Business
Large selection of family homes and investment properties for auction
O’Donnellan & Joyce’s next auction will be held on Friday, April 17, and will see a selection of starter homes, family homes, investment opportunities and commercial units go under the hammer.
The auctions – which are also streamed live online – regularly attract viewers as far away as the US, Australia and Dubai.
Among the €5m worth of properties up for auction are:
6 Ceannt Avenue, Mervue. A lovely three bed semi presented in good condition. Tucked away in the corner of a quiet cul-de-sac, there is a large rear garden with mature trees. The Advised Minimum Value is €125,000.
8 Parnell Avenue, Mervue. Large semi-detached property which has been recently modernised. There is also a large extension to the rear which could be used as a self-contained two-bed apartment. The AMV is €175,000.
174 Bohermore, Galway. Four-bed home with a long split-level rear garden. In need of refurbishment, so would make a good starter home or investment property. The AMV is €185,000.
9 St Anthony’s Terrace, Bohermore. An ideal project for the DIY enthusiast! The rear area/garden needs total upgrading, but it has potential as a wonderful family home. The AMV is €110,000.
85 Westbrook, Knocknacarra. A four-bed detached family home located to the rear of the development and overlooking a large green space. In showhouse condition, having been recently redecorated. The AMV is €395,000.
39 Westbrook, Knocknacarra. Four-bed detached located towards the front of the development in a quiet cul-de-sac. The AMV is €400,000.
59 Glenard Crescent, Salthill. Four bed semi in one of Salthill’s most sought-after locations. It is in need of modernisation, and boasts a large rear garden with a chalet. The AMV is €430,000.
3 Kilcrona, Revagh Road, Salthill. A two-bed apartment off Rockbarton Road, just a short walk from the Promenade. The AMV is €150,000.
38 Portacarron, Ballymoneen Road, Galway. A three-bed semi in this popular Knocknacarra estate, which would be idea for first-time buyers or investors. The AMV is €185,000.
17 Ardmore, Highfield Park, Galway. A superb four-bed family home presented in showhouse condition. Constructed in 2004, it features high ceilings, south-facing rear garden and an attic ready for conversion. The AMV is €365,000.
7 Carragh Drive, Knocknacarra. Large four-bed detached family home which was recently refurbished and presented in walk-in condition. The AMV is €420,000.
Forramoyle West, Barna. ‘Driftwood’ is a large, ranch-style family home standing on one acre of mature and manicured gardens. It enjoys panoramic views of Galway Bay and the Clare Hills. The AMV is €425,000.
7 Raleigh Row, Galway. A unique two-bed terraced property that retains most of its original features. Described as a “gem”, it will attract the eye of investors and owner-occupiers. The AMV is €160,000.
Ballyglass, Turloughmore. Located 10 minutes from Claregalway and 5 minutes from Lackagh village, is this four-bed bungalow, which was recently upgraded. It stands on 0.75 acres and has two large sheds. The AMV is €200,000.
Moneymore East, Oranmore. Bungalow off the Old Dublin Road which stands on a one acre site allowing potential to construct or extend. The AMV is €200,000.
27 Cois Chlair, Claregalway. A two-bed apartment in a complex in the village which the auctioneers believe is an opportunity for a very good rental return.
133 Gort na Coiribe, Headford Rd, Galway. A large four-bed townhouse spread over three floors and in good condition, which is currently rented. The AMV is €250,000.
Carna. A four-bed 1,500 sq ft detached holiday home constructed in 2007 and located in the centre of the village. The AMV is €80,000.
Wellpark, Galway. Four-bed detached family home being sold with tenant in place. The AMV is €170,000.
Sailin, Wellpark. Two-bed, first floor apartment adjacent to the G Hotel, which would suit a first-time buyer or investor. The AMV is €135,000.
Coill Rainne, Moycullen. Two ground floor commercial units which form part of an overall commercial/residential development located in the heart of the village. One unit is currently occupied and the other is vacant. The AMV is €70,000 each.
