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A computer generated image of the new development. Source: Fuzion Communications.
A computer generated image of the new development. Source: Fuzion Communications.

First new-build homes in Cork suburb in over 20 years to cost €370k for a three-bed semi

PLANS have been revealed for the first housing development to be built in a Cork suburb for over two decades.

Developer Calder Developments Limited is building 24 homes in Frankfield, close to Douglas, with prices starting from €369,950 for a three-bed semi.

The Oaks development is described as a “niche” development with homes larger than traditional three and four-bed semi-detached houses.

In a statement, the developers said: “In response to the growing need for the delivery of high-quality housing in the Cork market, Calder Initiatives is delighted to announce details of ‘The Oaks’ at Bellevue, Frankfield. This is the first new residential development project in the Frankfield area in more than 20 years, making it a much sought-after location for families.

‘The Oaks’ is a niche Cul De Sac development of 24 new homes in a very desirable location within easy reach of Douglas village and its environs. The homes are larger than traditional three and four bed semi-detached properties, offering an A rated energy efficiency, with a superlative feel of quality incorporated into the entire feel of the project, from design to materials to layout. Three bed semi-detached properties start at €369,950.

“Calder Initiatives Limited is a wholly owned Irish company, led by Brian Madden, who is an accomplished Pan-European developer and former Group FD at Howard Holdings plc, with vast experience in the delivery of quality projects; who now lends his expertise to ‘The Oaks’ at Bellevue which is shaping up to be one of Cork’s more prestigious residential developments.” 

A computer generated image of the new development at Frankfield. Source: Fuzion Communications.
A computer generated image of the new development at Frankfield. Source: Fuzion Communications.

Mr Madden said: “Excitement is building around this unique residential scheme, which represents a fantastic opportunity to purchase something truly special in a development of urban convenience, with both a city and country lifestyle.” 

Residents in the new development will have a wide choice of schools, including Scoil Niocláis Primary School Frankfield; restaurants and bars; shopping centres; churches; and supermarkets in their locality.

For those with a sporting interest, there is a diverse range of sports clubs such as soccer, GAA, rugby, tennis and golf.

The developers added: “Conveniently located near all main road networks, including easy access to the Jack Lynch Tunnel, South Link, and the South Ring Road, the development also has a well serviced bus route to and from the city centre.” 

Funding for the project is being provided by Cork-based CLFS Wealth Management Limited; with Castlehaven Finance providing the overall Senior debt lending.

Calder Initiatives Limited is also actively involved in several other residential development projects in the Cork area with future schemes currently in the pipeline at Carrigtohill, Ballinlough and Ballincollig.

A downloadable brochure, and all details and plans, along with the specifications for 'The Oaks' can be viewed at www.theoaksbellevue.com.