O’Donnellan & Joyce auctioneers, Ireland’s largest independent auction house, hosted its first live property auction following the lifting of Covid-19 restrictions on Friday last, July 3. The auction was set to take place behind closed doors with phone, internet, and proxy bidders initially invited to participate; however the plans changed and the live auction went ahead thanks to the accelerated Government roadmap which allowed for a large public gathering to take place while adhering to social distancing measures.
The auction took place in the JB Keane suite of the Harbour Hotel, the auctioneer's landmark venue for its nationwide property auction series. Commencing at 2pm, the room was packed to capacity, albeit a reduced capacity due to the required social distancing measures that were strictly enforced. Auctioneer Colm O’Donnellan opened the proceedings by thanking all in attendance for their cooperation with viewings and inquiries over the past months as the property market reopened and viewings recommenced.
The first property that went under the auction hammer sold almost immediately. A very attractively priced property located in Durrow, Co Offaly was under the keen watch of a number of bidders that dialled into the auction room with phone bids, while others watched online waiting to place their bids over the internet. The property was sold to an eager buyer who placed a bid over the phone through a representative from O’Donnellan & Joyce as soon as the auction commenced. The high bid secured the property and wiped the floor for all other interested parties. The final sale price was €80,000 – a very attractive price for such a property located in a great area.
Lots 2 and 3 were units in the Royal Court Business Centre in Liosban, Galway. These two lots which, were sold separately, attracted many viewers over the past weeks from those looking for investment office spaces and others who were in need of premises for their own ventures. Bidding on Lot 2 opened at €60,000 and rapidly rose to €75,000 with the hammer falling to a prudent businessman who immediately saw the potential in the unit at this very attractive sales price. While smaller in size, Unit 10B Royal Court Business Centre attracted an equal amount of interest, being located adjacent to Lot 2 (Unit 10A ). Bidding for this lot opened at €50,000 and rose gradually but fell short of the reserve and is currently under negotiation.
The final lot on the day was Lot 4, a detached house situated on a substantial site in Knocknavoddy, Furbo, Co Galway. This was the highest priced property in the action catalogue for July 3, guiding at €190,000 which still represented great value for a Co Galway home with ample space standing on over two acres. Viewings for the property were particularly strong over the course of the campaign, and the bids came in hot and heavy from nine parties. Bidding opened at €160,000 and, after 48 consecutive bids from various groups within the room, a sale price was reached and the hammer fell at €248,000.
At nearly €60,000 above the guide price, this Furbo property is a prime illustration that there is still a strong demand within the market for second hand homes in both the city and rural areas, and as new developments are slow to come on line, prices continue to increase and finance approved couples and investors snap up properties quickly as they come to the market.
O’Donnellan & Joyce's next live property auction takes place on Friday July 24 at 12 noon in the Harbour Hotel, Galway where interested buyers have the option to bid online, over the phone, or to be present in the room. With enormous interest in the 40-plus strong catalogue that launched in June, hundreds of viewers have already seen what is on offer with viewings booked out days in advance and waiting lists in place on many properties. The advice from the auctioneers is to book viewings well in advance by calling the auction team on 091 564 212 or emailing [email protected]. While the Mary Street offices are open to the public again after a long spell of closure due to Covid-19 restrictions, the advice is to inquire by phone or email prior to attending the office in person.
O’Donnellan & Joyce offers a free “thinking of selling” property valuation service. To avail of the free service and to have your property appraised by one of the company’s expert valuers, contact the team on 091 564 212 or send an email to [email protected] and include brief details of the property, the Eircode, and your contact details.
Viewings on all properties are strictly by appointment only with the auction team as per Government and industry guidelines. Call 091 564 212 to request more information or to book a viewing in the allocated time slot.
The July 24 auction catalogue is online and the following properties are currently listed in the auction catalogue.
