Tenants looking for residential rental accommodation in Naas, Co Kildare, can expect an increase in availability following Bord Pleanála’s recent decision to license the number of apartments in the Rathvoy Park residential development to go from 152 to 171.

The project is being developed by McGrath Group Properties, an Irish family business, and the group intends to retain ownership of the development for lettings.

The first two blocks will be completed and available for occupancy in September, with the remaining blocks being delivered in subsequent phases. Full development will be completed by the summer of next year.

McGrath Group Senior Executive Joey Walsh said: “Rathvoy Park will provide premium accommodation for people wishing to live in this vibrant area of ​​Naas, Co Kildare.

“It is a mixed-use development that focuses on the lived experience of the local community, which is one of our main goals in providing first-class residential accommodation. We build quality accommodation that is made to last, and this development will be no different.

“Our goal is to build in the most sustainable way possible with a focus on the local community and the wider environment.”

The company did not disclose expected rents. However, based on recent rents obtained per square foot, they could vary between €1,600 for one-bedroom units and €2,200 for three-bedroom apartments. The latter measures up to 1,500 square feet, which is larger than a standard three-bedroom new home.

A recent search on Daft.ie showed only three houses available for rent in Naas.

Rathvoy Park is located next to the Osprey Hotel and close to downtown Naas. The development also includes outdoor green spaces for the use of its residents, a nursery and a large community building for residents to hold meetings, parties or barbecues.

The nearby Osprey Hotel has an extensive gymnasium and leisure and spa facilities.

Earlier this year, McGrath Group sold two phases of its Elmwood development comprising 108 flats on Johnstown Road in Cabinteely, Dublin 18, to charity Clúid Housing for an estimated price of around 45 million euros. It has also undertaken developments in the United Kingdom and Germany.