Record prices for land

Auctioneers ERA Oates, 2 Northgate Street, Athlone held a very successful auction at the Shamrock Lodge Hotel last week.

On offer were three lots:

Lot one - 10 Acres at Townland America, Ballydangan, Co Roscommon. Bidding for this parcel was opened at €90,000 and after 40 bids the property was sold in trust to a local solicitor, Martin Eagan, at €172,000 or €17,200 per acre.

Lot two – Comprised circa one acre of callow at Cloonburren, Moycarn, Co Roscommon. Bidding opened at €1,000 and sold at €4,600.

Lot three - Comprised circa 22 acres with residence at Derrylahan, Moore, Co Roscommon. This lot was withdrawn at €250,000. However the auctioneers are actively negotiating on this lot at present and expect a successful sale.

Joe Naughton from ERA Oates Auctioneers currently requires similar holdings for disappointed under bidders.

For more information contact ERA Oates Auctioneers on (090 ) 6477500 or email [email protected].

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