Tags: Student Accommodation, Student Apartments, Brookfield Hall Student Village, Property Investment
Student Village for sale €1.7m
A block of 40 apartments at Brookfield Hall Student Village close to the University of Limerick is to be offered for sale at a knockdown price of €1.7 million – the equivalent of €42,500 a unit.
Ian Lyons of Allsop, who is planning to sell the investment by private treaty, says their convenient location beside the university campus and the fact that they had a guaranteed income should guarantee considerable interest in them.
Block 8 was one of eight blocks with a total of 234 student apartments developed in a courtyard setting in 2000 and funded by private investors availing of tax breaks.