DUBLIN 15/FROM €355,000:A new phase of apartments and townhouses at the Phoenix Park Racecourse development have plenty of space and style
NEW HOMES at the Phoenix Park Racecourse development off the Navan Road in Castleknock, Dublin 15 come to the market this week.
The scheme, on a 113-acre site, will comprise 2,300 houses and apartments when complete. Some 500 of these have been built and over 450 buyers have moved into their new homes.
On offer this week are 26 two-bedroom apartments with views over an 18-acre park that is being developed as part of the scheme and 14 three-storey townhouses.
Two-bedroom apartments are priced from €355,000 and three-bedroom townhouses are from € 550,000. Prices have been paired back since the last launch in 2005 when two-bedroom apartments were priced from €410,000. The three-bed houses are priced at around the same level as when they were first launched in 2004. The scheme received a major boost in January with the opening of the new €8 million train station, Phoenix Park station, beside the site.
Built by the developer, Flynn and O'Flaherty, it provides regular rail services to Connolly, Tara Street and Pearse stations, as well as to the new Docklands station.
Selling agent Hooke & MacDonald will be taking bookings for the 40 homes at a marketing suite in the refurbished gate lodge on the site from today.
Two-bedroom apartments have 75-84sq m (800-900sq ft). They are all dual aspect and have two double bedrooms (one en suite).
The three-storey three-bedroom houses have an unusual design with two entrances on the ground floor - the back one leading to the underground car-park. This level also has a bedroom and adjoining toilet.
The first floor has an attractive open-plan living/dining/kitchen. A glazed back wall makes great use out of the decent city garden which is decked and planted as standard. The garden also comes with a garden shed.
Standard finish at the Phoenix Park Racecourse development is well above average and includes oak kitchens with black granite worktops. Bathrooms have good floor and wall tiling and baths with wood panelled sides.
When complete there will be four entrances into the scheme: two from the Navan Road and two off Castleknock Road.
Rental prospects at the scheme are good, according to Mark Dunne from Hooke & MacDonald, with two-bed apartments achieving around €1,500 and three-bedroom houses €1,850.
The developer is also in pre-planning discussions with Fingal County Council about the development of a mixed-use site on a 14-acre segment of the site which will include a 200-room hotel, a national school, restaurants, a town square and a 200-room hotel when it is complete.
Previous schemes by Flynn & O'Flaherty include the Pavilion Shopping Centre in Swords, Collinswood in Drumcondra and Wainsfort Manor in Terenure.
FACTFILE
NAME:Phoenix Park Racecourse
LOCATION:off Navan Road, Castleknock, Dublin 15
PRICES:two-bed apartments from €355,000 and three-bed townhouses from €550,000
FEATURES: en suite bedrooms; oak kitchens; granite worktops; nearby train station; 18-acre park
AGENT:Hooke & MacDonald
WEBSITE: www.hookemacdonald.ie
