Apartment Portfolio, Iona Drive
Sale Agreed
€2,500,000
Property Description
HPS Real Estate are delighted to present this high-quality residential investment portfolio comprising Units 1, 2, 3, 5, 6, 9 & 10, St. Lua’s Apartments, ideally located on Iona Drive, just off the North Circular Road in Limerick City.
The portfolio comprises a total of seven luxury apartments, all of which have been recently refurbished to an exceptionally high standard. The accommodation schedule includes:
4 x One-bedroom apartments
1 x Two-bedroom apartment
2 x Two-bedroom penthouse apartments
These high-quality apartments are situated within one of Limerick’s most sought-after and prestigious residential locations, an area synonymous with strong owner-occupier appeal, excellent amenities, and consistently high rental demand.
The North Circular Road is widely regarded as a prime residential address, offering immediate access to the city centre, major employment hubs, hospitals, third-level institutions, and transport links. Demand for well-located, premium rental accommodation in this area remains exceptionally strong, underpinned by Limerick’s continued economic growth and ongoing urban regeneration.
Investment Highlights:
- Prime residential investment portfolio
- 7 luxury apartments (including penthouse units)
- Recently refurbished to a high specification
- Prestigious and established city location
- Fully let, producing a combined rental income of c. €210,000 per annum
- Strong tenant profile and proven income stream
The apartments are fully occupied, offering secure, immediate income and making this an attractive opportunity for investors seeking a high-quality residential asset in a prime Limerick location.
Further details, tenancy schedules, and financial information are available upon request.
Viewings are strictly by appointment through HPS Real Estate.
Bedrooms
10
Bathrooms
10
Sqft
5,250
Levels
Built Year
Main Location
3
North Circular Road, Limerick City














