Tuesday 22 October 2019

Newpark targets first-time buyers in Dublin

Newpark Adamstown, Co Dublin

Asking price: From €310,000

Agent: Savills (New Homes) (01) 618 1300 or Leahy Residential (01) 601 1800

Newpark, Adamstown, Co Dublin.
Newpark, Adamstown, Co Dublin.

First-time buyers seeking that rarity that is a new-build near the €300,000 mark within the confines of Co Dublin are the target market for Newpark, the latest in a series of developments targeting that cohort in Adamstown.

D|RES, a joint venture formed last year between Durkan Residential and Hudson Advisors Ireland, is building Newpark close to two new parks earmarked as part of the strategic development zone in Adamstown, Ireland's first planned town since Shannon in the 1960s. The scheme will ultimately consist of 92 properties.

First-time buyers dominated sales of the 44 properties released in the wake of Newpark's launch in early March. The trend is likely to continue during the launch this weekend of the second phase, which comprises 25 three and four-bed homes.

Prices start at €310,000 for a three-bed. The latest tranche also contains a new type of four-bed home from the G range, which comes with two parking spaces. This house type measures 1,564 sq ft and costs from €390,000 for a semi-detached version and from €410,000 for a detached version.

Newpark is near facilities such as a preschool, primary schools and a community college, while Adamstown train station is just 750 metres away.

The properties in the second phase of Newpark will be selling from the plans between 11am and 1pm tomorrow and Sunday. Sales will be conducted from a marketing suite at Newpark that features a mock wall leading to a full kitchen and bathroom.

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