000s between Midleton town centre and the Enterprise Park, on a former mill site, next to a Lidl.