More than 60 lots with a combined value of more than €9.5m will be auctioned by O’Donnellan & Joyce auctioneers at its live public auction on Friday September 27 at 12 noon in the Harbour Hotel in Galway city.
With about 20 per cent of the lots falling into the commercial domain, there is value and variety on offer within the catalogue. A property at Georges Street, Newport, Co Mayo, offers a partially renovated building comprising four one-bedroom apartments. The building is completed to a shell and core finish and is situated in the centre of Newport town close to all amenities. Newport is one of the start/finish points along the Great Western Greenway on the edge of Clew Bay. This property would be an excellent investment due to its scenic location and the local tourist trade. Guiding at just €70,000, this investment should offer an attractive yield once complete.
In the sunny southeast and guiding at €180,000 is No 40 Merchants Quay, Waterford. The building, currently let to a restaurant business, is laid out over four floors and an attic. As currently configured, the ground floor comprises a restaurant seating area together with the commercial kitchen, wc, and ancillary spaces. The first floor is set out with restaurant seating to the front and wc and storage facilities to the rear. The second and third floors comprise three primary rooms on each floor that are in need of upgrading and are currently used as storage facilities. There is potential to add significant value in the future by enhancing the usability of the upper floors. This property boasts a current rental income of €15,000 per annum.
Returning to Galway, a well-known food store and filling station situated in Corrandulla is guided at €150,000. For sale due to the owner's retirement, this property is situated in a high profile location on the main Headford to Corrandulla road. The food store services a large catchment area and comprises a large retail area, overhead storage rooms, and a self-contained hair salon producing a rental income. This superb business opportunity has enormous potential for growth with a growing local population and ample space for physical expansion subject to planning.
Many other commercial properties are on offer within the catalogue as well as development sites and agricultural lands. Visit www.odonnjoyce.com for full details.
In the residential catalogue there is a huge array of properties on offer in the O’Donnellan & Joyce September auction. The highest guide price is €530,000, for a five bedroom detached family residence at No 45 Oaklands in Salthill. The property was constructed c1964 and has been well maintained over the years. The outstanding feature of this wonderful property is the large south facing rear garden that boasts patio, lawns, mature trees, and flower beds. It also has the convenience of a rear access gate that opens out to the walkway behind the church. This is a very special family home located in one of the most sought-after areas in Salthill within walking distance of the Prom, the golf club, the Galway Lawn Tennis Club, and many notable schools.
With a total of 30 properties being offered in Galway city and county, O’Donnellan & Joyce promises a property to suit every requirement and budget.
On the opposite end of the pricing spectrum, the renowned auctioneers offer a one bedroom semidetached unit in Portumna village with a guide price of €30,000. The property is currently leased to Portumna Retirement Village on a 15 year lease until 2023. The rent generally obtained for one bed units is in the region of €380 per month. The retirement village has had inquiries from interested parties looking to rent the unit once a new landlord has been obtained. There is an onsite caretaker for assistance and to carry out minor repairs. Due to the attractive price tag, couples looking to downsize in the coming years may find this an attractive property due to the services available in the area and the current rental income over the next few years. Full details on this property are available from Mary Fahy of the auction team.
With the growing profile of the company, O’Donnellan & Joyce has a wide variety of properties available throughout the country in counties including Waterford, Mayo, Longford, Roscommon, Sligo, Clare, Leitrim, and Dublin. For a full listing of the auction catalogue, see www.odonnjoyce.com .
Galway properties in the catalogue include the following:
No 17 Shantalla Place, Rahoon Road, Galway: An ideal opportunity to acquire something very special. This mid-terrace residence must be viewed to be appreciated. Deceptively large internally but also in mint decorative order and repair, the property has been upgraded and refurbished throughout the years to provide a true home of distinction. Maintaining its old world character and charm, it has been modernised internally throughout including a large attic conversion. Viewing is a must. AMV: €320,000.
No 40 Maunsells Park, Maunsells Road, Galway: If you are looking for space in abundance both inside and outside in an established residential area, this is the home for you. This is a spacious semidetached residence situated on a substantial double fronted site with a large rear garden in Maunsells Park, a small enclave of semidetached homes overlooking a large green space. Within walking distance of Galway city centre, the property would be the ultimate family home in a desirable location within easy access of several primary and secondary schools, retail developments, and community recreational facilities. The property, which has five/six bedrooms, offers a spacious internal layout and is in need of a certain amount of upgrading and refurbishment. An ideal opportunity to acquire a magnificent spacious home in a locality which will provide a home for life. AMV: €395,000.
San Antoine, 65 Dalysfort Road, Salthill, Galway: A superb four bed family home in one of Galway’s most sought after areas. This property offers two spacious reception rooms and a garage with potential for further development. In need of some renovation, this wonderful property offers the chance to put your own stamp on it. The large southwest facing rear garden maximises light and draws light into the interior of the home. This would be an ideal owner occupier family home, conveniently located within strolling distance of Salthill Prom and village and close to local primary and secondary schools. AMV: €425,000.
