Fast-expanding Oyster Developments, with previous schemes in Kenmare, Kinsale and Cork city’s suburbs, are behind the Waterside development, just off the main Cork to Dublin road.
Location is on the site of the old Cavanagh’s garage beside the former Grand Hotel which is also being redeveloped.
Some 42 apartments are being built on Ashe Quay, overlooking a stretch of the river popular with rowing. They include one, two and three bed units of 576 sq ft to 1,119 sq ft, and are being marketed by Brian Olden of Lisney, jointly with Paul O’Driscoll of Sherry FitzGerald O’Driscoll.
Prices are competitive, and in particular compare well with similar type and sizes in Cork city. One-beds start at €130,000, two-beds start from €145,000, and the larger three-bed can be had from €175,000.
The first floor 14 units are already taken, and a number of the rest on floors two and three are also booked, said Mr Olden.
Builders are Mangerton Construction from Killarney, and the apartments will have fitted kitchens, integrated appliances, fitted wardrobes, carpets and other floor coverings, and an en suite bathroom in the two and three bed units.
Heating is electric Gold Shield storage units, and the upper floors have lift access. The ground level of Waterside will have up to 12,000 sq ft of retail space, restaurant and other uses.