Builders Fleming Construction have gone on site at Commoge Marsh, by the causeway upriver of the town in what is probably the town’s largest single house scheme, 108 homes in a scheme called Compass Quay, beside McInerney’s completed Eltin’s Wood development.
And, on the corner of Pier Road and Denis Quay in the town itself, the last 16 of 60 apartments in the Shearwater scheme go on release this Bank Holiday weekend, with a show unit open from 3-5pm today and Sunday.
Prices for the apartments individually range from €249,000 for one-bed units, through two-beds from €325,000, up to two and three bed duplexes from €368,000 right up to €450,000. The apartments are being developed by Pierse Contracting in a Wilson Architecture scheme of two-three and four storey sections, with external finishes including slate, copper and timber cladding.
Sizes range from 635 sq ft to 1,152 sq ft, and selling agents are CB Hamilton Osborne King.
Auctioneer Peter Cave of CB HOK says buyers to date have included locals, others from Cork city, and a number of UK purchasers, with a mix of owner-occupiers and investors. Ground floor retail units will be released later this summer, and each apartment has a parking space, with annual service charges likely to be c €1,000.
The prime quayside site was sold by the Punch family, who own the long-established candle factory which has relocated to new premises outside the town - burning the candle at both ends, as it were.
Out at Commoge Marsh, Fleming Construcion are pitching prices for the 108-unit Compass Quay at the affordable end of the scale, to meet local demand. Traditionally locals have been on the point of being priced out of their hometown by the influx of wealthy out-of-town buyers, although the upper level of Kinsale’s residential market has cooled considerably in the last two years.
Selling agents for Compass Quay are Cohalan Downing in Cork city, for the development, which is courtyard in style with a mix of three and four-bed homes ranging in size from 1,241 sq ft right up to four-bed, three en suite homes of 2,355 and 2,519 sq ft priced at €450,000.
Initial design was by local architect Richard Rainey, with input from Walsh Design Group, also locally based.
The location is scenic, with the bigger homes having the best views, and the site is adjacent to a bird sanctuary, one reason for initial strong local opposition.
The scheme of steel-framed houses has 73 courtyard-style terraced housing with rear lane access and 35 large detached homes. It’s just a 10 minute walk from the town, near schools.
Future developments nearby include a new community complex with swimming pool and playing pitches, says Pacelli Nolan of SWS Property Services who said the adjacent Eltin’s Wood development of 95 units had seen the last, smaller, three-bed semis sell out at about €205,000.