No 5 Sylvan Heights, Fairlands Park, Newcastle, Galway: A fine four bedroom family home located within walking distance of NUIG, UHG, and all other amenities in Newcastle. As with all properties of its age it will benefit with some upgrading and modernisation, however it is in very good condition and could well be occupied as is. It offers an abundance of living and sleeping accommodation together with a very generous kitchen/breakfast area. A major attraction of this property is the large mature rear garden that is not overlooked, along with a good sized front garden with off street parking and a car port. AMV: €375,000.
No 19 Pembroke Court, Bishop O’Donnell Road, Galway: Ground floor two bedroom apartment ideally located off the Bishop O’Donnell Road in Rahoon, just a two minute walk round the corner from Taylor’s Hill and 10 minutes’ walk to Salthill Promenade. It is superbly located just off the Deane roundabout with unrivalled access to a host of amenities and services. The property is within a short walk of Westside Shopping Centre and Aldi on the Seamus Quirke Road. The vibrant city centre, NUIG, and UHG are just a 10 minute walk away and can be easily accessed on foot, by bike, or via the excellent local and frequent bus services with the stops located close to the entrance of the development. There are also a number of excellent primary and secondary schools in the area. Presented in good condition throughout, this would be an ideal owner occupier residence or investment property due to its convenient location. AMV: €185,000.
No 5 Garrai Eoinin, Bothar Bui, Inverin, Co Galway: This residence is located in a small enclave of detached homes situated in Inverin. This property must be viewed to be appreciated as it is incomparable to any other home in this price bracket. With a modern interior, this two storey detached residence is built to the highest standards with underfloor heating, quality fixtures and fittings throughout, and a modern spacious layout. It is within walking distance of shops, schools, and beaches, and would be a perfect starter home or holiday home. AMV: €295,000.
Kilronan House, 45 Oaklands, Salthill, Galway: No 45 Oaklands is an impressive five bedroom family home at the upper end of Oaklands close to Salthill village. The property was constructed c1964 and has been well maintained over the years, however as with all properties of its age it will benefit from some upgrading and modernisation, but 'as is' would be perfect also. AMV: €530,000.
No 18 St Helen's Street, Galway: This city centre gem is perfectly located within walking distance of NUIG, UHG, the city centre and all amenities in the area. A four/five bed mid-terrace house, it will be an ideal family home and will appeal to both first time buyers and investors. Together with generous living and sleeping accommodation it enjoys a private rear garden that is not overlooked, off street parking to the front, and a host of original features. Local primary schools include Scoil Chroi Iosa on Newcastle Road and Scoil Bhride in Shantalla. The nearest secondary schools are Our Lady’s College on Presentation Road and St Mary’s College on St Mary's Road. Close to the property, the very scenic walkway along Eglinton Canal leads to the Spanish Arch, where the River Corrib meets Galway Bay. There is a host of bars and restaurants within five minutes’ walk in the Latin Quarter. AMV: €275,000.
No 32 Henry Street, Galway: A modernised three bedroom terraced house located in Galway's West End. This is a haven of tranquillity thanks to its beautiful secluded walled garden which is a rare gem in the middle of the city. The garden is mature and private and has a private entrance on to the canal walk which runs from Woodquay to the Claddagh Basin. The house has been tastefully modernised, the owners have been very sensitive to the age of the property and have maintained all the original features such as high ceilings, original doors, and original cast iron fireplaces in the bedrooms. You will need to view this property to fully appreciate its condition and the features it has to offer. AMV: €335,000.
St Mary's, Palmyra Avenue, Galway: Semidetached three bedroom residence located in one of Galway’s best established areas. The property is located just off The Crescent on a magnificent spacious site which offers enormous development potential. Internally, the house is in need of modernisation and upgrading, however, this is an ideal opportunity to acquire a residence close to Galway city centre, offering old world charm in a very central location. AMV: €225,000.
Giblin’s of Kilconnell, Ballinasloe, Co Galway: It is not often that a property such as this comes to the market. This is a chance to purchase what was once a thriving business in the heart of Kilconnell. During the years of trading there was a furniture store, a hardware and grocery store, and a busy seven day licensed premises known as The Old Abbey Tavern. There is also a private residence with two reception rooms, kitchen/dining, and five bedrooms. The property overlooks the famous Kilconnell Abbey which was built in 1340 and is known as one of the most attractive heritage sites around. This substantial property offers enormous development potential. AMV: €150,000.
Corrandulla Food Store & Filling Station, Co Galway: This is a well-known food store and filling station in a high profile location on the main Headford to Corrandulla road. This property services a large catchment area and includes a large retail unit, overhead storage area, and a self-contained hair salon producing a rental income. This superb business opportunity has enormous potential with a growing local population and ample space for physical expansion, subject to planning. The building is situated on a half-acre site offering forecourt with petrol pumps with ample road frontage. The hair salon currently generates a rental income of €5,000 per annum on a rollover lease. AMV: €150,000.
See www.odj.ie to view the full list of properties on offer. Details are also available from the auction team at O’Donnellan & Joyce auctioneers, 5 Mary Street, Galway, phone 091 564 212.