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South Douglas Road, Cork SOUTH DOUGLAS ROAD, CORK PRIME RESIDENTIAL INVESTMENT OPPORTUNITY CBRE ARE DELIGHTED TO PRESENT FOR SALE BY PRIVATE TREATY (TENANTS NOT AFFECTED) INVESTMENT HIGHLIGHTS Unrivalled location within Set in an exclusive gated close proximity to Cork City and fully landscaped centre and Douglas Village environment 62 modern high-quality Generous apartment apartments comprising a sizes with ample secure mix of one, two and three basement car-parking bed units 53 of the apartments Unique opportunity to are being sold with full acquire 100% of the vacant possession apartments within the scheme PRIME RESIDENTIAL INVESTMENT OPPORTUNITY 1 PARK AVENUE N20 M8 N25 N8 Galweys Dundanion Castle CORK CITY CENTRE N22 N40 N27 University St Finbarr’s Hospital Mahonpoint College Cork Shopping Centre Lough Mahon Mahon Golf Club Wilton Shopping Centre N40 Douglas N40 Village Douglas Golf Club Greenvalley N27 N28 Cork Airport CORK CITY CENTRE SOUTH LINK ROAD TO CORK AIRPORT / WEST CORK 2 LOCATION Cork City, with a population of 220,000 people is the of amenities which are available in both Cork City Centre Republic of Ireland’s second largest city and is the premier (1.5km) and Douglas Village (1.5km). retail, commercial, administrative and educational centre in the south. Cork County is the largest county in Ireland and The surrounding area is predominantly residential in has a population in excess of 540,000 people. There was a character with mature estate type developments including 5.1% increase in population in Cork City and suburbs from Kilcoman Lawn, Loreto Park and Heatherton. Dosco 2011-2016. 35% of people in Cork City are aged between 20- Business Park which includes a Cross Fit gymnasium, quality 39 compared with 28% nationally. butchers and fresh fish store is also located adjacent. Christ the King Girls Secondary School, Douglas Community The National Planning Framework Strategy (Project Ireland College and St. Finbarr’s Hospital are all located along South 2040) has set a target population growth of 130,000 (over Douglas Road. 50% increase) for Cork City over the life time of the Plan meaning Cork is set to be the fastest growing Irish City over The location offers excellent access to and from the city the coming years. centre and Douglas Village and is also within close proximity to the South Link road which connects the property to Cork Park Avenue is situated on South Douglas Road in an International Airport, Mahon Point shopping centre and unrivalled location within close proximity to the wide range West Cork. PRIME RESIDENTIAL INVESTMENT OPPORTUNITY 3 PARK AVENUE DESCRIPTION Park Avenue is a modern and exclusive apartment development which was completed in 2009. The apartments are laid out in four blocks comprising a total of 62 high quality one, two and three bed apartments and penthouses. The scheme is accessed through a secure gated entrance and via a private tree-lined