O’Donnellan & Joyce has announced details of its forthcoming property auction which will be held on November 15 at 3pm in the Harbour Hotel, Galway.
According to Colm O’Donnellan of O’Donnellan & Joyce auctioneers tremendous vibrancy is starting to return to the property market as people realise the exceptional value on offer and the fact that there is little or no return on cash held on deposit in a bank. There is also the incentive of no capital gains tax for properties purchased between now and December 2014 and held for seven years. This now makes property the most attractive investment, as cash clients realise that the market has started to move off the bottom, and with the likelihood of major increases taking place over seven years, and when they sell the property no capital gains tax will apply.
O’Donnellan & Joyce’s November 15 auction offers incredible diversity and value. The following is a list of the properties on offer.
No 169 Dun na Coiribe, Headford Road: A four bedroom detached home presented in good decorative order and condition, AMV €220,000. Open viewing Wednesday and Saturday 12.30pm to 1.30pm.
No 109 Sliabh Carron, Gort: Spacious new four bedroom semidetached residence, AMV €79,000. Open viewings Thursday and Saturday 11am to 12 noon.
Derrymullen, Ballinasloe: Three detached houses with potential for development for a further 19 homes, AMV €60,000 (plus bond and development contributions ). Open viewings Thursday and Saturday 2pm to 3pm.
Four Seasons, Dunmore: Licensed premises in need of refurbishment located in the heart of Dunmore village, AMV €50,000. Open viewings Sundays 11am to 12 noon.
Gloves, Athenry: Four bedroom detached residence standing on 0.5 acre, in need of refurbishment throughout. AMV is €20,000. Open viewings Wednesday and Saturday 12.30pm to 1.30pm.
Lenamore, Athenry: Three bedroom detached residence standing on 0.5 acre, in need of refurbishment. AMV €20,000. Open viewings Wednesday and Saturday 3.30pm to 4.30pm.
Two commercial units and apartments, Athenry: Two commercial units with four apartments overhead, being sold as one lot. AMV €100,000. Open viewings Wednesday and Saturday 2pm to 3pm.
No 25 Ballybrit Court, Ballybrit: semidetached residence converted into two apartments, AMV €100,000. Open viewings Wednesday and Saturday 11am to 12 noon.
No 9 St John’s Terrace, Galway: Centrally located four bedroom residence within five minutes’ walk of the city centre, AMV €130,000. Open viewings Wednesday and Saturday 11am to 12 noon.
No 14 Hybrasil Court, Circular Road: Three bed detached bungalow located just off Circular Road in need of total refurbishment throughout, AMV €150,000. Open viewings Wednesday and Saturday 2pm to 3pm.
No 21 Woodlands Park, Moycullen: Magnificent five bedroom detached residence set within a mature estate, AMV €285,000. Open viewings Thursday and Saturday 12.30pm to 1.30pm.
No 10 Cul an Aith, Barna: Four bedroom modern terraced residence within walking distance of Barna village, AMV €220,000. Open viewings Wednesday and Saturday 3.30pm to 4.30pm.
No 51 The Maples, Ballyhaunis, Co Mayo: Attractive four bedroom semidetached residence in good condition throughout, AMV €50,000. Open viewings Sundays 12.30pm to 1.30pm.
No 17 Westview, Cloonfad, Co Westmeath: Four bedroom semidetached residence which requires some upgrading, AMV €15,000. Open viewings Sundays 2pm to 3pm.
No 22 Westview, Cloonfad, Co Westmeath: Three bedroom semidetached residence in superb condition throughout, AMV €15,000. Open viewings Sundays 2pm to 3pm.
Lands at Barna: 4.5 acres located 0.5 mile from Barna village and six miles from Galway city, AMV €50,000.
Lands at Cloghanboy, Athlone, Co Westmeath: 13 acres in a high profile location with frontage onto the N6 Athlone bypass. Zoned residential. AMV €100,000.
Lands at Carrowmore, Knock, Co Mayo: 15 acres located within 1km of the village of Knock. Previously held planning permission for nursing home and retirement village. AMV €70,000.
Lands at Gort: 13 acres located close to Gort town centre, part zoned for town centre/mixed development use. AMV €65,000.
For further details in relation to this auction contact Colm O’Donnellan 087 2887446, Anne Harding 086 8173335, or Mary Fahy 087 9969831.