The road to Naas may have become a little quieter in recent times, but a developer of new homes is banking on a return of commuters to the Co Kildare suburb.
Capital Homes, a new home division of private equity firm Capital Securities based in Tullamore, plans to build 112 houses on 14 acres over the next two years. The development, called Landen Park at Oldtown Demesne, is in a leafy historic setting near parkland and waterways. It is the first major residential development in the area since the downturn.
Ten of the houses will be on sale this weekend through agents John O’Reilly of Sherry Fitzgerald O’Reilly in Naas and Will Coonan of REA Coonan in Maynooth. Nineteen homes have been sold over the past several weeks. Brian Jaffray of Capital Homes says they hope to start moving buyers in at the end of March.
The development is close to the busy Millennium Park, home to various multinational corporations including Kerry Group’s new Technology and Innovation Centre.
While the showhouses are finished, about 17 other homes are at varying levels of completion. There are three types of houses available during this weekend’s limited launch: a house called the Pheasant is 190 sq m (2,050 sq ft), from €525,000; the Swan is 181 sq m (1,950 sq ft), from €490,000; and the Lark is 142 sq m (1,530), from €365,000.
A showhouse called The Heron, 162 sq m (1,750 sq ft), is also available to view, however that style of house will not be available until later this year. The homes are energy efficient, with an A rating. They have low U-value (heat loss) windows and external doors. Argon-filled windows reflect heat back into the room. They have A-rated gas condensing boilers and solar panels for hot water and electricity. There is underfloor heating on the ground floor and a thermal mass for passive heat storage. The houses have external plug points for electric cars.
Show units are on view Saturday, March 7th and Sunday, March 8th at 3pm-5pm.