Furbished to the nines

EAGLE-EYED investors will swoop on a portfolio sale of nine apartments in Cork’s Jacobs Island — in a block called the Falcon.

Location is at the city’s peninsula end, at Mahon, where huge renewal and investment has transformed a 111-acre land parcel, put up for sale in the 1990s by Cork City Council, and acquired by Owen O’Callaghan and McCarthy Developments. Further retail and office developments have followed, bringing several thousand jobs to schemes like John Cleary Development’s City Gate and City Gate Park: with further scope for development, Mahon is Cork’s Sandyford.

Jacobs Island is also just off the city ring road and the Jack Lynch tunnel. Now, nine rented, two-bedroomed, quality apartments are for sale, singly or in lots, at an all-in guide of 850,000, or 95,000 per unit.