Cork City €400,000Size: 79 sq m (850 sq ft)Bedrooms: 2Bathrooms: 2BER: B2This development is near best in class. He is selling the second floor two-bed apartment No 12 The Fastnet, in a block overlooking the River Lee’s south channel, the ‘new’ River Lee hotel and the even newer student apartment block further upriver, on the former Muskerry service station site. Other prices have ranged upwards from €230,000 back in 2014, and the three most recent Fastnet block sales are at €375,000, in January 2019, and at €375,000 and €405,000 in 2018. But, at the rate of pick-up in price, to €400,000 for a two-bed (albeit in one of the city’s most highly prized developments) the time to reconsider building may not be too far off? VERDICT: River setting by city centre and UCC’s leafy campus.
Source: Irish Examiner April 05, 2019 23:03 UTC