Place apart in Killarney
THE first penthouse apartment resale in The Courtyard, Killarney, hits the market this season with Brian Olden of Cohalan Downing and Associates.
One of 11 units in the Oyster Developments scheme, it has an extra large balcony overlooking the Friary gardens and the McGillicuddy Reeks in the distance.
The town centre location means shops and restaurants are just a walk away and parking is available in the public car park just up the road.
Apartment 41 is one of the largest in the two-block arrangement and has 1,050 square feet of space divided into a main living area, two bedrooms and a main bathroom. But that list doesn’t do justice to the overall effect. This was a groundbreaking scheme when completed over a year ago and the quality of the finish is still striking.
Wide-plank ash flooring with square skirting, architrave and doors in the same material creates an instant contemporary feel. So, too, does the Scavolini kitchen with design-led drawers and presses and off-white quartz worktop.
There are 41 of these apartments in total and most buyers opted for the complete fit-out package, designed by Sheila Crowe and which was included in the overall price.
In this case, the vendor has fitted the apartment to their own taste so buyers still get a contemporary finish, but one that’s individual.
The living room has a russet leather sofa with cherrywood and glass dining table and TV unit: all of these fittings are included in the sale, as are the beds and linen.
Investors will find this handy as the Killarney tourist season is still strong and internet bookings for short-term let apartments is a niche but growing market. Weekly returns are also high, and, according to Mr Olden, there is strong year-round letting potential.
However, the apartments are so well fitted out, they also attract many owner-occupiers, he says.
The guide price for No 41 is €450,000, which reflects strong capital appreciation, as these units sold for somewhere in the region of €400,000 in late 2005.
The sleek limestone and cedar scheme has created a new retail element on the main road into the town and the configuration of the buildings has provided a new pedestrianised street for the retail units at ground floor level.
No 41 has video phone access and comes with Jacuzzi ware in the bathrooms along with Oyster’s signature cherrywood fittings.
Each of the two double bedrooms has fitted wardrobes that include expensive internal fittings like pull-down shelves, TV tables, lined baskets and shoe racks. The units are also mirrored and have a cherry finish.
And there’s lots of light: the main living room from has French doors to the balcony with full length windows on either side and the master bedroom, which comes with a superb en suite, also has double door access outside.
Unusually, the apartment is air-conditioned, (which also suits the visitor market), and has a pressurised, electric heating system.
It’s a fully managed development and no 41 is a walk-in job.
Architects are Kerry firm O’Sullivan Campbell.
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