Good turnout for Nama south Dublin apartments


It wasn’t exactly the sale of the century when Nama launched 13 apartments last weekend at Belarmine in Stepaside, but according to Sherry FitzGerald, who were appointed selling agents, there was a good turnout of first-time buyers and investors.

Sherry FitzGerald say deposits were taken on about four of the apartments over the weekend. This was the first of Castlethorn Construction’s housing developments to be sold by Nama and the first significant Nama disposal of new homes on Dublin’s southside.

The new homes are in Belarmine Hall (above) and Belarmine Plaza and are priced from from €119,950 for the one-bed apartments, reserves from €159,950 for two-bed apartments and from €189,950 for three-bed units.

Next week the Tower at Beacon South Quarter, built by Paddy Shovlin’s Landmark Developments, is expected to be launched by Nama – 13 luxury apartments at 116sq m (1,248sq ft), larger than your average three-bedroom house. They are located in a self-contained block overlooking the architecturally striking Imaginosity.

The apartments have luxurious en suites with double sinks, walk-in wardrobes and built-in coffee machines in the bedrooms.

Simon Coyle of Mazars was appointed receiver to the development by Nama and has had good successes in securing new commercial tenants to include the Ben Dunne Gym, which will complement the existing anchor stores such as Dunnes and OBriens, among others.