Buyers chasing tax incentives will need to be off the mark early for 25 apartments in one of the few remaining apartment schemes in the city which offers full tax relief for investors.
Prices range from £155,000 to £230,000 for one and two-bedroom units. Agent Hooke & MacDonald will be opening show apartments from today in the final phase of Catherine's Close, which is located in the heart of the Liberties area off Francis Street. The scheme has frontage on to Carman's Hall, Garden Lane and Ash Street.
Owner-occupiers can set off construction costs against all income, while relief on rental income is available for investors. The Christchurch/Francis Street district is an excellent letting area close to businesses, colleges and hospitals and within strolling distance of College Green. Builder Danninger Ltd is responsible for a number of high-profile projects in the city, such as the Millennium Tower on Charlotte Quay Dock and 125 Francis Street Prices range from £155,000 to £175,000 for one-bedroom apartments and from £195,000 to £230,000 for the two-bedroom units. Catherine's Close is laid out as an L-shaped three-storey block, with 42 units in the entire complex.
A landscaped courtyard spans the length of the block at entrance level and a ramp leads to the basement carpark. There is also a landscaped roof garden for the use of residents. One-bedroom apartments measuring 450 sq ft have an entrance lobby, double bedroom, bathroom and a sittingroom with fitted kitchen off. The 750 sq ft two-bedroom units have a large sittingroom with kitchen off, a bathroom and two double bedrooms.
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