Edenhall @theVillage, incorporates the essentials of an excellent property investment such as prime location, ready rental market, quality design and construction, added to this is the benefit of tax relief on rental income and interest relief on the borrowings.
The complex is situated on the Model Farm Road, a most desirable location in Cork. The C.I.T. currently enrolls 12,500 full-time and part-time students is within walking distance. A major student centre is being developed on campus and locally there is an award winning public sports and fitness centre.
This site is truly unique. There are numerous natural features that make this site and development so appealing. Special attention is being paid to the creation of extensive landscaping to match the existing superb natural environment. Myraoak Holdings and their architects designed the Edenhall development to complement the superb natural features of this unique site.
On site facilities @theVillage include a sports centre, conference facilities and a range of food and beverage facilities. The apartments overlook the Inchigaggin river, a tributary of the Lee, and a natural wildlife reserve giving peace and tranquility in an urban setting. The complex is suitably located to take advantage of Summer letting as it lies on the gateway to the West and the tourism centre's of Tralee, Killarney and West Cork. The accessibility to the Model Farm Road means that Edenhall is within easy reach of the city.
Edenhall @theVillage consists of 64 residential apartments with underground parking. A selection of apartment types is available offering 2, 3 and 4 bedrooms. All apartments sleep a minimum of 6 students and are on 4 floors with views of the river, the nature reserve, the roof garden or the outdoor tennis facilities. A selection of apartment types are available and are built according to strict guidelines of the section 50 regulations. These regulations control apartment size, bedroom size, en-suite amenities and the management and organisation of the development. All apartments have excellent lounges and kitchen facilities, while each bedroom is en-suite. Each bedroom has a broadband connection and lighting in accordance with study requirements.
The interior is designed with comfort yet durability in mind. All apartments are finished to the standard fit-out, this ensures that all apartments contain the necessary equipment for both the student and the non-student markets. This is beneficial for the investor in order to avail of lower cost purchasing for the original and replacement items. Capital allowances are available on the fit-out price at 20% per year for 5 years.