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Buy 30 houses for €400,000

This article is from page 6 of the 2012-10-23 edition of The Clare People. OCR mistakes are to be expected so download the original SWF or the rendered page 6 JPG

PROSPECTIVE home owners in East Clare can shelve the idea of buy- ing a small family home and instead pick up an entire housing estate, for just € 400,000. The partially finished estate, which is located less than a five-minute walk from the centre of Killaloe, contains two completely finished show houses, 14 houses which require some work, two in shell condition and nine at the foundation stage. Taken all together, the guide price values the estate at just under € 15,000 per house. But that’s not all, the sale also includes a second 6.3 acre site where planning permission had previously been granted for 50 houses. The entire 10-acre property is being offered to the market jointly by Harry Brann and Savills of Cork. Speaking to The Clare People yesterday, Denis O’Donoghue of Savills said there has been a lot of interest in the site since it came on the market last Wednesday. “The interest levels have been really really high, both locally and from all over Ireland. We haven’t got a serious offer yet but we have a large number of people coming to take a look at the estate over the next two weeks,” he said. “The estate is located right in the village of Killaloe. It is about a twominute walk to the river and you’d would certainly be in the middle of the village after a five-minute walk. This really is a unique opportunity for someone. “The notion of owning an entire housing estate of houses in a location like Killaloe for this price really is something that has captured people’s imaginations.” All development contributions have been paid on the estate and phase one works also have access to mains services, which would facilitate a quick completion for that section of the project.

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