The first houses in a new 152-unit scheme by Ballymore, one of the leading quality house builders of the boom, will launch in Pelletstown, close to Dublin’s Phoenix Park this weekend.
Ballymore, headed by Sean Mulryan, turned its focus to the London market following the downturn, where it is now a leading builder of residential apartment schemes in the city.
Royal Canal Park, on the banks of the Royal Canal and close to Ashtown train station, follows Ballymore’s 117-unit Piper’s Hill scheme launched in Naas last year.
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This is its first major scheme in the capital since the downturn and it is likely to attract strong interest because of its location close to transport links and “seven minutes by bike” from the Phoenix Park according to promotional literature.
The first 20 three- and four-bed homes designed by O’Mahony Pike Architects are set in landscaped surrounds, and given the quality finish, the first phase looks well priced between €295,000 and €345,000.
Ranging in size from 1,227sq ft to 1,740sq ft the full brick houses are all A-rated and with high levels of insulation and an air to water heat pump system.
The three-beds feature an additional study/family room off the kitchen area with a multimedia wall, while the four-beds have two en suite bedrooms including a spacious master at second-floor level.
Luxury bathrooms come as standard with sanitary ware and fittings.
Between 2005 and 2008, Ballymore developed the first two phases of apartments at Royal Canal Park.
These apartments are now fully complete and occupied. The first 20 houses in Royal Canal Park are being launched for sale by selling agents Sherry FitzGerald New Homes, and fully furnished show homes can be viewed on Saturday and Sunday between 2pm and 4pm.
Ballymore group completed its debt repayment to Nama in recent months having repaid €1billion to it and other lenders since the downturn.
Last December it was chosen by Nama along with Singapore developer Oxley Holdings to carry out one of the largest developments planned for Dublin's docklands under Dublin City Council's new fast-track planning scheme.
