On Friday February 25 at 12 noon, auctioneer Colm O’Donnellan welcomed the people of Ireland into his digital auction room which was broadcast remotely by Brandt Studios on the O’Donnellan & Joyce company website and social media platforms for all to see.
The O’Donnellan & Joyce nationwide property auctions have quickly become the live stream property auction to watch as Colm O'Donnellan and his team offer cutting edge performances to their national and now international audience. The combination of modern technology, the live stream auction, and interaction with the auctioneer has been a huge success as Colm O’Donnellan maximises the price and the sale of the property. The company continued its high success rate at the first of seven auctions of 2022 with nearly €5 million in sales revenue and an 85 per cent success rate, with some of the remaining lots now under offer.
O’Donnellan & Joyce also offers virtual property viewings alongside in-person viewings, and these were available on all lots. These virtual tours could be viewed on the company website and various property portals. The remote nature of the video tours meant that a much greater audience could get a feel for any property in which they had an interest, and many people are purchasing homes without even physically viewing them. A number of winning bids on the day came from international bidders in Canada, Bulgaria, UK, and Holland who purchased their properties after viewing virtual tours.
Having more than 250 pre-registered bidders signalled to the team that there is still a great deal of money available in the marketplace and demand is strong for homes in Galway city and county, and across the country. With the shortage of new homes coming on stream, the O’Donnellan & Joyce auction provides an ideal platform to achieve a great sale price for your property while offering a fair and transparent method for purchasers to rely on.
Commencing at 12 noon last Friday, bidders viewed the auction from the comfort of their own homes and offices, while bidding by telephone, proxy, and internet bidding. Some of the successful sales on the day include:
Lot 1 - No 6 Renmore Road, Renmore, Galway
No 6 Renmore Road, the ultimate family home, was the star of the show on the day. This property was a spacious detached four bedroom family home on a substantial site. Situated in Renmore on the east side of Galway city, just off the old Dublin Road, this area is one of the most sought-after suburbs in Galway. The auctioneer accepted close to 20 bids from a total of 16 bidders. The lot commenced at the AMV price of €350,000 but quickly rose in increments of €5,000 until the final few moments when the bids rose in increments of €1,000. The final sale price was €467,000.
Lot 2 - No 81 Forster Court, Forster Street, Galway
This was a semidetached residence located in Galway city centre close to all the amenities Galway has to offer. Although the property is in good condition throughout, it could benefit from some cosmetic upgrading. Nonetheless, this did not put off prospective buyers and after intense bidding, the final sale price was €395,000.
Lot 3 - No 159 Dun Na Coiribe, Headford Road, Galway
No 159 Dun na Coiribe was a five bedroom semidetached residence situated in a beautifully landscaped and well maintained development, ideally situated within minutes' walk of NUIG, UHG, and Galway Shopping Centre. This property attracted a lot of interest from potential investors. Bidding commenced at the AMV of €320,000 and it eventually went under the hammer for €405,000.
Lot 4 - No 11 Gort Na Coiribe, Headford Road, Galway
No 11 Gort na Coiribe was a four bedroom townhouse situated within a purpose built student accommodation complex. This is an extremely popular complex for students and also attracted a lot of interest from potential investors. The sale concluded at a sale price of €285,000.
Lot 5 - No 42 Dun Aengus, Dock Street, Galway
This truly outstanding modern city centre townhouse boasted five bedrooms and three bathrooms. Situated in the heart of Galway city, this property was within easy access of all amenities and services. The property was an ideal opportunity to acquire a piece of real estate of exceptional quality in the city centre. The lot commenced at the AMV price of €355,000 and quickly rose in increments of €5,000 to the final sale price of €480,000.
Lot 8 - No 21 Mullan Mor, Tuam Road, Galway
This beautifully decorated ground floor two bedroom apartment, tucked away at the end of a terrace of similar homes in Mullan Mor, was a credit to its current owners. The property concluded at the sale price of €195,000 and will provide the buyer with an ideal investment or starter home.
Lot 11 - Lurgan, Loughrea, Co Galway
This was a rare opportunity to purchase a superb renovation project. The property is on a site measuring approximately one acre, with ample space to the front, side, and rear in a quiet rural location less than 10 minutes’ drive from both Loughrea and Craughwell. This property was the perfect opportunity for a DIY enthusiast. Bidding on this lot concluded at €194,000, which was €34,000 over its reserve price. It is sure to become a spectacular property once renovations are complete.
Lot 17 - No 81 Renville Village, Oranmore, Co Galway
This was a detached residence located within the popular Renville Village development on the edge of the internationally acclaimed Galway Bay Golf & Country Club. This spacious residence was maintained in good condition throughout. The lot sold for €290,000.
