Clonlara’s passes half way mark in sales

New phase at Cork’s 144-home Clonlara introduces two new detached house types to the array, says Tommy Barker

Clonlara, Kerry Pike, Cork

  • Price: €315,000 -€500,000+
  • Size: 103 -192 sqm ((1,113 sq ft - 2,072 sq ft)
  • Bedrooms: 3-4
  • Bathrooms: 3-4 BER: A3

NEW, detached house types, including one with a private, external ‘garden room,’ distinguish the next phase launch of the 144 unit Clonlara new homes development, close to Cork city at Kerry Pike, and which is now over its half way mark in sales.

There have been 85 sales to date, since launching almost two years ago, back in May of 2017, according to estate agents Sherry FitzGerald, and the buyer profile so far has been mostly First Time Buyers, plus some traders/relocaters.

However, with the launch now of two new detached house types to the total Clonlara spread of nine styles or types on offer (the 1,800 sq ft/167 sq m Elm, and the 2,072 sq ft/197 sq m Sycamore, the profile of buyers and occupants is now set to widen more, to include more traders-up.

These two new types start price-wise at €465,000 for The Elm, and at €500,000 for the larger Sycamore, and at the level, it’s just at the threshold for buyers to still qualify for the Government’s ‘Help to Buy’ scheme, which allows purchasers the maximum allowed €20,000 in tax rebates.

First Time Buyers (FTBs) at this sort of level are generally a bit older, and have been renting, or living abroad, say agents Rachael O’Leary and Paul Hannon, of Sherry FitzGerald New Homes, adding that “a large number of residents have taken possession with the first two phases being occupied.”

The Price Register records 41 of the 85 sales at O’Flynn Construction’s Clonlara so far, the rest are in the process of registration and a fair number are marked in excess of €400,000, with one showing at €458,000 minus Vat, or €510,000, and that’s a Hawthorn type of 2,059 sq ft, with nine of this type offered.

Six of the nine styles at Clonlara are detacheds, including the new Elm (eight in all) and Sycamore (12 in total), the largest at 2,072 sq ft, and the O’Flynn Group development has two types of three-bed semis, and a four-bed semi-d also of 1,334 sq ft, or 124 sq m.

A new phase is being released on Saturday of next weekend, April 6th, with Clonlara’s four show units open from noon to 1PM, and while there isn’t a completed Sycamore type, keen interest is expected in this cul de sac section with their “quirky add-on, a private and sheltered external garden room for dining and entertaining in the Summer months,” according to the selling agents (see accompanying facade CGI of this house type, top right, for illustrative purposes only).

Some in this Sycamore section overlook a large green, and they are two-storey, A3-rated builds with dual aspect living spaces and each with two en suite bedrooms, starting from €500,000.

The new phase sees 20 homes in all being released, with the smaller of the three-bed semis, the Yew (1,113 sq ft/103 sq m) priced from €315,000, and the four-bed semi-detached, the Alder from €365,000.

Clonalara’s starting off prices in May 2017 were at €285,000/€295,00 for the Yew, and exactly a year ago the larger three-bed semi-ds, the 1,237 sq ft Holly, launched at €325,000.

Meanwhile, with Clonlara in Kerry Pike now so well advanced two years down the construction road, sales are taking off for the same developers O’Flynns at Ballinglanna, across the city at Glanmire, where they have permisison to build 600 homes.

There have been 30 sales alrady at Ballinglanna, since the February launch, with prices there starting at €247,000 for a 860 sq ft townhouse and three-bedroomed semi-ds, priced from €315,000 and €327,500 for a larger type.

VERDICT: Set a few miles north west of the city, close to Blarney, Apple HQ and accessible also to Ballincollig, Clonlara’s getting well bedded-down, with a village and national school, plus creche, on its doorstep.

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