Apt 4, 37 Stephen Street, Waterford

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 ensuite, 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.