Seabren sell 12 homes to charity Acorn Housing for €5.7 million

Seabren sell 12 homes to charity Acorn Housing for €5.7 million

By Maurice Garvey

SEABREN Developments – the company led by Michael Moran of the Red Cow Moran Hotel and Johnny O’Loughlin – has completed the sale of 12 three-bedroom houses in Walkinstown to the registered charity, Acorn Housing.

The deal carries a value of between €5.5 million and €5.7 million, or an average of €458,333 to €475,000 per house.

Cromwellsfort Rd 05 1

The houses located on Cromwellsfort

Speaking on the transaction to the Irish Times, Seabren Developments director Michael Moran, said: “Cromwellsfort Court is one of a number of our developments that will provide much-needed social housing within the Dublin City Council area.

The quality of design, construction and finish of these schemes meet the exacting standards that Seabren ensures with all our developments.

“We are particularly pleased that we employed a highly-efficient development process to provide these new homes within a short timeframe.

On site activity at Cromwellsfort Court commenced in July 2019 and was completed, including all demolition, service connections and construction, and its ultimate sale to Acorn Housing, within 12 months.

This has resulted from a high level of focus and cooperation between Seabren, our design team, Dublin City Council, utility providers and Acorn Housing.”

Seabren Developments has, to date, completed seven residential schemes within the inner south and west Dublin suburbs including two semi-detached homes at Ontario Court in Ranelagh, nine town houses at Aideen Place in Rathgar, two large four-bed homes at St Teresa’s Road at Crumlin village, a split-level period home at 23 Portobello on the Grand Canal, and four three-bed semi-detached homes at 63 Terenure Road North.

Seabren is currently finalising plans for two further housing schemes at sites it has acquired in Blackrock village and Crumlin village.

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