O’Donnellan & Joyce has just brought to the market two substantial residential investments which are bound to attract enormous interest due to their proximity to NUI Galway.
The first property, which is being handled by Niall Browne of O’Donnellan & Joyce auctioneers, is a development of 14 terraced and semidetached houses which have been built on a gated site. Located across from the gates of NUI Galway, this property would provide the ultimate residential investment. There are 10 three/four bedroom terraced residences over three levels, measuring more than 1,300sq ft, and four three bedroom gate lodges, also measuring more than 1,300sq ft. The property is on offer at €1.4 million and is being sold as one lot. There will be an open viewing this Saturday between 11am and 12 noon.
The second property on offer is a block of five apartments at Donoratacio House, Newcastle. The property is being handled by Mark Forsyth of O’Donnellan & Joyce auctioneers on the instructions of receivers RSM Farrell Grant Sparks. The property comprises five substantial apartments, all with their own entrance doors — one with one bedroom, three with two bedrooms, and one with three bedrooms — along with a secure gated underground car park. The apartments are finished to the highest standards and are currently let, producing a potential rental income of €42,000 to €45,000 a year. Situated across from the NUI Galway recreational grounds, this property would provide another gilt edged residential investment. The property will be auctioned on September 28 at 3pm in the Victoria Hotel, Eyre Square, Galway. Open viewings take place on Saturdays and Thursdays from 11am to 12 noon.
For further details on these properties contact Mark Forsyth or Niall Browne at 091 564212.