No 4 McHugh Avenue, Mervue, Galway
Mid-terrace three bedroom home on a tree lined avenue, overlooking playing fields and situated adjacent to Medtronic in Mervue. This lovely home has off street parking to the front and a long rear garden with both a timber shed and a concrete built shed giving lots of storage. Perfect for the garden enthusiast. The ground floor has a fully tiled wet room and upstairs the rear double bedroom has a shower room en suite. There is lots to love in this delightful home and it is well worth viewing. Viewings by appointment. AMV: €220,000.
Station House, Caherdaly, Ardrahan, Co Galway
A unique opportunity to acquire the old Ardrahan railway station which has been beautifully restored and refurbished to provide a home of distinction. Ardrahan Railway Station closed to passenger traffic on April 5, 1976, and finally closed on June 11, 1983. It was converted into a four bedroom residence in 1992. This beautiful stone railway station has a spacious interior and is in mint condition and repair with quality fixtures and fittings, while retaining its old world charm and character. Located just off the main Galway – Limerick motorway (M18 ) and within easy access of the Galway/Dublin motorway (M6 ) and all major facilities. Viewing is a must and you will left in awe upon inspection. Viewings by appointment. AMV: €275,000.
Nos 15 and 16 Waterslade Place, Tuam, Co Galway
Two three-bed townhouses in the centre of Tuam, in immaculate condition and ready for occupation. These properties are for sale by public auction individually. No 15 is an end-of-terrace three bed and No 16 is a mid-terrace townhouse. The properties would provide quality residential investments due to their convenience to all facilities located just off the town centre. They would also make ideal first time buyer/starter homes. Viewings by appointment. AMVs: €140,000 (No 15 ) and €130,000 (No 16 ).
No 3 St John's Place, Raleigh Row, Galway
A very special two bedroom mid-terrace single storey house in Galway city centre with a large garden to the rear. Perfectly positioned just five minutes from the Spanish Arch. Ideal investment property or holiday home. Features include walk-in shower room, high ceilings, and original fireplace in front bedroom and modern inset solid fuel stove in living room. Viewings by appointment. AMV: €220,000.
No 29 Bridgewater Court, Lower Fairhill Road, Claddagh, Galway
Situated just off Dominick Street and within strolling distance of Quay Street and the Spanish Arch. Stunning two bed penthouse apartment in the perfect location. Close to all the trendy bars and restaurants of Galway's West End. Ideal investment property or holiday home. Viewings by appointment. AMV: €170,000.
No 4 Priory Road, Claddagh, Galway
Mid-terrace two bed property located in the historic residential area of The Claddagh. This is an opportunity to purchase a property in the heart of Galway city. The perfect fixer-upper where buyers could put their own stamp and design on the interior. Contains front walled garden and a large south facing rear garden with potential for further extension. Viewings by appointment. AMV: €250,000.
No 16 Aran Court, Knocknacarra Road, Salthill, Galway
One bed apartment close to Salthill Promenade, a leisurely stroll from Galway Golf Club and Blackrock diving tower. Perfectly positioned just five minutes from Joyce’s Supermarket. Ideal investment property or holiday home. Needs some modernisation to fulfil its potential. Viewings by appointment. AMV: €80,000.
No 70 Grattan Park, Salthill, Galway
Semidetached three bed residence in mint condition, totally refurbished, located just off Salthill Promenade.
Conveniently close to both Salthill Village and Galway city centre. Situated in a quiet cul-de-sac, Grattan Beach is two minutes' drive away. There is ample parking and a secure side access gate leads to the south facing rear garden. Viewings by appointment. AMV: €365,000.
Clare View, Convent Road, Kinvara, Co Galway
Recently refurbished and redecorated, this four bed property is located adjacent to St Joseph's National School and Church and a gentle stroll from the supermarket and town centre amenities. The large site also offers development potential. On the edge of the world famous Burren, local beaches include Traught Beach and the Flaggy Shore. Galway city centre is just 40 minutes' drive away. Kinvara is a popular tourist town and is just 15 minutes’ drive from Ardrahan Rail Station. Viewings by appointment. AMV: €250,000.
