Property
Auction to net €1.75m in sales
Allsop are set to put 15 residential and commercial properties in Galway under the hammer next week, which have reserve prices totalling €1.75 million.
The properties will form part of a nationwide auction of 250 lots (with a combined reserve of €31m) in the RDS, Dublin on Thursday, February 26.
Commercial Director Robert Hoban said: “An interesting twelve months lie ahead for the property market in this, an election year. With general economic indicators looking positive, there is a renewed confidence in the property market as a target for investment.
“We expect to see an increase in the volume of residential and commercial properties placed on the market in 2016, to meet this growing demand. For example, our database of buyers has grown by 12% to over 64,000,” he said.
Highlights of the Galway properties include a detached four-bed house, together with a chalet and store room in Oranmore.
Sundowne House on the Coast Road is situated on a site extending to one-third of an acre, and the reserve price is €180,000.
There is also a detached five-bedroom tenanted house at Merlin Lane in Doughiska which carries a reserve range of €120,000 to €160,000.
In Cleggan, there is a parcel of agricultural land measuring 39 acres, as well as a detached house and outbuildings up for auction with a reserve range between €120,000 to €155,000.
There is also a selection of family homes across the county, including an attractive three-bed detached house at Cartymore North in Athenry with a reserve of €100,000; a mid-terrace three bedroom house at Danesfort Court in Loughrea with a reserve of €65,000 and a semi-detached three-bed house in Ashfield Drive, Derrymullan, Ballinasloe reserved at €50,000.
Among the commercial properties up for sale are three separate warehouses in Briarhill Business Park.
Unit 45 comprises a 9,600 sq ft ground floor retail warehouse with office accommodation overhead, currently rented to TREM House of Mercy church. The reserve price is €190,000 to €220,000.
55B is a 9,622 sq ft retail warehouse with overhead office accommodation, with a reserve of €230,000 to €250,000.
55C is a 7,000 sq ft retail warehouse with overhead accommodation and a reserve of €160,000 to €180,000.
In the city, Unit 2D on William Street West is a ground floor retail space (700 sq ft), which is currently rented at €9,600 per annum.
In Ballinasloe, a three-storey building on Main Street housing the former ‘The Usual’ bar and a retail unit has a reserve of €80,000 to €90,000.
A mixed-use building on Dunkellin Street in Loughrea (ground floor retail let at €7,200 per annum and two 2-bed apartments overhead) has a reserve price of €70,000 to €80,000.
Full details are available from allsop.ie
O’Donnellan and Joyce are handling the sale of a large four-bed detached property located in Shangort Park, Knocknacarra, in Galway.
Located just off Shangort Road, Number 11 was constructed in the early 2000s.
It is a small, quiet development comprised of a mixture or detached and semi-detached homes finished to the highest of standards and overlooking a large green area.
In terms of location, this property has all that one would require and is ideally located within a short walk of quality local schools such as Gaelscoil Mhic Ahmlaigh, Knocknacarra National School and Colaiste Na Coiribe.
An abundance of amenities include the Gateway Shopping Park (B&Q) and Tesco. There are a number of ample green spaces and playing fields close by such as McGrath’s Field, Cappagh Park and Millars Lane.
The property is also located just minutes from the stunning surroundings of Rusheen Bay and Rusheen Woods and the area also boasts a wealth of local amenities.
For more, read this week’s Connacht Tribune.
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Property firm iamsold, whose online bidding and auction platform is used by more 300 auctioneers across Ireland, is continuing to take entries for its 2023 auctions with the next dates scheduled for May 18, June 22 and July 20.
Shane May, Sales Manager for iamsold said: “Previous years have shown the May to July period is particularly strong for selling residential and commercial property. We have an excellent variety of properties currently on offer, and we are finding that there is an ongoing appetite for realistically priced property throughout the country. Our partner auctioneers have been kept busy as requests for viewings remain high.”
Among the properties for sale at the moment are:
Sky Road, Clifden. This is a two-bed property described as “character filled” set in a wonderful holiday location.
This is a traditional cottage which has been cleverly extended to retain its character with a modern living interior. The focal point is the extended living area with full and uninterrupted views over Kingstown Bay. The property is offered at bids over €525,000 and for sale by Sherry FitzGerald Mangan.
Main Street, Headford. Currently the property comprises two buildings, one of which was a public house, whilst the other was a private dwelling. Subject to planning, there is potential to extend to the rear of the property and create multiple units which could potentially provide 2 x 2 bed apartments, along with 3 x 1 bed apartments and could be eligible for the Vacant Property Refurbishment Grant, offering between €30,000 and €50,000 towards the renovations. The property is offered at bids over €145,000 and for sale by Michelle Burke Estate Agents.
For more information on the auction, call 091 882121 or visit iamsold.ie
DNG Martin O’Connor Land Sales are holding an online auction on May 11, where two lots of land in Letterfrack will go under the hammer.
The first lot is an opportunity to acquire a cottage with shed ruins on 4.34ha (10.72 acres) of top-quality land at Attirowerty. Enjoying incredible views in all direction, this land is one of the most outstanding opportunities to acquire a lovely holding of meticulously maintained farmland in the Connemara region in many years.
Bordering the Traheen River, the cottage – dating back to the 1800s – is a traditional stone built property under a galvanised roof laid out in two rooms with open fireplaces in each room. Across the yard there are the ruins of a large shed which could be renovated.
Looking south the cottage enjoys views of Ballinakill Bay, Tully Hill and Letter Hill to the west whilst to the north Diamond Hill and the Mweelrea mountains with many more hills of south Mayo are visible in the distance.
Fully enclosed by stonewalls and concrete post with wire fencing, the land laid out in three large sections provides excellent grazing with a cattle holding yard and cattle crush.
The land is suited for all types of livestock grazing with cattle farming been the main enterprise over the years on the holding. Due to its excellent order the land would be the perfect location for breeding Connemara ponies and also ideal for holding sheep due to its field system and good boundaries.
The property presents itself as an excellent proportion for those looking for a cottage hideaway that they can renovate to their own style in this scenic part of Ireland with a wonderful atmosphere surrounding it. The lands are ideally suited to existing landowners looking to expand or those looking to set up a small holding centrally located between Clifden and Letterfrack.
Lot 2, consisting of commonage lands in three sections at Attirowerty and Baunoge, amounts to 25.5 acres and is also for sale by online auction on the day.
For further information, contact DNG Martin O’Connor on 091 866708.
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