All eyes will be on The Galmont Hotel next Thursday with DNG Maxwell Heaslip & Leoanrd's eagerly awaited October 4 auction.
Following the hugely successful summer auction series, which saw a 92 per cent sales rate, the city-based auction experts are excited about next week's event and are, as usual, expecting a big turnout.
Auctioneer James Heaslip will be heading up the afternoon's proceedings and is anticipating a busy afternoon, with 20 lots due to go to the auction floor.
As usual there is a diverse mix of properties with something to suit all buyers and they have already seen huge numbers at the open viewings, says auctioneer James Heaslip.
“We have had a great turnout at our viewings and the interest levels would appear to be high. That said, it doesn’t cost anything to view a property and I reckon there will be some value on the auction floor.
"All of the lots are keenly priced and we have modest reserves, which we expect to reach come auction day.”
The company's success is ultimately down to knowledge of the market, he says. “We put a lot of effort into our auctions and work closely with our DNG colleagues all along the west coast in order to value each property correctly, and it pays off.”
This weekend will see the last of the open viewings and then it will be just down to the day, to see what levels each of the properties will sell for.
“We have some great value on offer next Thursday and would urge those who have viewed any of the lots to make an effort to come along. Even if you don’t end up being a sucessful bidder, there's always some entertainment on show and, as usual, we’ll give you a cup of tea and a biscuit, which is always welcome."
Full details of all the auction properties, can be found online at www.dnggalway.ie
The auction takes place Thursday October 4 in the Galmont Hotel, Lough Atalia, at 3pm.
36 Woodquay, Galway city centre
Located in the heart of Galway city, this mid terrace property comprising c116m² is located in an area zoned for commercial usage. In need of substantial renovation, it is being offered to the market with the benefit of planning permission for a ground floor commercial unit, with overhead residential usage. The property qualifies for substantial tax incentives under the Living City Scheme.
Guide Price €330,000
Murrough, Galway
A prime residential development opportunity located at Murrough just off the Dublin Road and adjacent to Merlin Park. The property, which comprises a substantial detached bungalow, stands on c0.8 acre of high-density zoned lands in the Galway City Development Plan. With a number of high-density residential developments in the immediate vicinity, this property is ready to go, or would make an excellent investment for a larger scheme.
Guide Price €450,000
Truskey West, Barna
A parcel of land comprising c18.5 acres in the townland of Truskey West in Barna is in a much sought-after location. The lands currently have agricultural usage, but may lend themselves to future development, subject to planning permission. Being sold with the benefit of road frontage in the region of c95m, and 1.4kms from Barna village and 20 minutes from Galway city. Part of Folio GY42196.
Guide Price €200,000
Main Street, Oranmore
A well-located commercial premises in Oranmore is for auction, comprising approximately c145m² of space with a ground floor retail unit with overhead storage space, and a secure yard to the side of the property. Adjacent to the rear entrance to Tesco Supermarket.
Guide Price €140,000
Tucker Street, Castlebar
A mixed-use commercial investment opportunity located in the heart of Castlebar town centre. Comprising approximately c.100m² to include a ground floor restaurant and first floor apartment.
Guide Price €280,000
Ardfry, Rinville, Oranmore
A one-acre plot of land overlooking Rinville Bay in a most picturesque location of the Ardfry peninsula is for auction. Rinville is the location of both Galway sailing club and the renowned Galway Bay Golf resort and is just 4km from Oranmore village. With frontage onto the public road and a backdrop of Galway Bay, this plot offers great potential and may suit a qualifying applicant with a local housing need.
Guide Price €30,000
Riverstreet, Eyrecourt
This three-bedroom semi-detached two storey residence is located just outside the village of Eyrecourt. The subject property extends to approximately c110m² of living space and is on a site of c0.6 acre. In need of some upgrading, the house is suitable for further development. There are two small block sheds to the rear with a long rear garden and off-street parking to the front of the property.
