O’Donnellan & Joyce presents an array of investment properties in its July 22 auction

O’Donnellan & Joyce has a number of great investment properties for sale in its Wild Atlantic Way Summer All Day Auction on Friday July 22. Colm O’Donnellan of O’Donnellan & Joyce said: “There’s an immense variety of gilt edged investment opportunities along the western seaboard. We have a selection of houses, apartments, offices, and retail units in this auction giving the astute investor a great opportunity to purchase properties with excellent rental yields.”

No 31 Nuns Island, Galway

Located in the heart of Galway, No 31 Nuns Island is a rare gem, a little piece of old Galway that offers an eagle eyed investor an opportunity to purchase a unique two bed townhouse on the edge of the canal on a strip where properties such as this rarely come to the market. In need of refurbishment, it retains many original features and enjoys a west facing yard and seating area whose nearest neighbour is the canal. Wonderful starter home or great investment property. AMV €185,000. Open viewing Wednesdays and Saturdays 3.30pm to 4.30pm.

No 3 Drom Ard, St Bridget’s Place, Prospect Hill, Galway

Ground floor two bed apartment just strolling distance from Eyre Square and convenient to shops, bars, restaurants, and all amenities that city centre living has to offer. Drom Ard is a small development comprising a mix of two and three bed townhouses. This property would prove to be an excellent owner occupier residence, or a gilt edged investment property with guaranteed return on investment due to its convenient location. Accommodation comprises two bedrooms, bath, kitchen, living/dining room, laminate timber flooring, and electric storage heating. AMV €150,000. Open viewing Wednesdays and Saturdays 11am to 12 noon.

Nos 22 & 25 Temple Jarlath, Tuam, Co Galway

O’Donnellan & Joyce has two modern, second floor, two bed apartments for sale in the heart of Tuam town centre. Tuam is the second largest town in County Galway and is situated approximately 35km north of Galway city. These two apartments in Temple Jarlath would make excellent investment properties, given their location. Management fees are approximately €750 per annum on each unit and both properties have a floor area of approximately 630sq ft. Open viewings are Saturdays from 5.30pm to 6pm and the AMV is €60,000 each.

No 149 Ros Caoin, Roscam, Galway

Wonderful four bed property located in the very popular and desirable area of Roscam, offering generous living and sleeping accommodation with a good sized rear garden. This lovely property is an ideal family home or a great investment property. Located within walking distance of Galway Clinic and Merlin Park Hospital, it is presented in very good condition and ready to walk into. On a direct bus route to the city and very close to M6 motorway to Dublin and the N18 to Limerick. AMV €240,000. Open viewing Wednesdays and Saturdays 5pm to 6pm.

No 17 Glasan, Ballybane, Galway

Three bed semidetached maisonette (sleeps four ), located opposite GMIT and purpose built to accommodate students and summer holiday lettings. Fully managed with year round rental income. Amenities include 24-hour security, shops, a restaurant, and on site launderette. Only two miles from Galway city centre, on main route into city. Property investments don’t get any better. AMV €95,000. Open viewing Wednesdays and Saturdays 3.30pm to 4.30pm.

No 19 Millbrook, Milltown, Co Galway

Modern end of terrace three bed home in lovely condition, located just off the N17 in the scenic village of Milltown. Millbrook is a mixture of detached, semidetached, and terraced homes with some retail units. Nicely maintained, this residence comprises hall, living room, kitchen/dining room, three bedrooms, and bathroom.

Would make a lovely starter home or ideal for those who want to downsize. AMV €85,000. Open viewings Saturdays 2.15pm to 3.15pm.

Bridge Street, Athenry, Co Galway

Investment property currently comprising a takeaway restaurant with two apartments overhead (one one-bed and one two-bed ). Generating an overall rental income of €21,000 per annum. This property is being sold with the tenants in place (the takeaway and one apartment are currently occupied ). Takeaway is earning €1,200 per month and the two bedroom apartment is earning €550 per month. The one bed apartment is currently vacant. AMV €185,000. Open viewings Wednesdays and Saturdays 2pm to 2.30pm.

Unit 6D Liosban Business Park, Tuam Road, Galway

A mid-terrace office unit of approximately 1,900sq ft over two floors. Located in the very busy Liosban Business Park, just off the Tuam Road which is a main thoroughfare into Galway city. This unit is currently occupied and is being sold with the tenant in place. AMV €135,000. Viewing is by appointment.

Unit 16A Sandyford Business Centre, Bohermore, Galway

This unit is a ground floor office just off the Joyce Roundabout at the junction with Sean Mulvoy Road and Tuam Road. It is being sold with the tenant in place and is located approximately 1km from Eyre Square. Just a 10 minute stroll to the city centre with easy access to main routes in and out of Galway city. It currently generates €15,000 per annum. AMV €75,000. Viewing by appointment.

Unit 2, Knock Airport Business Park, Co Mayo

Mid terrace two storey industrial unit of approximately 511sq m. Situated approximately one mile from the N17 and three miles from the N5 at Charlestown. Convenient location and easily accessible to towns in the western region. The accommodation comprises a ground floor office, kitchen, disabled/staff wc, warehouse with high bay roller door, first floor open plan office with ladies and gents wc. Steel frame construction with plaster finish internally and tiled floor. AMV €75,000. Open viewings Saturdays 4pm to 4.30pm.

Westbridge, Loughrea, Co Galway

Centrally located townhouse currently used as an Irish language office and classroom/workshop and generating a rental income of approximately €7,620 per annum. A superb investment opportunity. AMV €75,000. Open viewings Wednesdays 4pm to 4.30pm.

No 3 Plunkett Avenue, Mervue, Galway

Ground floor retail unit formerly used as a doctor's surgery. Flat concrete roofed extension to the rear. Would make an ideal investment opportunity. AMV €75,000. Open viewings Wednesdays and Saturdays 11.30pm to 12 noon.

No 1 Millrace House, Chapel Lane, Tuam, Co Galway

Ground floor commercial unit currently trading as The Schoolwear Centre. Being sold with tenant in place with a 25 year lease from 2006. Currently generating an income of €16,000 per annum. AMV €75,000. Open viewing Saturdays 12 noon to 12.30pm.

No 3 Chapel Court, Chapel Lane, Tuam, Co Galway

Ground floor commercial unit located in the centre of Tuam town and suitable for a variety of uses. AMV €40,000. Open viewings Saturdays 12 noon to 12.30pm.

Colm O’Donnellan and the auction team at O’Donnellan & Joyce are available to discuss any of the properties listed for sale in the July 22 auction. The full catalogue can be viewed online on www.myhome.ie, www.daft.ie, and www.odonnjoyce.ie/auction and full particulars are available from O’Donnellan & Joyce auctioneers, 5 Mary Street, Galway, 091 564 212.

 

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