Top class investments at DNG Maxwell Heaslip & Leonard’s auction next week

No 25 Ros Geal.

No 25 Ros Geal.

When it comes to range and diversity DNG Maxwell Heaslip & Leonard is in a league of its own. Renowned for its capacity to handle all types of property sales, everything from city centre studio apartments to large tracts of agricultural lands, to high end family homes in the most sought after locations in Galway, the Francis Street agent does it all.

The company’s next auction on Friday February 28 will have the usual eclectic mix of properties, with something to suit all buyers. However, those interested in solely getting a return on their money and seeking prime investment properties need look no further. Included in this auction are three properties all within walking distance of Galway city centre and ready to walk into.

No 25 Ros Geal on Millars Lane, Rahoon, is a three bedroom duplex townhouse in a residential development, with its own private entrance and patio. Comprising approximately 900sq ft of living space, this gorgeous property is finished to a very high standard, is tastefully presented, and is being sold with the benefit of hardwood floors, a modern fully fitted kitchen, and two bathrooms. “This represents a great opportunity to acquire a really well located townhouse, just a five minute drive from the city centre,” said James Heaslip, who is handling the sale. “All amenities are close by, with two shopping centres within a 10 minute walk and Salthill Promenade equally accessible.

“With a guide price of €135,000, the rental income achievable represents a figure in the region of eight per cent per annum with significant capital uplift over the next five to seven years,” he added. “It's a must see for anyone looking for a rock solid investment.” Open viewing will continue each Wednesday and Saturday from 3pm to 4pm.

Number 212 Gort Na Coiribe is a two bedroom first floor apartment in a state of the art modern apartment complex off the Headford Road. Part of an award winning O'Malley’s development, this beautifully presented apartment is bright and spacious with a high class finish. Being sold with the benefit of tiled floors throughout and all contents included, this outstanding unit has much to offer as an investment property. With almost 700sq ft of living space, apartments in this superb development are always much sought after, with year round rental income guaranteed. With a minimum rental figure of €8,700 per annum achievable, this equates to a excellent return on any figure close to the guide price.

“This is a quality property and is in an excellent location,” James Heaslip said. “NUIG is practically on your doorstep, there are two shopping centres within strolling distance, and the city centre is just five minutes away - this apartment will never be a day empty. It is being brought to the auction floor with a guide price of €125,000 and this represents great value in any market.” Open viewings will run for the next week on Saturday and Wednesday between 12 noon and 1pm.

No 6 University Halls in Newcastle is a spacious one bedroom apartment with attic space and is located directly across from the main entrance gates to UHG. In what can only be described as one of the most sought after rental locations in the west of Ireland, this wonderful second floor apartment offers a perfect opportunity for those looking to invest in bricks and mortar, in a prime location, for very attractive money.

James Heaslip reckons this apartment should not be overlooked and needs consideration from anyone wanting a blue chip investment. “This apartment is well finished and is very spacious,” he said. “It's ready to walk in to and is being sold with parking to the rear. Decent one beds are actually quite difficult to find in Galway, and the rental demand for a unit such as this is massive. It's in a prime location and will suit the never ending demand from medics looking for accommodation close to the hospital. With a guide of €120,000, this is a great buy in a great spot.” Open viewings will continue this Saturday and Wednesday between 10.30am and 11am.

All three properties will be auctioned on Friday February 28 at 3pm in the Radisson Blu Hotel, Lough Atalia.

Full details are available on dnggalway.ie or by contacting the agents, DNG Maxwell Heaslip & Leonard, on 091 565261.

 

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