Lot 6092522, (d1) Apartment 4, 37 Stephen Street, Waterford City Centre, X91AV61

Excellent city centre duplex apartment currently generating a rent roll of €15,600 p.a. This equates to a 9.2% Yield which is an excellent return on investment and a rent increase is due in August 2025.
Annual Management Fee is approximately €1,000 p.a. which is very competitive.

Located in a well-maintained and modern development in the heart of Waterford City, this spacious 2-bedroom duplex apartment offers a turnkey investment opportunity with a strong rental return and quality tenant in situ.

The apartment is laid out over two levels and comprises an entrance hall, an open-plan kitchen and sitting room, two well-proportioned bedrooms including a master en-suite, and a main bathroom. Bright, airy, and finished to a high standard, the property benefits from contemporary fittings and thoughtful design throughout.

The building itself is professionally managed and maintained, ensuring long-term value and peace of mind for investors. Its central location on Stephen Street places it within walking distance of shops, cafes, public transport, and all city centre amenities — making it a highly desirable rental for professionals and tenants alike.

Whether you're expanding your portfolio or looking for a low-maintenance first investment, this property is an ideal choice with proven rental performance and strong future potential.

The property is being sold with tenant in-situ.