Guide Price €25,000
2 Palmyra Avenue, Galway city
This centrally located two-bed mid terrace property is situated in the much sought-after Palmyra Avenue, just off The Crescent on the edge of Galway city centre. Comprising approximately 55m² of living space, this two-bedroom mid terrace property is within walking distance of NUIG, UCHG and all amenities. In a great location, this property will appeal to investors looking for a prime rental location, first time buyers, or those seeking to downsize to a city home in a prime location.
Guide Price €195,000
5 Palmyra Avenue, Galway City
A two-bedroom end of terrace property located on the corner of Palmyra Avenue/Park, just off the Crescent on the edge of Galway city centre. Situated in a hugely sought-after location, this wonderful property comprises c50m² of living space with a rear yard and rear access. In need of some modernisation, this property will certainly appeal to investors, first time buyer, or those seeking to downsize to a central location within walking distance of the city centre and a host of local amenities.
Guide Price €210,000
122 Gleann na Ri, Murrough
A superb three-bedroom, top floor duplex apartment in the much sought after Gleann Na Ri development on the east side of Galway city. Part of a modern purpose built, fully managed complex, this property is currently part of a pooled rental scheme and offers excellent rental yields. Finished to a high standard, this spacious unit of approximately 100m² is in turnkey condition and is being sold to include all fixtures and fittings.
Guide Price €150,000
41 St Mary's Road, Galway city
This well-appointed three-bedroom mid terrace residence is situated on the ever-popular St Mary’s Road. Comprising c90m² of living space and within a three-minute walk of both NUIG & UCHG, this property offers potential as a home or a superb investment opportunity. With a lovely west facing aspect, the property has been lovingly maintained and has a beautiful rear garden and terrace. No 41 St Mary's Rd will undoubtedly appeal to the modern trend of city living with a location second to none and is one not to miss.
Guide Price €300,000
Main Street, Elphin
A spacious five-bedroom detached property is located in the village of Elphin, Co Roscommon. Comprising c180m² of living space, the property is within walking distance of all village amenities and is a 15 minute drive to the busy town of Carrick on Shannon with ample amenities and recreational activities. In need of refurbishment it provides an excellent investment opportunity.
Guide Price €30,000
C4 Cormullen, Foxford
Stunningly appointed first floor two-bedroom apartment comprising approximately 70m² is located in the well-established "Cormullen" development on the banks of the world-renowned River Moy. In pristine condition throughout, this magnificent apartment commands breathtaking views of the majestic river as is flows through the picturesque village of Foxford. Convenient to Ballina, Castlebar, Swinford and Ireland West Airport Knock.
Guide Price €85,000
Graveshill, Kiltormer, Co Galway
A large two storey residence in the townland of Graveshill, Kiltormer, in Co Galway. In need of modernisation and total refurbishment, the property is being offered to the market with c120 m² of living space. On a site of approximately 0.6 acre, the property is just 12kms from Ballinasloe town and is just 15 minutes from the M6 Galway-Dublin motorway. This is a wonderful opportunity to acquire a spacious family home in a scenic location.
Guide Price €30,000
11 Dr Mannix Road, Salthill, Galway
Built in the early 1970s, Dr Mannix Rd and the Glenard area has long proved one of the most popular locations in the city and Salthill area. The proximity to everything simply provides the best environment for a family home second to none. This home with c150m² of living space is within easy walking distance of Salthill, The Prom and Blackrock, as well as a number of quality local primary and secondary schools, while local amenities and services are in abundance. This home will benefit from refurbishment and modernisation, affording huge potential to the property and extensive gardens front and rear. Viewing is highly recommended.
Guide Price €530,000
De Old Forge, Elphin, Co Roscommon
A well-located commercial unit on the Strokestown Road in Elphin, Co Roscommon, is up for auction. Conveniently situated adjacent to all amenities the property, which needs considerable refurbishment, would make an ideal investment property. Being brought to the market by way of public auction, the premises are suitable for a variety of different uses and viewing is highly recommended.
Guide Price €18,000
Full details of all the auction properties, can be found online at www.dnggalway.ie
The auction takes place Thursday October 4 at 3pm in the Galmont Hotel, Lough Atalia.
