Tallaght: from €515,000Penthouses are on sale for the first time at the Belgard Square development in Tallaght, Dublin 24.

Hooke & MacDonald is handling the sale of two penthouses at the landmark 12-storey Virginia Hall building, part of the Belgard Square development.

Built by Shelbourne Development, Belgard Square is a €175 million development of residential and commercial units on Belgard Square west.

The scheme has a convenient Tallaght location. It is across the road from The Square shopping centre and the UCI cinema complex. The Tallaght Luas stop is nearby. Over 300 apartments have been built and occupied at Belgard Square and these two penthouses, in the Virginia Hall building, are the last units to be launched on the market.

The penthouses have panoramic views of Dublin Bay and the Dublin mountains.

A two-bedroom penthouse with 95sq m (1,030sq ft) is priced at €515,000.

A three-bedroom unit with 120sq m (1,300sq ft) of living space costs €705,000.

The penthouses have a high standard of fit-out.

There are fully fitted wardrobes in all of the bedrooms and there are modern luxurious bathroom suites that come with chrome fittings and wall tiling and ceramic floor tiles.

Flooring (timber, carpets and tiling) is standard in the penthouse. Prices also include kitchen appliances. All bedrooms are doubles.

The development qualifies for Section 23 tax incentives.

Investors can avail of tax-free rental income on all rental income earned within the state.

Owner-occupiers can obtain tax relief against all income, including PAYE, on 50 per cent of the net purchase price over a 10-year period.