Cork’s Quay leads to the kingdom
Dating to 1810, No 8 North Mall with its distinctive 1860s first floor wrought iron balcony is being sold by Andrew Moore & Co who say it’s of historical significance, and could be bought as a private home, or for continued commercial use.
It comes for sale after Mr Moore successfully sold the even larger period property at 7 Wellington Road, vacated after temporary classroom use by Scoil Mhuire girls school: off St Patrick’s Hill. No 7 Wellington Road had a price guide of €375,000 when offered jointly with DTZ in November. It made close to €500,000 in competitive biding, to an education-type establishment.
Might No 7 Wellington Road’s underbidders be lured down to No 8 North Mall? It’s guided at €425,000 and was also known as Dunlaoi when used by a range of political/cultural/educational organisations over the preceding half century.
It was bought for €1.36m at auction in ’08 by the Community Housing Co-op, which is connected to the recently-expanded Quay Co-op restaurant and wholefood shop.
Coincidentally, No 8 North Mall is joined on the market also this week by two other, lesser, North Mall buildings, Nos 11 and 13, which are both in poor order after being damaged, and need full restoration. That duo, each about 2,700 sq ft, are listed with Sherry FitzGerald, at €195,000 each in raw condition, as restoration projects for a builder.
No 8 is in a different league, with about 4,200 sq ft in all - though still needs upgrading and has kept much of its original period fabric. Further sums were spent on the building since it was bought in 2008 at auction, says its selling agent Andy Moore, and prior to that, a further €275,000 was reportedly invested in it.
No 8’s arrival back on the market follows the sale of the 5,000 sq ft Nos 1&2 North Mall last year, via Lisney for €425,000; those former offices of the County Fire Services are now being restored by a private buyer, for family occupation.
Key attractions at No 8 are the river-side city centre setting, with rear off-street parking on a former, cleared coach-house site, south-facing river aspect, architectural integrity and general building soundness.
It’s close to the Franciscan Well bar and microbrewery, and across the Lee’s north channel is the Mercy/MUH hospital complex, while a building is als about to be restored, associated with mathematician George Boole whose Boolean algebra was a founding stone of modern day computing.
“No 8 North Mall is a house of historical importance which is ideally suited for family occupancy. It is being sold with vacant possession but has up to recently been fully let to office users,” says its selling agent.
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