THE first phase of PriorsGate, a landmark Section 23 development in Tallaght, Dublin, one of the fastestgrowing residential and commercial centres in the country, will be of interest to investors and owner-occupiers looking for well-located property with attractive investment potential. Hooke & MacDonald has just launched 50 units off-plan at its offices in Baggot Street, Dublin.
Building work has just commenced at the development, which is located on the corner of the Tallaght bypass and the Greenhills Road. The first units are due for completion by autumn 2007.
Close to Tallaght Town Centre, the Luas and a wide range of amenities, the development is a fully integrated scheme in the heart of an area undergoing significant regeneration. When completed, PriorsGate will comprise of 198 residential units and retail units including a pharmacy, convenience store, banking facilities and creche.
Designed by JNP Architects, the development incorporates three blocks of five to six storeys in height. The apartments boast spacious, well-proportioned rooms with stylish contemporary features.
The one-bed apartments span 47sq m to 63sq m (510sq ft to 680sqft) and start from 290,00; two-bed apartments span 62sq m to 81sq m (670sq ft to 875sq ft) and start from 365,000.
All apartments have large balconies, many with impressive views, and they include high-quality fitted kitchens and bathrooms as well as fitted wardrobes, underground parking and landscaped garden area and a central courtyard.
Ideally located for both investors and owner occupiers, the Section 23 tax relief of circa 60% offers purchasers generous tax benefits provided they retain the property for a 10-year period.
Price: one-beds from 290,000;
two-beds from 365,000 Agent: Hooke and MacDonald, 01-631 8402
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