You cannot beat location

Colleran auctioneers' next auction on November 26 will include properties in some of Galway's most sought after locations. 

No 24 Middle Street is a development property in the heart of the city, less than 100 metres from Shop Street, opposite the Taibhdhearc and adjacent to the King's Head. Middle Street offers a very rare opportunity to purchase a gilt edge investment with full planning permission already granted to construct a retail unit on the ground floor and two large apartments overhead.  This property will be of obvious and immediate interest to builders as they will be able to start construction almost immediately without the long delay and cost of obtaining planning permission. However  it will also appeal to investors with money sitting on deposit earning very little interest. How often do you get the opportunity to purchase an affordable, commercial, city centre property with full planning and simply hold for a few years and sell the site on to a developer in the hope of capital appreciation? Full drawings and details are available from Colleran auctioneers. AMV is €200,000.

Also included in Colleran's November auction is No 66 Renmore Park, an extended five bedroom house sitting on a very large corner site. In need of some modernisation, No 66 would make an excellent family home or investment due to the abundance of living space on offer and its unrivalled location. Renmore is one of Galway's longest established and most desirable residential locations, within walking distance of all necessary amenities including shops, schools, churches, leisure centre, regular bus service, and large open greens and parks that you will seldom find in the city. The accommodation includes entrance hall, sitting room, living room, kitchen/dining room, downstairs wet room with toilet, and utility area. On the first floor there are four large double bedrooms, a single bedroom, and a bathroom. In addition to the large living space of approximately 1,800sq ft there is also a very large back garden as the house sits on a corner site. In need of modernisation, which is clearly reflected in the advised minimum value of €195,000, viewing is recommended. Open viewing takes place Saturday from 11am to 11.45am.

If you are looking for an investment/city centre house or somewhere for your children to live while attending college in Galway, then No 31 Glenmore, College Road could be just what you are looking for. This charming, compact, two bedroom bungalow is less than a five minute stroll from Eyre Square and is tucked away in a quite cul de sac behind Yeats College and adjacent to City Hall. With parking outside the front door, a generous walled back garden, and a open feature fireplace in the living room, it makes a nice alternative to apartment accommodation. If you want to live in the city centre with all the conveniences on your doorstep, then you should view Glenmore.  Open viewing takes place Saturday 12 noon to 12.30pm. AMV is €240,000.  

For further details contact Colleran auctioneers at 091 562293.

 

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