Apartment Portfolio, Iona Drive

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.