O’Donnellan & Joyce’s forthcoming auction on June 27 is attracting both national and extremely strong local interest. The auction will see 43 properties going under the hammer in the Harbour Hotel, and is an all-day property auction with registration commencing at 10am for the morning session and at 1.30pm for the afternoon session.
According to Anne Harding, auction co-ordinator for O’Donnellan & Joyce, there has been exceptionally strong interest in the family homes which are on offer, mainly from local people throughout Galway, while there has been enormous national interest from investors who regard Galway as one of the best places to acquire properties to rent, as it has a vibrant young population with a guaranteed rental income and property that has a much lower base rate than in Dublin.
Going under the hammer in the morning session are two excellent commercial investment opportunities at Marina Point, Ballinasloe. These units are located side by side at Nos 3 and 3A Marina Point, and each comprises ground floor retail with office space overhead. This development is located in the heart of Ballinasloe directly opposite the Carlton Shearwater Hotel. This is a busy retail park and houses multiple retail units such as the Marina House Medical Centre and Lidl Shopping Centre.
Unit 3 Marina Point is a ground floor commercial unit measuring 1,600sq ft and is occupied by Paul Byron Shoes, and there is a separate office space overhead which is currently vacant and measures 800sq ft.
Unit 3A Marina Point is a ground floor commercial unit of 1,600sq ft with a mezzanine floor of 1,720sq ft and is occupied by Sports Warehouse. The first floor office area of 800sq ft is occupied by Beckwith Accountants. These properties are being auctioned as separate lots and are guiding at €100,000 each, viewings take place on Thursdays between 5pm and 6pm. Full rental income is available on request.
Also going under the hammer in the morning session are three parcels of land. The first lot is located in Clonbur village, Co Galway. Comprising 2.1 acres on the edge of the village, this is being guided at €10,000. The second is c10.543 acres at Carramore, Loughrea, Co Galway, located close to the Meadow Court Hotel, and also included in the sale is one undivided 15th part of 18.238848 acres of commonage with frontage on to both sides of the main Loughrea/Galway road. This land is being guided at €30,000. The third parcel comprises 2.1 acres at Woodford, Loughrea, Co Galway. This land is located on the Loughrea side of Woodford village and neighbours the Woodford Court estate. The land is going under the hammer with a guide price of €10,000.
For full details of all 43 properties going for auction log on to www.odonnjoyce.com, or call the auction team on (091 ) 564212.
