Bowe Property

Description

Bandon is known as `the gateway to West Cork` and is surrounded by natural unspoilt countryside. Bandon has everything that you would expect in a vibrant town plus an abundance of enjoyable destinations at its doorstep.The beautiful scenery and spirit of West Cork is close at hand.Whatever your lifestyle pursuits, life at Riverbank has a solution. For work, Cork is an easy commute a mere twenty five minutes drive. For leisure, within fifteen minutes you will find yourself relaxing on sandy beaches.Bandon is a thriving commercial town with high street shops, shopping centres,library, art galleries and stylish restaurants, bars, cafés and eateries. Riverbank offers you the opportunity to enjoy a balanced lifestyle in a stylish contemporary home.

CONTEMPORARY STYLE IN A COUNTRY TOWN

Riverbank offers the choice of one, two and three bedroom luxury apartments,duplexes and penthouses from a total of 28 units on this landmark site in the heart of the Bandon community. With its clean contemporary style of architecture that blends with and complements the historical town that is Bandon, this is an opportunity that will not come along again. Panoramic views of the river are maximised by the tasteful use of glass which also fills the homes with an abundance of natural light. This development will appeal to discerning individuals who desire privacy, a sense of tranquillity and proximity to the many and varied pleasures of West Cork.

Exclusive Design Features

KITCHEN

Custom-designed kitchen with stone worktop and upstand
Undermounted sink with composite stone fluted drainer and chrome mixer tap.
Integrated brushed stainless steel finish electric single oven & hob
Brushed stainless steel extractor hood with light
Underfloor electric heating
Integrated fridge freezer
Integrated microwave
Washer / dryer
Integrated dishwasher
Recessed ceiling downlighters

BEDROOMS

High quality carpets and blinds
Master bedroom features full-length wardrobe with generous shelf and rail space.
Bedrooms wired for telephone, broadband and terrestrial / satellite TV

BATHROOMS & EN SUITE

Bathrooms themed using Napoli Suite ware and fitted with a luxurious bath complemented with chrome fittings.
White sanitary ware with chrome-finish taps
Chrome-finish thermostatically controlled shower in en suites
High quality polished Spanish porcelain floor and wall tiling
En suite to master bedroom in all two and three bedroom apartments and duplexes
Bespoke mirror cabinets with heated demisters
Chrome heated towel rail
Underfloor electric heating
Power showers with pressurised water system
Shaver socket

LIVING/DINING ROOM

Pre-wired for home theatre and surround sound
Wide plank wooden floors
All brushed chrome electrical fittings
5 amp lighting sockets

LIGHTING / ELECTRICS / COMMUNICATION

High specification lighting features
Telephone intercom entry system with colour visual monitors
All homes pre-wired for broadband
Alarms fitted in every apartment
Telephone points in all principal rooms including the facility for broadband
Pre-wired for home theatre and surround sound
TV/ FM/satellite provision provided to living room, all bedrooms and kitchen
Brushed chrome switches and sockets
Ample twin socket outlets throughout the apartments

CENTRAL HEATING / WATER HEATING

Energy efficient gold shield electrical central heating
Pressurised hot water system
Thermostatically controlled radiators
Underfloor electric heating in kitchens, bathrooms and en suites
Economical and environmentally friendly

EXTERNAL FEATURES & LANDSCAPING

Designer lighting provided to the river walk, landscaped areas and car park
The grounds are professionallylandscaped throughout the development, enhancing the overall beauty of the natural setting
Tobermore brick paving integrated seamlessly with landscaping

SECURITY & SAFETY

Each apartment is fitted with a separate alarm
Smoke detectors in each apartment
Electronically operated gates to development
All apartments serviced by a telephone intercom entry system with colour visual monitors
Front entrances to apartments comprise high quality doors with multi-point locking
Monitored CCTV to strategic areas

CUSTOMER OPTIONS

A full fit out turnkey package is available to the purchaser

OTHER FEATURES

Private access to riverside walk
Designated car parking
Balcony or terrace to all apartments, all with river views
Direct access to apartments
Internal doors, Jeldwen ash and finished with brushed chrome door fittings
Double glazed windows throughout
Distinctive architectural style
Highly sought-after residential area
Full ten year Homebond guarantee
A management company for common area and utilities
Qualifies for owner-occupier and investor Section 23 tax relief

SECTION 23 TAX RELIEF

Riverbank is located in the Bandon Town Renewal Qualifying Area.
It comprises of 28 units which qualify for a range of tax incentives.
These comprise:
RELIEF FOR RESIDENTIAL OWNER-OCCUPIERS
Relief is granted by way of deduction from total income of the owner occupier of an amount equal to 5% of construction expenditure incurred on owner-occupied residential accommodation. The individual incurring the expenditure must be the first owner and occupier of the property after the expenditure has been incurred.
The relief may be claimed in each of the first 10 years of the life of the dwelling following construction provided that the dwelling is the
sole or main residence of the individual.
RELIEF FOR RESIDENTIAL LESSORS
An investor who acquires an apartment and lets it to a tenant under a qualifying lease is entitled to claim a deduction for the construction expenditure. If this gives rise to a rental loss in the year of the claim, the loss can be carried forward and set against the investor’s rental income in subsequent years. Wear and tear allowances are also available in respect of expenditure incurred on the fit out of the apartments at a rate of 12.5% per annum for 8 years. The wear and tear allowance can be deducted against all Irish rental income.