Athenry. Retail unit with apartment overhead, being sold with tenant in place. The AMV is €80,000.
Ballybane, Galway. Ground floor retail unit which is currently let. Overhead office space with a separate entrance and toilet facilities. The AMV is €50,000.
Station Road, Swinford, Co. Mayo. Derelict two-storey residence on a development site of 135ft in depth. The AMV is €30,000.
■ The auction takes place in the Harbour Hotel on Friday, April 17 at 3pm For further information, contact O’Donnellan & Joyce on 091 564212.
The new President of Local Ireland, the association representing local news publishers around the country, is Head of Irish Times Regionals Dan Linehan.
Mr Linehan takes over the presidency from Declan McGuire of the Connacht Tribune. His appointment was confirmed at the recent Annual General Meeting of Local Ireland at Bloomfield House Hotel near Mullingar, Westmeath.
Mr Linehan, who has served as Vice President of the organisation for the last two years, said: “The coming years are a very important time for local publishers with many important issues to be addressed, including the implementation of the Future of Media Commission recommendations, defamation reform, the role and support for local publishers in public service reporting and helping publishers develop commercial digital offerings.”
Speaking at the AGM, Mr McGuire acknowledged the work done by the Executive in the past two years under the direction of Executive Director, Bob Hughes, on several projects related to the publishing industry but most especially the successful conclusion of the long-running campaign for the abolition of VAT on newspapers.
He also wished Mr Linehan the very best in his new role as President of the association for the next two years.
Mr Hughes thanked Mr McGuire for his leadership and support during his term of office and said he looked forward to working with Mr Linehan on the key policy priorities for the association, including Government supports, Government advertising, fair remuneration for content from the tech platforms and the reform of the legislation for defamation.
Local Ireland members also elected Seán Mahon, Managing Director of the Southern Star, as Vice President for the next two years.
The shortage of affordable housing is the single biggest impediment in attracting and retaining workers in the West, according to business group Ibec.
At a ‘Regional Insights Series’ meeting in the Galmont Hotel in Galway last week, employers were told that capacity constraints and labour supply are the key challenges facing business growth in the region.
Ibec Head of Regional Policy Helen Leahy said: “There must be greater focus by government on enhancing quality of life issues such as housing and infrastructure which are driving labour shortages in the region.
“Ibec’s vision for the West is to realise its potential to become a globally competitive location. An inadequate supply of affordable housing is now the single largest impediment to attracting and retaining talented workers, without whom business investment and expansions are not possible.
“Labour shortages are a real concern for businesses in the region. People decide where to live and work based on quality of life and access to high quality services and amenities. Industry tends to follow talent, and in this regard, the region needs to have all the building blocks in place as the attraction and retention of world-class talent becomes increasingly competitive on a global level,” said Ms Leahy.
Amongst Ibec’s priorities for the West are:
- Addressing housing and infrastructure challenges
- Transitioning towards a new growth model with Net Zero energy powered by Atlantic offshore wind resources
- Adapting businesses to the new economic realities
- Enhancing capacity and skillsets to achieve sustainable development objectives
- Investment in people and skills
- Creating competitive advantage through digitalisation
- Innovation as a key driver of productivity growth
One in five Galway businesses want to go fully cashless, as the move towards card payments and tapping continues unabated post-Covid.
In all, 22% of Galway businesses would like to be fully cashless, according to a survey carried out by BOI Payment Acceptance (BOIPA), a provider of payment technology solutions, which asked Irish businesses about the current payment landscape as well as business confidence and concerns.
Over one-third (36%) of Galway businesses were unaware there is no contactless limit on mobile wallets – just below the national average – while 54% believe the increase in card over cash transactions has helped them run their business.
Six out of ten Galway businesses expect to grow this year despite the cost-of-living crisis and running costs dominating as key concerns; 62% believe their business will grow over the next twelve months despite global economic uncertainty.
Unsurprisingly cost-of-living increases and running costs were the main concerns the majority of businesses had.
For more, read this week’s Connacht Tribune.
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