Saving the good wine until last is how auctioneers at O’Donnellan & Joyce describe their final auction of the year, where the company will place some of the best variety and best value of the year for sale when 15 properties go under the hammer in the Victoria Hotel on December 16. There will be incredible value on offer, from houses in the city and country for first time buyers, to apartments in the city for investors looking for gilt-edged residential investments, to a prime residential home in one of Galway’s most sought after locations of Kingston Road.
The first property to be auctioned will be a two bedroom apartment located at No 19 The Waterfront, Bridge Street. This apartment, which is located in the heart of Galway city centre and overlooks the weir, is the perfect residential investment or first-time purchasers’ home. Comprising 750sq ft, the apartment is currently producing an excellent rental income, but could also be suitable for owner occupation. It has an AMV of €110,000.
The second property to be auctioned will be another city centre apartment, located on the fourth floor at No 35 Merchants Dock, Merchants Road. Located in the heart of the city, this property is in fantastic condition and is spacious, with great light throughout. The property has two bedrooms and produces an excellent rental income. It has an AMV of €115,000.
The third property to be auctioned, No 9 Rosan Glas, Rahoon Road, is bound to attract incredible interest from first time buyers. A four bedroom semidetached residence in mint condition, the property has been finished to the highest standard with numerous extras included in the sale. This modern family home will be one of the most attractive properties on the day, and has an AMV of €145,000.
The fourth property to be auctioned could possibly be regarded as Galway’s finest. This is a 5,000sq ft luxury home, situated on half an acre, in Galway’s premier residential address of Kingston Road, just off Taylor’s Hill. This majestic home is without a doubt the jewel in the crown of the auction and will be the prime property of the day, as it is a superb home in a truly outstanding location. It has an AMV of €750,000.
The fifth property is a bungalow in Menlo which the auctioneers describe as peace and tranquillity on the edge of the city, only three miles from the heart of Galway and on the edge of the River Corrib. This delightful bungalow is in a mature sylvan setting, and is bound to attract excellent interest with an AMV of €150,000.
The sixth property to be auctioned will be a detached residence at Lydican, Oranmore. This property has the best of all worlds, situated in a rural setting but less than five miles from Galway city centre. The property, a four bedroom bungalow, is on a substantial site and is an executor sale, with an AMV of €150,000.
The seventh property is a bungalow in mint condition in Corbally, Claregalway. This spacious four bedroom bungalow stands on a substantial site of half an acre with a large warehouse to the rear which is suitable for storage. The property has an AMV of €120,000.
The eighth and ninth properties are gilt-edged residential investments at No 188 Glasan and No 143 Glasan, Ballybane. These properties are located adjacent to the gates of GMIT and would provide an ideal residential investment with guaranteed rental income from the substantial student population located just 40 metres from these two houses. With three bedrooms, these properties are offered fully furnished and each has an AMV of €85,000.
The 10th property is a two bedroom apartment located in the heart of the city centre, in one of Galway’s oldest and most established areas of Calladh Mór, Woodquay, within walking distance of all facilities. With two bedrooms, the property has an AMV of €85,000 and would produce an incredible return on your money, and according to the auctioneers it would be far better than money in the bank.
The next property is Coen House, a wonderful detached residence located on the edge of Salthill. The property, which has been totally refurbished and remodernised within the last two years, offers the ultimate home in the ultimate location. With four bedrooms and two en suites, the property is ready to walk into with an attractive garden to the rear and a large forecourt to the front with off street car parking. The property would be suitable for residential use or, due to its high profile location on the main Salthill road, may have commercial potential. The property has an AMV of €200,000.
The 12th property to be auctioned is a stone-cut residence at Baunmore, Claregalway. This property has a beautiful stone façade and is a unique residence, due to its charm and character. Having been extended to the rear, this property would provide a incredible home of distinction and comes with an AMV of €110,000.
The next property to be offered will be a suite of offices on Flood Street. Comprising 750sq ft of modern offices, this is the perfect self contained office for solicitors, accountants, or professional business, situated in the heart of the city centre. These quality self contained offices have an AMV of €110,000.
The 14th property to be auctioned will be a detached residence at Bushypark. This property has a large site which overlooks the River Corrib and is surrounded by a mature sylvan setting. Located within three miles of Galway city centre, the property would provide a very attractive family home with its AMV of €330,000.
The final property to be auctioned will be a detached residence on Knocknacarra Road. This property, which is bound to attract enormous interest, is located in one of Galway’s most popular residential areas. With planning permission for demolition if required, the property overlooks a large green area and is located just off the Kingston Road. This property offers a substantial site and has an AMV of €250,000.
The auction will take place at 3pm on Friday December 16 in the Victoria Hotel, Galway.
For further details contact Colm O’Donnellan (087 ) 2887446, Tony Joyce (086 ) 2529110, or Anne Harding (086 ) 8173335, or contact the O’Donnellan & Joyce offices on (091 ) 564212.