Lot 20 - No 15 Coachman Apartments, 40 Dominick Street Lower, Galway
This charming one bedroom, second floor, apartment was ideally located on Dominick Street, a highly desirable neighbourhood in Galway’s West End. Despite being close to many pubs and restaurants, No 15 Coachman Apartments was tucked away to the rear of the building, making it a quiet and comfortable setting. The property attracted great interest from the market with many inquiries from people looking to pre-register to bid. After intense bidding with a many bids from multiple interested bidders, the sale concluded at a sale price of €195,000.
Lot 22 - No 141 Ti Neil, Gleann na Ri, Renmore, Galway
This property was a two bedroom second floor apartment situated within the well managed Glenna na Ri complex which is close to GMIT and Merlin Park Hospital. This was an excellent investment opportunity for the buyer and the sale concluded at €160,000.
Lot 25 - Bridge Road, Portumna, Co Galway
This commercial premises, which formerly traded as a filling station and convenience store and was being sold with two overhead residential apartments, attracted a huge amount of interest from the market prior to the auction. The auctioneer accepted close to 30 bids from multiple interested bidders and after intense bidding, the property, which commenced at the AMV of €120,000, sold for €535,000, which as an unbelievable €415,000 over the reserve price.
There were many other sales on the day that exceeded the expectations of both the vendors and the auction team. A detached cottage in Derrynalicka in Kilrush, Co Clare, went for €160,000 - €15,000 over its reserve price. A commercial property in Duagh village, Co Kerry, also sold for well over its reserve price, showing the demand for property even in local towns across Ireland. On the opposite side of the country, in Finglas, Dublin 11, a one bed ground floor apartment attracted a number of interested parties. The bidding commenced at €140,000 and concluded at €183,000 with bids coming in from both internet and telephone bidders. Lot 9 of the day, a traditional farmhouse in Monasterboice, Co Louth, sold for €150,000 after nearly 20 bids. From a starting bid of €50,000, this property is a prime example of the level of interest and final sale price that can be achieved by selling by public auction.
The O’Donnellan & Joyce property auctions have become one of the top property auctions in Ireland as Colm O’Donnellan and his 15-strong team offer cutting edge performances to their national and international audiences.
With an 89 per cent success rate over the past year, the company is soaring in terms of stock sold, sale prices achieved, and revenue generated for vendors. This was the first of seven auctions of 2022. The company's next auction is taking place in-person on Friday April 8 in the Harbour Hotel, Galway, and promises to be an exciting one with a wide range of properties going for auction in Galway and across the country.
If you are thinking of selling your property, O’Donnellan & Joyce offers free ‘thinking of selling’ property valuations. To avail of the offer, all you have to do is call or email the auction team and a member of staff will arrange to carry out a valuation of your property. The team can be contacted on (091 ) 564212 or by emailing [email protected].
Further details and the full auction results can be found on www.odj.ie
homes without even physically viewing them. A number of winning bids on the day came from international bidders in Canada, Bulgaria, UK, and Holland who purchased their properties after viewing virtual tours.
Having more than 250 pre-registered bidders signalled to the team that there is still a great deal of money available in the marketplace and demand is strong for homes in Galway city and county, and across the country. With the shortage of new homes coming on stream, the O’Donnellan & Joyce auction provides an ideal platform to achieve a great sale price for your property while offering a fair and transparent method for purchasers to rely on.
Commencing at 12 noon last Friday, bidders viewed the auction from the comfort of their own homes and offices, while bidding by telephone, proxy, and internet bidding. Some of the successful sales on the day include:
Lot 1 - No 6 Renmore Road, Renmore, Galway
No 6 Renmore Road, the ultimate family home, was the star of the show on the day. This property was a spacious detached four bedroom family home on a substantial site. Situated in Renmore on the east side of Galway city, just off the old Dublin Road, this area is one of the most sought-after suburbs in Galway. The auctioneer accepted close to 20 bids from a total of 16 bidders. The lot commenced at the AMV price of €350,000 but quickly rose in increments of €5,000 until the final few moments when the bids rose in increments of €1,000. The final sale price was €467,000.
Lot 2 - No 81 Forster Court, Forster Street, Galway
This was a semidetached residence located in Galway city centre close to all the amenities Galway has to offer. Although the property is in good condition throughout, it could benefit from some cosmetic upgrading. Nonetheless, this did not put off prospective buyers and after intense bidding, the final sale price was €395,000.
Lot 3 - No 159 Dun Na Coiribe, Headford Road, Galway
No 159 Dun na Coiribe was a five bedroom semidetached residence situated in a beautifully landscaped and well maintained development, ideally situated within minutes' walk of NUIG, UHG, and Galway Shopping Centre. This property attracted a lot of interest from potential investors. Bidding commenced at the AMV of €320,000 and it eventually went under the hammer for €405,000.
