Rare, high-end ‘A’-rated new build in Douglas, Cork on market for €875,000

There has only been a handful of house sales above the €750,000 mark in Cork’s Douglas this year, down on previous years to date. 

Well Road, Douglas €875,000

Size: 244 sq m (2,619 sq ft)

Bedrooms: 4/5

Bathrooms: 4

BER: A2

But, when completed, the development Greenbanks of four new houses plus a larger one-off will account for four or five high-end house sale results.

Top Douglas seller this year, according to the Price Register is No 2 Carrs Hill, the former 3,200 sq ft Church of Ireland Rectory and it turns up as having made €1.32 million, well down from its initial ask of €1.85 nearly 18 months ago.

The Douglas suburb is also witnessing a number of older houses getting very substantial upgrades, but what has been missing is large, new builds, a gap that Rockforest’s Greenbanks has been filling.

Busy developer and building contractor David Walsh’s Rockforest acquired this prime Well Road 1.1acre site via Nama last year, and went on site in May to build four A-rated 4/5 bed detacheds in May, when just one (No 2) was available to buy after a previously committed buyer decided to buy in outer Douglas.

Top price paid at Greenbanks was €1m, paid for No 1 by the main Well Road entrance, while the largest of all will be on a good-sized site by the estuary, sold to a private buyer.

Now, the previously booked No 3 Greenbanks has come back to market via agent Sam Kingston of Casey and Kingston as building work trundles along on this high-end site; the previous home Greenbanks had been owned by guitarist Rory Gallagher’s mother, Monica.

Acting jointly with Cohalan Downing, Mr Kingston guides the 2,600 sq ft two-storey detached on site No 3 at €875,000, with the option of a fifth bedroom or ground floor study.

Near Hettyfield, the A2-rated houses are on modest-sized sites and internal roads and paths will be in granite sets, with natural stone boundary wall, the houses will have Donegal quartz dry-stone wall features, Danish windows, air to water heat pump heating, mechanical heat recovery ventilation systems, integrated stoves, and large, open plan kitchen/dining/living room and sun room across the back of the house, with two front rooms, while two of the four first floor bedrooms are en suite.

VERDICT: Get ready to rock and roll up to Gallagher’s Greenbanks.