Bellingham Green apartment block close to being sold

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The Bellingham Green apartment block in Castlebellingham is close to being sold to an investor.

The block, which consists of six two bed apartments, has gone sale agreed in recent days with East Coast Real Estate.

All the apartments are fully fitted out and include car parking to the rear and side of the block. Rental return is in excess of €36,00 per annum.

The block had been on the market since the summer of 2013 for an undisclosed sum.

Investor buys three Dundalk offices for €5.5m

One of the offices at Finnabair

One of the offices at Finnabair Business Park on the Inner Relief Road

A private investor has bought three office investments at Finnabair Business Park on the Inner Relief Road in Dundalk in an off-market deal for about €5.5 million.

The buildings have an overall floor area of 8,500sq m (91,492sq ft) of which about 65 per cent is occupied, showing a yield of 11.8 per cent. Tenants include Teva Pharmaceuticals, Vesta, the OPW and Prometric. The income is €680,000.

JLL and REA Gunne Property in Clanbrassil Street were joint selling agents and Declan Bagnall of Bagnall Doyle MacMahon acted for the buyer.