Two bedroom apartment located at a development adjacent to the Former Two Mile Inn hotel fronting the Limerick to Shannon / Ennis Dual Carraige Way and only 15 mins to Shannon Airport. Coonagh Cross Shopping Centre and TUS Coonagh Campus is only 4 mins away. The location will also benefit from the Coonagh to Knockalisheen Distributor Road Project currently under construction which will include the construction of a 2.1 km new urban dual carriageway, major improvements to existing roads, and the development of pedestrian and cyclist facilities.

Originally constructed in 2005 as part of the Two Mile Inn Apart Hotel Development, this apartment is fully furnished and fitted out making it an ideal investment opportunity. The unit is currently managed as part of a pooled rent scheme. 

The property extends to approx. 76 sq.m and comprises 2 bedrooms, bathroom, open plan kitchen, dining and living area.

The planning permission granted states that the unit cannot be owner occupied and can only be purchased as an investment. 

•    Please note that there are certain conditions as part of the planning permission granted. 
•    The unit cannot be purchased and then occupied by the purchaser. 
•    The unit cannot be purchased and rented privately. 
•    The unit is currently rented as part of a group of suite holders who formed a partnership to rent the units to the hotel.
•    The management company is Great National Hotels.
•    All expenses eg management charge, utilities & sinking fund etc are deducted from the pooled rents and the remaining rent is distributed to the    investors. 
•    €5,000 net rental income has paid to date for 2025 to each investor.Further details available on request. 

Asking price: €60,000

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.