Back in May 2019, when the Celtic Phoenix had firmly risen from the ashes of the recession, a new section was released at a Carrickmines development that was once consigned as a legacy of the property market's boom and bust.
Carrickmines Manor first launched off the plans in 2005, when three-bed houses there were selling for €650,000 apiece and four-beds were priced from €720,000. Pierse Homes and property investment group RBQ developed around 271 houses and apartments at the €200m Glenamuck Road scheme before the market imploded.
RBQ was wound up in 2009, while Pierse went bust in 2010 with a deficit of €212m, leaving behind a slew of partially built sites, including Carrickmines Manor. After it was nationalised, the former Anglo Irish Bank appointed Michael McAteer of Grant Thornton as a receiver to Carrickmines Manor, which owed the failed lender some €70m.
Last year, a new incarnation at the scheme was launched, this time under the management of Grant Thornton and with funding from the National Asset Management Agency (Nama). This new section, called Fairways, Carrickmines Manor, will comprise 75 contemporary-style three and four-bed homes upon completion.
The final phase of Fairways, Carrickmines Manor has just been released, albeit during what celebrity economist David McWilliams has dubbed a "pandession" - a recession caused by a pandemic. However, average property prices have so far proven stable.
The three-bed, end-of-terrace houses at Fairways, Carrickmines Manor extend over 1,283 sq ft and cost from €515,000, while the semi-detached versions, which have between 1,264 sq ft and 1,296 sq ft of living space, are priced from €530,000. The four-bed, end-of-terrace and semi-detached properties in this last tranche measure 1,610 sq ft and have a price-tag of €615,000, and the detached, 1,692-sq ft four-beds are priced from €675,000.
The homes have facades finished in brick and render, complemented by slate-grey Scandinavian alu-clad windows and a solid wood front door to the recessed porch. There are contemporary-style box-bay windows off the ground floor and first floor, with a dormer protruding from the second floor of the three-storey house types.
The majority of the properties have a paved front driveway with space for two cars, while the remainder have two allocated parking spaces. However, all parking spaces have the option to be pre-wired for an electric car charging point. To the rear of the homes, glazed doors open on to an enclosed garden.
Most of the houses have attics primed for a future conversion, as well as an A1 energy rating - a rarity among new-builds.
QK Living supplied the handleless matt-finish Strada kitchen, which has a mix of graphite and brilliant white-coloured units, quartz reflection countertops, under-cabinet lighting, and integrated branded appliances such as an oven, a ceramic hob, and a fridge-freezer. The separate utility room has Kafal Gris tiling to the floor, Xenon grey worktops, and space for a washing machine and tumble dryer.
Upstairs, QK Living also supplied the bedroom wardrobes. The bathrooms and ensuites are fitted with Sonas sanitaryware, vanity units with gloss doors and quartz reflection tops, polished chrome heated towel rails, and Kafal Marfil tiling to the floors and walls.
The homes are equipped with an energy-efficient air-source heat pump that provides heating and hot water, as well as with a demand-controlled mechanical ventilation system that removes stale air. PV panels on the roof generate a renewable source of top-up energy supplies.
Fairways, Carrickmines Manor is close to The Park retail centre and is just off junction 15 of the M50 motorway. In light traffic, Dublin City Centre is half an hour away along the N11/M11, while the Luas stops at Carrickmines and Ballyogan Wood are within walking distance from the scheme.
The showhouses, which have been fitted out with families in mind by interior designers House & Garden Furnishings, are on view by appointment.
New Homes Premium
Adare Manor Hotel and Golf Resort in Co Limerick picked up the Hotel of the Year 2018 accolade in the Virtuoso Best of the Best Awards, just months after re-opening in the wake of owner JP McManus's multi-million-euro renovation of the five-star estate.