Ballymun: from €295,000: Apartments in Ballymun with Section 23 tax breaks go on sale from plans today at the Lower Baggot Street offices of Hooke & MacDonald. The Plaza will adjoin the new Plaza Hotel on Main Street which opened for business last August.
Prices start at €295,000 for 48-59sq m (515-630sq ft) one-bedroom apartments at The Plaza. Two-beds of 66-85sq m (710-910sq ft) cost from €330,000.
The first 50 units are on offer from plans, out of 154 apartments when the development is completed. Owner-occupiers will be able to set a percentage of the purchase price against all income, while investors can claim against all rental income in this jurisdiction.
The apartments will be a good size, with balconies included with most units. Kitchens and bathrooms will be good quality and wardrobes will be fitted. A landscaped courtyard will form the core of the apartments and hotel.
Bennett Construction is the developer at The Plaza and design is by Michael Collins Associates. The location - convenient to the airport and Dublin City University - should facilitate rentals and a stop on the proposed Metro line is planned for Ballymun Main Street.