avenue. Park Avenue is set in an attractive fully landscaped environment which has an excellent balance between a series of internal paved courtyards and open grass lawns along the length of the apartments to the rear. Throughout the gardens, there is a high level of ornamental planting of small trees, hedging and flowering shrubs. The apartments are of a generous size and finished to a high standard of specification. The accommodation consists of 6 standard one bedroom apartments (652 sq ft), 12 large one bedroom apartments (average 836 sq ft) which have additional study/dressing room/playroom, 40 two bedroom apartments (average 855 sq ft) and 4 three bedroom apartments (average 1,132 sq ft). x6 Bed x12 Bed x40 Bed x4 Bed 1 BED 1XL BED 2 BED 3 BED 652 sq ft 836 sq ft 855 sq ft 1,132 sq ft SPECIFICATION INCLUDES ¡ Each apartment has large private balconies/garden terraces ¡ Custom designed hi-gloss fully fitted kitchens with Duropal worktops ¡ Fully fitted wardrobes in bedrooms ¡ En-suite bathroom in master bedrooms ¡ Audio/video intercom access throughout the development ¡ Secure basement car-parking for 82 cars ¡ Lift access serving all floors in each block The property also includes a small creche, a cookery cottage and a first floor vacant commercial unit. 4 Cookery Cottage. Ground: Creche. First Floor: Vacant commercial unit. PRIME RESIDENTIAL INVESTMENT OPPORTUNITY 5 PARK AVENUE SCHEDULE OF ACCOMMODATION BLOCK 1 UNIT FLOOR APT NUMBER TYPE AREA SQ.M AREA SQ.FT 1 Ground 1 2 bed 68.8 741 2 Ground 2 2 bed 78.7 847 THE SILVERBIRCH 4 Ground 3 1 bed 60.5 652 3 Ground 4 2 bed 74.6 802 5 1st 5 2 bed 68.0 732 6 1st 6 2 bed 78.7 847 7 1st 7 1 bed 60.5 652 8 1st 8 2 bed 74.6 802 9 2nd 9 2 bed 68.8 741 10 2nd 10 2 bed 78.7 847 12 2nd 11 1 bed 60.5 652 11 2nd 12 2 bed 74.6 802 13 3rd 13 3 bed 103.4 1113 14 3rd 14 2 bed 83.6 900 BLOCK 2 UNIT FLOOR APT NUMBER TYPE AREA SQ.M AREA SQ.FT 15 Grd 1 2 bed 83.9 903 Large 1 bed 16 Grd 2 (with study room) 82.3 886 Large 1 bed 17 Grd 3 (with study room) 73.0 786 18 Grd 4 2 bed 80.6 868 19 Grd 5 2 bed 83.1 894 20 1st 6 2 bed 83.9 903 THE WALNUT Large 1 bed 21 1st 7 (with study room) 82.3 886 Large 1 bed 22 1st 8 (with study room) 73.0 786 23 1st 9 2 bed 80.6 868 24 1st 10 2 bed 83.1 894 25 2nd 11 2 bed 83.9 903 Large 1 bed 26 2nd 12 (with study room) 82.3 886 Large 1 bed 27 2nd 13 (with study room) 73.0 786 28 2nd 14 2 bed 80.6 868 29 2nd 15 2 bed 83.1 894 30 3rd 16 2 bed 95.4 1027 31 3rd 17 3 bed 107.0 1152 6 BLOCK 3 UNIT FLOOR APT NUMBER TYPE AREA SQ.M AREA SQ.FT 32 Grd 1 2 bed 83.9 903 Large 1 bed 33 Grd 2 (with study room) 82.3 886 Large 1 bed 34 Grd 3 (with study room) 73.0 786 35 Grd 4 2 bed 80.6 868 36 Grd 5 2 bed 83.1 894 37 1st 6 2 bed 83.9 903 Large 1 bed THE OAK 38 1st 7 (with study room) 82.3 886 Large 1 bed 39 1st 8 (with study room) 73.0 786 40 1st 9 2 bed 80.6 868 41 1st 10 2 bed 83.1 894 42 2nd 11 2 bed 83.9 903 Large 1 bed 43 2nd 12 (with study room) 82.3 886 Large 1 bed 44 2nd 13 (with study