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Tramore Town Centre, New Housing Scheme, Aldi and Surfers heaven on Copper Coast…

A weekly round up of 5 newsworthy property related topics from Tramore, Waterford:

  • Tramore Town Centre Public Realm Works – Public Information Event

This is an excellent opportunity for local business owners and residents to speak with members of Waterford Council about the long overdue and eagerly anticipated public realm works to start in Tramore Town Centre. Whilst some business owners are nervous of the impact the plan will have on retail premises in the town, I see this as a major milestone in the progression of Tramore as a dynamic, vibrant place to live and work from. The event will take place on Thursday 5th December from 3pm to 7pm and will be held on the ground floor of Tramore Library.

  • New houses released at Cluain Larach, Knockenduff, Tramore by South Eastern Construction. Final phase of these A2 rated homes price range starting at €240,000 for a 3 bed semi to €345,000 for a detached house.

More new houses are required to service an already undersupplied market. The only silver bullet to cool house prices is to build houses in areas where buyers have a strong desire to live. This was evident throughout 2017, when the first phase of this development commenced, the price of second hand 3 bed’s stabilised for 18 months. Lets hope 2020 is a year where the construction sector delivers.

  • Super to get a front page editorial on last week’s edition of the Sunday Independent for ‘Alton House’, Bracken Hill, Waterford Road, Tramore. It’s a stunning house, with views of the Bay and sandhills with contemporary living throughout. ‘Whether it’s the pull of The Good Life or the push of Dublin house prices and long commute times or a bit of both, young buyers are increasingly looking at settling in small rural towns such as Tramore, just 20 minutes’ drive from Waterford City.’

  • ALDI Opening Soon….

Another welcoming boost for the local economy is the soon to be open Aldi stores on the Strand Road in Tramore. My initial thoughts were sceptical towards the suitability of a shopping centre in the heart of Tramore’s tourist district but I have now U-turned on this. I’ll explain why, firstly the design and build is typically German, efficient, clean construction and modern external finish. This has enhanced the whole area which was looking very neglected with no glimmer of investment in sight since the demise of Celtworld. Secondly, speaking to local retailers in the area, there is excitement and enthusiasm about the level of footfall Aldi will attract to the area. These retailers are reading this opportunity correctly, don’t compete with Aldi but piggyback on the growth it will bring to the area. We have already leased out 2 buildings in the area in recent weeks , both new tenants being attracted to the area because of the retail giant.

  • Finally, its that time of the year Ho Ho Ho. Don’t be a grinch, get on board the Christmas carnival is about to begin. Lots happening around town, really looking forward to the ‘Enchanted Garden Winter Light Festival’ in the Lafcadio Hearn Japanese Gardens starting on December 6th.

Thanks for reading, yours sincerely Michael Griffin.

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