Unique historic Galway city investment opportunity

Colleran auctioneers has just been favoured with the sale of one of Galway’s landmark properties, Spires House, Shantalla Road, Galway. Due to its size and location close to University Hospital Galway and just a short stroll from University of Galway it will immediately appeal to anyone looking for an investment, especially builders looking for a development opportunity.

The property currently consists of 10 one- and two-bedroom self-contained flats over two and three floors, totalling approximately 557sq m (6,000sq ft ). In need of substantial capital investment to realise its full potential, this high profile property offers a unique investment and development opportunity with huge potential to redevelop into modern apartments, a home or possibly a commercial opportunity — eg modern tech offices or an exhibition centre — subject to planning. There is also a large forecourt offering off street parking.

Spires House got its name from the two spires on its roof. The Rev John Courtney Clare, who was the Presbyterian minister in Galway, lived in the house from 1882 to 1917. From 1917 to 1925 it was occupied by the Young family. The Rev Young was also a Presbyterian minister. On June 26, 1925 the Sisters of Jesus and Mary bought the house as a suitable premises for a house of studies for three sisters of their order who had come to UCG. The nuns become known as the ‘Spires Nuns’. The nuns later added to this building and acquired Fort Eyre. Fort Eyre was built by James Eyre, a Cromwellian officer, and occupied by the Maunsell family until 1890 when it was taken over by the British army to house officers.

The prime location of Spires House offers unmatched convenience so close to the hospital, university, and city centre. The size of the property makes it a very attractive development opportunity for any builder or investor to convert into student accommodation or new luxury apartments.

This property is being sold by public tender on 15 August 2024. Tender documents can be requested from Cairbre O’Donnell, JC O’Donnell & Sons LLP solicitors, First Floor, 15 Mary Street, Galway.

For further information or an appointment to view contact Don Colleran, Colleran auctioneers, at 091 562295, www.collerans.com

 

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