21/22 Dominick Street, Cork City, Cork

Asking Price €250,000
  • Area 350 Sq.M
  • Type Investment property

Description

ERA Downey McCarthy are very pleased to present this Development Opportunity Site situated in an historic area of the city close to the Firkin Crane, The Old Butter Exchange and Shandon. There is potential for a number of townhouses or apartments on this site subject to planning permission. A feasibility study has been carried out by the well known Architects, Magee Creedon,and they recommend that there is scope for up to 8 new units, 5 x one bedroom and 3 x two bedrooms. The majority of the apartments would be one bedroom units and all but one will have a duplex element.

No. 21 Dominick Street is a two storey four bay terrace building dating from c. 1840 and latterly in use as a public house known as 'Kay O' Mahony's'. The facade was altered in 1876 with moulded render window surrounds, round headed openings and a shopfront inserted to the ground floor. It is listed on the National Inventory of Architectural Heritage with a Regional rating.

Notable original features of the main building include timber sliding sash windows, timber fixed window to shopfront and timber panelled door with limestone threshold. Currently the building is unused and uninhabitable with floorboards, partitions and furniture stripped out. There is a small two storey return and a ground floor extension to the rear, both are flat roofed. To the rear of the site is a single storey rubble stone outbuilding also currently vacant which is built up from the rear boundary wall. This wall is a rubble stone retaining wall and the ground falls away sharply along Hill Lane giving the false impression of a two storey building. The total built footprint of the site is 175 sq. m.

The Building at no. 22 Dominick Street is a three storey three bay terrace building dating from c. 1820 and latterly also in use as an extension of the public house. The timber shopfront at the ground floor is c. 1910. It is Listed on the National Inventory of Architectural Heritage with a Regional rating. Notable features of this building include timber sliding sash windows, timber shop front and slate roof. Limestone paving stones date from the 19th century are also on the NIAH register.

No. 22 is also unused, previously the ground floor was a public house and the upper floors were used for residential purposes. There is a ground floor flat roof extension and a yard area to the rear.

The site is located in an inner city residential neighbourhood. The objective for lands zoned in these neighbourhoods is to support new residential developments to complement existing established areas. Given that this is an infill scheme and there is currently a good proportion of existing family type units on Dominick Street it may be possible to make a case for a mix of one and two bedroom units on this site. Care and sensitivity will be required in any demolition workks proposed, coupled with a high design quality for any replacement proposals.

Features

Potential to create a third floor at no. 21
Potential for up to 8 new units
Could be 5 no. one bedroom units at 50 - 55 sq. m
Plus 3 no. two bedroom units at 73 - 80 sq. m
3,700 Sq. Ft. Approx.
Dramatic views over the city from the rear
South facing aspect at the back
Both buildings are listed but not protected structures

Disclaimer

The above details are for guidance only and do not form part of any contract. They have been prepared with care but we are not responsible for any inaccuracies. All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy himself / herself by inspection or otherwise as to the correctness of each of them. In the event of any inconsistency between these particulars and the contract of sale, the latter shall prevail.The details are issued on the understanding that all negotiations on any property are conducted through this office.

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