room) 73.0 786 45 2nd 14 2 bed 80.6 868 46 2nd 15 2 bed 83.1 894 47 3rd 16 2 bed 95.4 1027 48 3rd 17 3 bed 107.0 1152 BLOCK 4 UNIT FLOOR APT NUMBER TYPE AREA SQ.M AREA SQ.FT 49 Grd 1 2 bed 68.8 741 50 Grd 2 2 bed 78.7 847 51 Grd 3 1 bed 60.5 652 THE CHESTNUT 52 Grd 4 2 bed 74.6 802 53 1st 5 2 bed 68.0 732 54 1st 6 2 bed 78.7 847 55 1st 7 1 bed 60.5 652 56 1st 8 2 bed 74.6 802 57 2nd 9 2 bed 68.8 741 58 2nd 10 2 bed 78.7 847 59 2nd 11 1 bed 60.5 652 60 2nd 12 2 bed 78.7 847 61 3rd 13 3 bed 103.4 1113 62 3rd 14 2 bed 83.6 900 PRIME RESIDENTIAL INVESTMENT OPPORTUNITY 7 PARK AVENUE FLOOR PLANS - THE OAK / THE WALNUT GROUND FLOOR LIVING LIVING AREA AREA LIFT LIFT BEDROOM 2 KITCHEN BEDROOM 2 KITCHEN BEDROOM 1 BEDROOM 1 LIVING KITCHEN LIVING KITCHEN AREA AREA LIVING LIVING AREA AREA UTILITY UTILITY UTILITY BEDROOM 2 UTILITY BEDROOM 2 BEDROOM 2 BEDROOM 2 UTILITY UTILITY KITCHEN KITCHEN EN-SUITE EN-SUITE BATHROOM BATHROOM EN-SUITE BATHROOM EN-SUITE BATHROOM BATHROOM BATHROOM CORRIDOR CORRIDOR BEDROOM 1 BEDROOM 1 BEDROOM 1 BEDROOM 1 EN-SUITE EN-SUITE BATHROOM BATHROOM BEDROOM 1 BEDROOM 1 BATHROOM BEDROOM 1 BEDROOM 1 BATHROOM UTILITY UTILITY UTILITY UTILITY LIVING LIVING LIVING AREA LIVING AREA AREA AREA STUDY STUDY KITCHEN STUDY STUDY KITCHEN KITCHEN KITCHEN FIRST AND SECOND FLOORS LIVING LIVING AREA AREA LIFT LIFT BEDROOM 2 KITCHEN BEDROOM 2 KITCHEN BEDROOM 1 BEDROOM 1 LIVING KITCHEN LIVING KITCHEN AREA AREA LIVING LIVING AREA AREA UTILITY UTILITY UTILITY BEDROOM 2 UTILITY BEDROOM 2 BEDROOM 2 BEDROOM 2 UTILITY UTILITY KITCHEN KITCHEN EN-SUITE EN-SUITE BATHROOM BATHROOM EN-SUITE BATHROOM EN-SUITE BATHROOM BATHROOM BATHROOM CORRIDOR CORRIDOR BEDROOM 1 BEDROOM 1 BEDROOM 1 BEDROOM 1 EN-SUITE EN-SUITE BATHROOM BATHROOM BEDROOM 1 BEDROOM 1 BATHROOM BEDROOM 1 BEDROOM 1 BATHROOM UTILITY UTILITY UTILITY UTILITY LIVING LIVING LIVING AREA LIVING AREA AREA AREA STUDY STUDY KITCHEN STUDY STUDY KITCHEN KITCHEN KITCHEN 8 FLOOR PLANS - THE SILVERBIRCH / THE CHESTNUT GROUND FLOOR FIRST AND SECOND FLOORS LIVING BEDROOM 1 LIVING BEDROOM 2 BEDROOM 2 BEDROOM 1 AREA AREA BATHROOM BATHROOM EN-SUITE EN-SUITE UTILITY UTILITY KITCHEN KITCHEN KITCHEN KITCHEN EN-SUITE EN-SUITE BEDROOM 1 BEDROOM 1 LIVING LIVING UTILITY AREA UTILITY AREA BATHROOM BATHROOM BEDROOM 2 BEDROOM 2 BEDROOM 1 BATHROOM BEDROOM 1 BATHROOM UTILITY UTILITY BATHROOM BATHROOM KITCHEN LIVING KITCHEN LIVING KITCHEN KITCHEN AREA AREA ENTRANCE EN-SUITE EN-SUITE LOBBY UP CAR DOWN PARK ACCESS LIVING LIVING BEDROOM 2 AREA BEDROOM 2 AREA BEDROOM 1 BEDROOM 1 LIFT LIFT WWHHEEEELLIIE BIBINSNS WHWHEEEELILIEBE BININSRS RECYCECYCLILINGNG BIBINSNS RERETATAILIL UNUNITIT / SSHHOOWW APARTTMMENT CHESTNUT SILVERBIRCH WALNUT OAK BLBLOCOCKNK No.o.1 BLBLOCOCKNK No.o.5 PRIME RESIDENTIAL INVESTMENT OPPORTUNITY 9 PARK AVENUE 10 TENANCY DETAILS RESIDENTIAL (TENANTS NOT AFFECTED) Nine of the apartments are let under standard residential tenancies at a combined rent of €113,460 per annum.
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