To the Manor reborn: Fairways Carrickmines bounces back
Fairways Carrickmines Manor Carrickmines, Dublin 18
Asking price: €495,000-€625,000
Agent: Knight Frank New Homes (01) 634 2466
The Celtic Phoenix is rising from the ashes of the property crash in Carrickmines, where a new section of a once-floundering development is being built at the foothills of the Dublin Mountains.
Carrickmines Manor was launched off the plans in 2005, when three-bed houses 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 property 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.
This weekend will see the launch of a new incarnation at the development, in the form of Fairways Carrickmines Manor, a scheme on a new part of the site. The development of the new 75 contemporary-style three and four-bed homes at the Fairways section is being managed by Corcom on behalf of Grant Thornton, and is being funded by the National Asset Management Agency (Nama).
The first 20 houses at Fairways are being released tomorrow. Most of them have attics primed for a future conversion, as well as a maximum A1 BER - a rarity among new-builds. The properties are more keenly priced than their boom-era predecessors - the three-bed houses cost from €495,000. The three-beds are available in either a terraced or semi-detached style, in sizes ranging from 1,264 sq ft to 1,583 sq ft. The four-bed terraced and semi-detached houses have between 1,283 sq ft and 1,692 sq ft of living space and cost from €625,000.
The new houses have a façade finished in brick detail and render, complemented by Scandinavian alu-clad windows and a solid wood front door. There are contemporary-style bay windows off the ground floor and first floor, with a dormer protruding from the second floor of the three-storey house types.
Most of the homes have a paved driveway with space for two cars, while the remainder have allocated parking. 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 onto an enclosed garden.
QK Living supplied the handle-less matt-finish Strada kitchen, which has a mix of graphite and brilliant white-coloured units, quartz reflection countertops, under-cabinet lighting, and integrated 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 A1-rated homes are equipped with an energy-efficient air-source heat pump that provides heating and hot water, a demand-controlled mechanical ventilation system to remove stale air, and PV panels that generate renewable energy.
Fairways is close to The Park retail centre, where Iput, one of the county's biggest property funds, last month secured planning permission for a €75m retail and apartment development.
For commuters, Fairways is just off junction 15 of the M50. 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 Fairways.
The showhouses, which have been fitted out with families in mind by interior designers House & Garden Furnishings, will be open for viewings between 10am and 12pm tomorrow and Sunday.