Strong interest likely indesirable city property
Cork’s Atlanta is a bungalow in a prime pitch, a site of up to one third of an acre on Barrington’s Avenue, a hot property address just of the Blackrock Road. It is close to the Marina and Cork’s future docklands development areas, while the Ursuline Convent site in the village saw site works begin this week in advance of a September launch with 550 new homes.
One-off Atlanta comes up for sale with a €700,000 price guide under starter’s orders with Noelle Morrison, but truth be told this could be just the start of the games. What will make for a fascinating sales campaign is the fact this property has planning permission for a replacement 2,800 sq ft five-bed home, just the sort of size and quality to match the stellar, sought-after location (it comes under the Deep South Cork catch-all of a ‘good’ address.)
The recent sale of a compact cleared site with planning on Crab Lane for €800,000 may have set a sort of marker in the Blacrock/Ballintemple locale, and certainly that site had plenty of bidders who haven’t since found a consolation site or property.
Noelle Morrison says the existing four-bed bungalow with garden access from the two main reception rooms, conservatory and two bathrooms is charming as it stands, but acknowledges that in today’s cash-rich buying market it might be deemed to be not up to the standard of the mature, shrubbed and good-sized site and location.
Atlanta’s vendors looked at extension options, but were advised it might be as cheap to knock and re-build.