Great value available at Colleran’s auction next week

There is still an opportunity this weekend to attend the last open viewings of the properties being auctioned by Don Colleran next Thursday, March 27, in the Victoria Hotel. With prices as low as €85,000 there is certainly value on offer for cautious investors who currently have money on deposit but can now see the lift in the property market making for a more attractive investment.

No 29 Nuns Island is a real city centre gem. Although in need of attention its location puts this property up there as one of the best investments currently on offer at an AMV of only €110,000. Nuns Island is located just off O’Brien’s Bridge, opposite Galway Garda Station, in a beautiful central location adjacent to the canals and the River Corrib. Accommodation consists of two bright bedrooms on the first floor with a sitting/dining room, kitchenette, and bathroom on the ground floor, and a small back yard. With your own front door and no management fee this is certainly a more attractive investment or home than an apartment. Viewing is strongly recommended this Saturday from 12 noon to 12.30pm.

Another property that will be of interest to investors is No 7 Shantalla Road. Its proximity to the hospital and university make it an obvious choice for investors, and its very large undeveloped back garden is also proving of interest to families looking to live in the city centre with all its obvious conveniences nearby. In need of considerable attention, which has clearly been reflected in the AMV of only €85,000, this could be the star buy of the auction according to Don Colleran. Accommodation currently consists of three spacious bedrooms, sitting room, kitchen/dining room, and bathroom, and a very large back garden seldom found in the city centre offering obvious potential for further development, subject to planning. Open viewing this Saturday from 12.45pm to 1.15pm.

If property development is not your thing and you are looking for something in turnkey condition, then No 68 Dun Na Carriage, Salthill, could be just what you are looking for. On the shores of Galway Bay opposite Blackrock diving boards and adjacent to Galway Golf Club, this is a very special property which will certainly appeal to investors, but because of its setting it is more likely to be purchased as a home according to Don Colleran. Finished to a very high standard with quality on view throughout, its bright south facing living space and balcony overlooks a manicured green area and also some limited sea views, setting it apart from other properties in the area. AMV is €180,000. Open viewing is Saturday from 1.45pm to 2.15pm.

The auction will take place on Thursday March 27 in the Victoria Hotel. For further details contact Colleran auctioneers 091 562293.

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