Investment warehouse is Fashion City has reserve price of €600,000

By William O’Connor

THERE is over 250 properties up for auction at the next Bid X1 auction on May 22 and May 23.

Among them is a substantial warehouse investment in U37 Fashion City going under the hammer with a reserve price of €600,000.

The warehouse in Fashion City has a current rent of €74,100

The investment comprises over four adjoining retail warehouse units and has a current rent reserved €74,100 per annum.

The established logistics location is subject to four tenancies. Currently Ardwick, CJ Agencies, Elli Warehouse and Dr Bear are using this warehouse.

A detached four bedroom house in Coldwater Lakes in Saggart has a reserve price of €575,000.

The subject property is situated off Garters Lane directly opposite the main entrance to the Citywest Hotel.

The two storey has off street parking and gardens to the front and rear, also included in the auction is a third floor two bedroom apartment at the Golf Suites at Coldwater Lakes in Saggart.

The property is currently vacant and is comprised within a building arranged over ground and three upper floors. There is a reserve price of €140,000.

There is a reserve price of €175,000 for a fourth floor one bedroom apartment at The Metropolitian Apartments in Kilmainham.

A mid-terrace two bedroom house in Woodford Meadows in Clondalkin has a reserve price of €160,000. The property is subject to a tenancy at a current gross rent of €13,200 per annum.

A ground floor two-bedroom apartment at the Gables in Grangeview in Clondalkin is also going under the hammer with a guide price of €160,000.

€210,000 is the reserve price on a mid-terrace three bedroom house on Comeragh Road in Drimnagh. The property is subject to a tenancy at a current gross rent of €12,600 per annum.

A third floor three bedroom apartment at The Paddocks in Lucan has a reserve of €200,000. The property is currently vacant.