Ryehill, Monivea Road, Galway
Stunning five bed detached family home in a scenic country setting. The property is presented in showhouse condition throughout and the current owners have spared no expense in creating a beautiful family home with taste, style, and comfort in abundance. Positioned on a large private site in a tranquil setting, with beautifully maintained gardens front and rear and lovely unobstructed views over the Monivea hinterland, this wonderful residence would be a perfect family home for those seeking ease of access of the nearby Monivea village. Viewings by appointment. AMV: €240,000.
No 24 Dangan Heights, Newcastle, Galway
Superb two bed semidetached home presented in excellent condition and ready for immediate occupancy. Accommodation includes an entrance hall and a lounge room with feature open fireplace. A bright and spacious open plan kitchen/dining room completes the accommodation on the ground floor. Upstairs there is a beautifully appointed main bathroom and two double bedrooms with built-in wardrobes and feature shutters on windows. There is ample off street parking to front with a cobble lock paved driveway, a gated side entrance, and a low maintenance landscaped private rear garden with a mixture of paving and gravel patio. There is also a block built shed and fenced oil tank to the rear of the shed. The property would be an ideal owner occupier residence or gilt edged investment property due to its convenient location close to a host of amenities and services. Viewings by appointment. AMV: €275,000.
No 1 The Birches, Tuam, Co Galway
Four bedroom semidetached residence located within walking distance of Tuam town centre. Tuam is within 35km of Galway city and is easily accessed via the M17 motorway. This property is currently rented and is being sold with tenants in situ. The property would be an excellent investment and is located in an area where there is currently good rental demand. Viewings by appointment. AMV €135,000.
Lands at Kilconnell, Ballinasloe, Co Galway
Circa 16 acres of agricultural lands split into three individual lots, located in the townlands of Gortnahoon and Ballymabilla. Located just off the N6 close to village of Cappataggle. Folio No GY43649. AMV €30,000.
No 5 Kiltormer, Ballinasloe, Co Galway
Terraced three bed property located in Kiltormer village close to the church. The property requires upgrading and renovating throughout. Contains a large rear garden with potential to develop further to provide an ideal starter home or investment. Kiltormer is a small village approximately 60km from Galway city and 13km from Ballinasloe. Viewings by appointment. AMV €40,000.
Nos 1 & 2 Amarillo Court, Tuam, Co Galway
Two modern one-bedroom semidetached homes. The properties are located in a small enclave of five homes which are accessed off the main Dublin Road. These homes are being sold individually and would be excellent starter or investment properties. Viewings by appointment. AMV €75,000 each.
No 20 Rinn Lia, Ballybrit, Galway
Two bedroom ground floor apartment in a gated development of approximately 30 apartments. Situated in Ballybrit on the east side of Galway city, the property benefits from an abundance of amenities and services all close by. The area is a popular residential location due to its proximity to several major employers in Galway city, as well as easy access to Galway city centre. Viewings by appointment. AMV €120,000.
Court Lane, Athenry, Co Galway
Traditional style two bedroom terraced property located within 500m of Athenry town centre and overlooking Athenry Castle. The property requires renovation and upgrading throughout. This is an excellent opportunity to purchase a property in a sought after location, within 25km of Galway city centre via the M6. Athenry has all amenities and services such as schools, shops, train station, and a host of cafe and restaurants. Viewings by appointment. AMV €55,000.
No 13 Dunlo Harbour, Ballinasloe, Co Galway
Two bedroom mid-terrace townhouse within walking distance of Ballinasloe town centre. Dunlo Harbour consists of a mixture of apartments and townhouses. Situated adjacent to the Shearwater Hotel and Tesco supermarket. An ideal starter home or gilt edged investment. Viewings by appointment. AMV €65,000.