Why is property so cheap on the Dock Road?

Freiheit

A lot of apartments there for giveaway prices...Is it rough?...or are they badly built..or both?.

Berty

The place is a freakin slum.

Jumpy

Freiheit wrote: »

A lot of apartments there for giveaway prices...Is it rough?...or are they badly built..or both?.

People can get houses now for the price they used to pay for apartments.

Builderfromhell

Badly built, lot of problems with leaks etc.
Also, from what I can see these apartments were designed for young single people and became popular with migrants. These people are leaving and the vacant properties are not attractive to young families. They are not suitable for even a one child family.
In comparison apartments in other European cities are larger with storage space, communal spaces for residents to interact and decent balconies.

cutymonalisa

Mount Kenneth / Steamboat Quay = utter kip.

I moved to Limerick 10+ years ago and back then it was the area to live if you were renting - many a good night had in Schooners back in the day! Why they put the Clarion there I will never know.

What a difference 10 years makes.........:rolleyes:

munstergirl

One of the apartment blocks was front page of limerick post not so long ago, about junkies.

Google any of apartment blocks or read local papers, they seem to come up in court cases a lot, its all junkies, prostitutes, even a pipe bomb.

They built too many apartment blocks in one small area, with no proper balconys or green space, most if not all were bought by celtic tiger investors.

I wouldn't live in that area if you gave me one for free.

I have noticed limerick property prices seem to be majorly dropping, gerald griffin street, shop with 2 apartments selling by liquidator €100k.

Limerick_Lass

whats the going rate for apartments there now?
Heard the walls are like cardboard in most of them!!

osarusan

Limerick_Lass wrote: »

whats the going rate for apartments there

475 in Mount Kennett

http://www.daft.ie/searchrental.daft?id=957589



580 in steamboat Quay

http://www.daft.ie/searchrental.daft?id=949650

Millie

cutymonalisa wrote: »

Mount Kenneth / Steamboat Quay = utter kip.

I moved to Limerick 10+ years ago and back then it was the area to live if you were renting - many a good night had in Schooners back in the day! Why they put the Clarion there I will never know.

What a difference 10 years makes.........:rolleyes:

Same for me when I first moved to Limerick and when we got an apt in Steamboat Quay to rent we thought we were the bee's knee's.
It was a great place back then but has degenerated so much which is unfortunate as the views of the river are amazing.

Freiheit

Is Gerald Griffin St ok? I could be interested in buying over the next year. I suspected that Dock Road was probably where much of the prostitution takes place. Didn't heat it directly but figured it.

Raiser

Freiheit wrote: »

Is Gerald Griffin St ok? I could be interested in buying over the next year. I suspected that Dock Road was probably where much of the prostitution takes place. Didn't heat it directly but figured it.

Gerald Griffin St. wouldn't be ideal, in my opinion, its mostly a mixture of Funeral Homes and crime scenes.

- Why there out of interest?

Freiheit

Oh I don't have specific interest in Gerald Griffin St, just interested in purchasing over the next year or two not far from the city. Properties on Gerald Griffin St appear cheap on Myhome.ie, but I have no particular interest in it, other than that it's in the city centre and near city amenities.

krudler

The apartments on summer st just off Gerald griffin st are fine, know a few people living there and they're nice enough.

Mount Kenneth is a HOLE, I helped a friend move in there about 3 years ago and she lasted 2 weeks, told the landlord to shove the lease up their hole, she came out her apartment door one morning got into the lift and there was a guy passed out with a needle sticking out of his arm in there. utter kip of a place. full of people coming in and out looking for the dealers who live there.

AOwannabe

Upper Gerald Griffin St is not a nice area at all, day or night.

I'm not sure about Lower GG St, there's a new development that looks nice but again the area wouldn't be my cup of tea.

Raiser

I'm not sure how long you have been in Limerick - But if you are new then def. try before you buy with a short term lease.

- The "amenities" you have mentioned can be..... elusive and The Lady that is Limerick swears, spits, fights and scratches her crotch a lot in public.

Freiheit

Your right Raiser...there probably isn't a place in the city centre where one would want to buy, at least with a view to staying a significant period. Dock Road and Steamboat Quay stand out for giveaway prices.

liammur

cutymonalisa wrote: »

Mount Kenneth / Steamboat Quay = utter kip.

I moved to Limerick 10+ years ago and back then it was the area to live if you were renting - many a good night had in Schooners back in the day! Why they put the Clarion there I will never know.

What a difference 10 years makes.........:rolleyes:

Correct.
Limerick has got practically no IDA jobs since FF have come into power in 1997, and these are the jobs you need for a thriving city centre, that's why Galway and Cork are vastly superior to Limerick now.

anti_c

limerick city is DOOMED!

liammur

anti_c wrote: »

limerick city is DOOMED!

Yes, will be very hard to stop the rot. I heard something like 56 businesses have closed down in the last year in the city. Yet, our government is prioritising dublin, cork and galway.