Following on from the much publicised success of the first of their series of autumn auctions, Galway’s citys leading property firm DNG Maxwell Heaslip & Leonard have now launched its November auctions with large turnouts already at open viewings.
Hoping to keep the exceptional success rate going, the agents are bringing eight lots to the market on November 8 in the Radisson Hotel. As usual, they are offering their usual mix of properties, with something to suit potential buyers from all sectors of the residential market. Director Fergal Leonard believes that the rapid growth of DNG’s auction business is down to its ability to handle all types of sales and its ability to market properties through the countries biggest estate agency group.
“We have always had a strong presence in the west of Ireland property market, but since we joined with the DNG Group six month ago, we have moved to a whole new level. This is clearly evident with our auctions, where we have had huge success and are now widely recognised as the agents who can handle all types of sales. Being part of Irelands largest estate agency group means we can offer our properties to a huge database of buyers, which is what any seller really wants when going to the market”.
He goes on to add, “We have recently our auctions to the Radisson Hotel to cater for the increasingly large numbers coming to our events, and while this is partially due to the recent positivity in the Galway property market, its is also down to the service and professionalism that our auction team provides to our clients. And although the venue is much bigger, we still limit our lot numbers to ensure that each property gets the attention it deserves and does not just become a number in the running order”.
The city based agency have been pioneers when it comes to embracing technology and were the first in the west of Ireland to offer a live webcast of their auctions and with each event they are bringing the experience to greater heights. Over 1,200 viewers watched their September auction, from all over the globe, and their November live broadcast promises to be just as engaging.
8 Alderbrook, Rockbarton
The first offering to the market is number 8 Alderbrook on the Rockbarton Road in Salthill. Adjacent to Salthill Park on a tree lined road and just a short stroll to the promenade, this beautifully appointed townhouse property is sure to attract those seeking a spacious, well laid-out residence in one of the cities most sought after locations. Comprising approximately 1,250sq.ft., this three storey mid-terrace residence is one of ten properties in a modern, fully secured, gated development and is being sold in absolute pristine condition. As well as having a fully integrated kitchen, wood floors and extensive tiling throughout, the house has a tiered raised deck garden area and includes two private parking spaces. Close to numerous schools and all amenities, the location is second to none and has potential as either a prime investment property or as a private secure home. The guide price for this property is a hugely attractive €225,000 and open viewings will take place each Saturday between 3.30pm and 4.30pm. The solicitor with the carriage of sale is Mr Patrick McEnroe, McEnroe Solicitors, John Street, Sligo.
16 Gort Na Coirbe
Lot two sees number 16 Gort Na Coirbe on the Headford road come to the market. A spacious ground floor two bedroom apartment, this O’Malley built property is one of a purpose built scheme designed to cater for lettings to the much under supplied NUIG student market. Built to the highest standards, the apartment is very well finished with a particular emphasis on keeping everything low maintainence. Constructed in 2002, the development is within a short walk of the University campus and is just ten minutes from the heart of the city centre. In 2012, the unit generated an of almost €8,000, net of all costs and expenses. For those looking for a guaranteed return on their investment, coupled with a top class location, then this ticks all the boxes. With a most attractive AMV of just €110,000, there is much to catch the eye of prospective buyers. Open viewings will take place each Saturday and Wednesday between 2.00pm and 3.00pm and the solicitor with carriage of sale is Mr Michael Molloy, Blake & Kenny, Francis Street, Galway.
Galboley, Bullaun, Co Galway
The third lot to be offered to the market is an outstanding detached residence in the popular rural location of Galboley on the outskirts of the picturesque village of Bullaun in Loughrea. A dormer residence with just over 2,000sq ft of living space, this really well presented family home is both bright and spacious and is in turn-key condition. On a site of 0.5 acres, the house is finished to an exceptional standard with extensive tiling throughout, a modern cream shaker kitchen, top class carpets and carpets – all very well maintained. Just half a mile from Bullaun Village where there is a national school, a shop, pub and the local GAA grounds are easily accessible. Loughrea is seven kilometres away and Galway city center is a 35 minute commute away. With a modest guide price of €85,000, this impressive property will certainly catch the eye of those seeking a quality family home in a peaceful rural location. Open viewings are every Saturday between 12.00 and 1.00pm and Mr Ken Byrne of Ken J Byrne Solicitors 17 Rock Hill, Blackrock, Co. Dublin is in charge of the carriage of sale.