Lot 4 - No 11 Gort Na Coiribe, Headford Road, Galway
No 11 Gort na Coiribe was a four bedroom townhouse situated within a purpose built student accommodation complex. This is an extremely popular complex for students and also attracted a lot of interest from potential investors. The sale concluded at a sale price of €285,000.
Lot 5 - No 42 Dun Aengus, Dock Street, Galway
This truly outstanding modern city centre townhouse boasted five bedrooms and three bathrooms. Situated in the heart of Galway city, this property was within easy access of all amenities and services. The property was an ideal opportunity to acquire a piece of real estate of exceptional quality in the city centre. The lot commenced at the AMV price of €355,000 and quickly rose in increments of €5,000 to the final sale price of €480,000.
Lot 8 - No 21 Mullan Mor, Tuam Road, Galway
This beautifully decorated ground floor two bedroom apartment, tucked away at the end of a terrace of similar homes in Mullan Mor, was a credit to its current owners. The property concluded at the sale price of €195,000 and will provide the buyer with an ideal investment or starter home.
Lot 11 - Lurgan, Loughrea, Co Galway
This was a rare opportunity to purchase a superb renovation project. The property is on a site measuring approximately one acre, with ample space to the front, side, and rear in a quiet rural location less than 10 minutes’ drive from both Loughrea and Craughwell. This property was the perfect opportunity for a DIY enthusiast. Bidding on this lot concluded at €194,000, which was €34,000 over its reserve price. It is sure to become a spectacular property once renovations are complete.
Lot 17 - No 81 Renville Village, Oranmore, Co Galway
This was a detached residence located within the popular Renville Village development on the edge of the internationally acclaimed Galway Bay Golf & Country Club. This spacious residence was maintained in good condition throughout. The lot sold for €290,000.
Lot 20 - No 15 Coachman Apartments, 40 Dominick Street Lower, Galway
This charming one bedroom, second floor, apartment was ideally located on Dominick Street, a highly desirable neighbourhood in Galway’s West End. Despite being close to many pubs and restaurants, No 15 Coachman Apartments was tucked away to the rear of the building, making it a quiet and comfortable setting. The property attracted great interest from the market with many inquiries from people looking to pre-register to bid. After intense bidding with a many bids from multiple interested bidders, the sale concluded at a sale price of €195,000.
Lot 22 - No 141 Ti Neil, Gleann na Ri, Renmore, Galway
This property was a two bedroom second floor apartment situated within the well managed Glenna na Ri complex which is close to GMIT and Merlin Park Hospital. This was an excellent investment opportunity for the buyer and the sale concluded at €160,000.
Lot 25 - Bridge Road, Portumna, Co Galway
This commercial premises, which formerly traded as a filling station and convenience store and was being sold with two overhead residential apartments, attracted a huge amount of interest from the market prior to the auction. The auctioneer accepted close to 30 bids from multiple interested bidders and after intense bidding, the property, which commenced at the AMV of €120,000, sold for €535,000, which as an unbelievable €415,000 over the reserve price.
There were many other sales on the day that exceeded the expectations of both the vendors and the auction team. A detached cottage in Derrynalicka in Kilrush, Co Clare, went for €160,000 - €15,000 over its reserve price. A commercial property in Duagh village, Co Kerry, also sold for well over its reserve price, showing the demand for property even in local towns across Ireland. On the opposite side of the country, in Finglas, Dublin 11, a one bed ground floor apartment attracted a number of interested parties. The bidding commenced at €140,000 and concluded at €183,000 with bids coming in from both internet and telephone bidders. Lot 9 of the day, a traditional farmhouse in Monasterboice, Co Louth, sold for €150,000 after nearly 20 bids. From a starting bid of €50,000, this property is a prime example of the level of interest and final sale price that can be achieved by selling by public auction.
The O’Donnellan & Joyce property auctions have become one of the top property auctions in Ireland as Colm O’Donnellan and his 15-strong team offer cutting edge performances to their national and international audiences.
With an 89 per cent success rate over the past year, the company is soaring in terms of stock sold, sale prices achieved, and revenue generated for vendors. This was the first of seven auctions of 2022. The company's next auction is taking place in-person on Friday April 8 in the Harbour Hotel, Galway, and promises to be an exciting one with a wide range of properties going for auction in Galway and across the country.
If you are thinking of selling your property, O’Donnellan & Joyce offers free ‘thinking of selling’ property valuations. To avail of the offer, all you have to do is call or email the auction team and a member of staff will arrange to carry out a valuation of your property. The team can be contacted on (091 ) 564212 or by emailing [email protected].
Further details and the full auction results can be found on www.odj.ie
