85 O’ Connell St, Limerick City, Limerick
85 O’ Connell St, Limerick City, Limerick
Price
Price on Request
Type
Commercial
Status
For Sale
Size
492 sq. m
BER
Description
85 O'Connell Street is an end-of-terrace, four-storey-over-basement red brick townhouse dating from around 1840. It has a railed basement area and a distinctive Ionic-columned doorcase with a fanlight, and it is recorded in the National Inventory of Architectural Heritage as being of regional importance.
Living City Initiative
The building has been redeveloped by MP Joyce Contracting. The scheme has delivered modern, high-quality city centre residential accommodation while respecting the character of the original building. It was completed using the Living City Initiative, and it was officially launched with Limerick Chamber, which held it up as a model for city centre regeneration.
Five separately approved LCI apartments.
Current estimated qualifying refurbishment/conversion expenditure: c. €1.20m.
Current estimated qualifying-cost ratio: c. 75%.
At an illustrative purchase price of €1.80m, this would equate to approximately €1.35m of qualifying expenditure attributable to the purchaser, subject to final certification and purchaser eligibility.
The value of the relief will depend on the purchaser's own tax circumstances and purchasers should obtain independent taxation advice.
Developer Specification
Comprehensively refurbished circa-1840 Georgian building, redeveloped by MP Joyce Contracting Ltd into five high-quality two-bedroom apartments.
A-rated residential accommodation, combining the character of the original Georgian property with modern standards of energy efficiency and comfort.
Energy-efficient heating and cooling systems provided within each apartment, offering year-round temperature control and air-conditioning.
Extensive upgrades to the building fabric, insulation, airtightness, fire safety and acoustic separation as part of the overall conversion works.
Revised Fire Safety Certificate in place for the completed residential conversion.
Complete renewal of the building’s mechanical, electrical, plumbing and hot-water services.
High-quality contemporary kitchens, bathrooms and internal finishes, complemented by retained historic features including exposed brickwork and original structural elements.
CCTV security system serving the building and common areas.
Dedicated basement bicycle store for residents.
Private bin storage for each apartment, with convenient rear access to the lane behind the property.
Dedicated communications/service room and separate landlord storage facilities for building management and maintenance.
One year’s maintenance support included as part of the sale, providing continuity following completion and handover.
The five apartments have been completed to a consistent, fully furnished turn-key standard, creating modern city-centre accommodation within an important historic building.
Features
- Prominent corner position on Limerick's main street
- Historic Georgian architecture, combined with modern, newly completed accommodation
- Living City Initiative refurbishment, which may be of interest to investors (buyers should take their own tax advice)
- Walking distance to shops, restaurants, education, transport and the Shannon waterfront
- Strong rental and end-user demand in Limerick City
Directions
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