52 Mullan Mor, Tuam Road, Galway
The fourth lot of the afternoon will see number 52 Mullan Mor on the Tuam road come to the Auction floor. Built in 2006, this excellent two bedroom, ground floor apartment is part of a modern complex of mainly two and three bedroom apartments and is being offer to the market in absolutely pristine condition with wood floors, a fully integrated kitchen and utility room, two double bedrooms and a rear garden. Close to numerous business parks and within easy access to the city centre, these apartments offer excellent all year round rental yields and are an ideal investment opportunity for those seeking an alternative to the poor rates available in the financial institutions.
Being sold fully furnished and with ample parking this superb apartment is coming to the market with an advised minimum value of €90,000. Open viewings are each Saturday and Wednesday between 12.30 and 1.30pm and Mr John O’Neill of John O’Neill & Co Sols, Bridge Street, Loughrea, Co Galway will look after the carriage of sale.
6.5 acres, Ballyglunin, Co Galway
The fifth lot to be brought to the market is a lovely parcel of land at Laraghmore, in Ballyglunin in a location steeped in agriculture but not without great potential. The lands can be accessed either from Galway via Turloughmore, or from Athenry or Tuam. This 6.5 acre plot which is fully walled in, fronts onto the R347 Tuam-Athenry road, with additional frontage onto an adjacent secondary road. There are local schools and shops close by and the property is being sold with the benefit of full planning for 16 detached houses and associated services. This may have development potential or indeed may be suitable for a scaled down development of individual homes. Alternatively, this is top quality agricultural land that will undoubtedly appeal to local landowners wishing to expand their holding. With a guide price of €50,000, full details and maps for this parcel can be obtained on request. The solicitor in this instance is Ms Sheena Beale of Kane Tuohy Solicitors, Grand Canal Quay, Dublin 2.
86 Gort Na Coiribe
Lot six sees a property on the Headford road in Gort Na Coirbe with number 86 coming to the open market. A mid terrace, three storey townhouse, this property, similar to the aforementioned number 16, is also part of the award winning O’Malley Development and is currently being rented under the fully managed student accommodation program. The townhouse sleeps five and generates a fantastic annual rental income with the net figure for the past twelve months at €13,500. As with all of the units in the development, the property is very well finished, includes all contents and has the benefit of plenty of parking. Being sold with tenants in place, the presence of an on-site management office, gives the investor further confidence that their investment is rock solid. Open viewings began this week and will continue every Saturday and Wednesday between 2.00 and 3.00pm. With a guide price of €140,000 this represents excellent value and viewing is highly recommended. Mr Michael Molloy of Blake and Kenny Solicitors, Francis Street. Galway will handle the carriage of sale.
2 Lios Ealtan, Nile Lodge
The seventh lot in the series sees a ground floor two-bedroom property in Nile Lodge brought to the market. Number 2 Lios Ealtan is situated just off The Crescent and is just a five minute walk west to Salthill, and an equally short walk east to the city center. In excellent condition throughout, the apartment is ready to move into. Part of a well presented development of apartments and townhouses, this unit comes with secure gated parking, it’s own private entrance and circa 625sq ft of living space. Its central location is probably this apartment’s greatest attribute and as a result, has the potential to earn €10,000 per annum in rental income. With the AMV a very realistic €115,000, this will surely appeal to either an astute investor looking for a decent return on his money, or for those seeking to downsize to a much sought after location. Open viewings take place each Wednesday and Saturday between 3.30pm and 4.30pm and Mr Martin Mulroy of Mulroy & Company Solicitors of 4 University Road, Galway is the solicitor with carriage of sale.
Mount Street, Claremorris
The eight and final lot of the November auctions see’s a former public house in the town of Claremorris in Co Mayo come to the market. Located on Mount Street on the Balla road, the property is a three storey terraced premises in the centre of the town. Comprising a ground floor commercial space comprising almost 1,000sq ft, the property has three apartments over head (2 x two bedroom units & 1 x one bedroom unit ). Untill recently the ground floor was trading as a license premises, but is no longer trading as such. With some renovation, the space could be utilized as a retail unit which could generate a decent income due to its vicinity to the town center. Being offered to the open market with a advised minimum value of €70,000, this certainly represents excellent value for a property with excellent potential returns. Viewings are by appointment only and the solicitor with carriage of sale is Mr Brendan Dillon of Dillon Solicitors, Nutgrove Office Park, Rathfarnham, Dublin 14