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Gross yields up to ten per cent on investment properties in DNG Maxwell Heaslip & Leonard’s July auctions
Investors looking for an excellent return on their investments would be well advised to look closely at some of the properties featuring in DNG Maxwell Heaslip & Leonard’s forthcoming auction on Friday July 24 in the Radisson Blu Hotel, Lough Atalia, at 3pm. A range of properties ideal for investors are going to the auction floor, boasting returns of between six per cent and 10 per cent gross yields.
O'Donnellan & Joyce auctioneers along with joint agent Savills is offering for sale Geata an Eolas, a prominent mixed use development directly opposite University Hospital Galway and adjacent to NUI Galway, located just a short walk from Galway city centre.
It was a day for the buyer at O’Donnellan & Joyce’s packed auction room in the Harbour Hotel, Galway, last Friday, April 17. It was the company’s second auction of the year, and the seventh in 15 months, where excellent value for money was on offer for more than 500 eager buyers who generated €3.2m in property sales from lots presented from Galway, Mayo, Sligo, and throughout Connacht.
A total of €1m was awarded to 22 Galway people who sustained injuries in workplace accidents last year.
O’Donnellan and Joyce recorded one of the largest one day sales when the company placed 57 properties up for sale by public auction in the Harbour Hotel, Galway, on Friday. The properties were located throughout the western region from Sligo to Clare. There was enormous interest not only locally but nationally too, with bidders from all over the country.
Business Impact Celebration reveals Mayo businesses contributed more than €450,000 to local charities and community groups in 2013
In Mayo in 2013, businesses donated a total of €458,011 in cash and in kind donations to local charities and community groups. More than 1,295 hours were volunteered by local employees and over 134 community partnerships were supported. This information is being captured by Business in the Community Ireland, on an online interactive map entitled the Business Impact Map which gives a county by county breakdown of how companies such as A&L Goodbody, ESB, Intel Ireland, Diageo Ireland and their employees supported their local community groups and charities during 2013.
The Institute of Project Management recently published its ninth annual survey of project management practitioners in Ireland. This survey is jointly undertaken by the institute and UCC Department of Management and Marketing and took place across five geographic regions – Cork, Dublin, Galway, Limerick, and Waterford.
Niall Browne, manager of O’Donnellan & Joyce’s secondhand residential market, said this week that over the last six months there has been an enormous increase in the volume of activity and sales in the secondhand market, particularly for properties under €300,000 with an upsurge in both sales and viewings.
Mayo County Council has recorded a small surplus of just under €55,000 so far this year on its budget income and expenditure for the first six months of the year. Head of Finance for Mayo County Council, Peter Duggan gave the elected members a half-yearly update on the financial standing of the council at the July meeting of the authority last Monday. The council had adopted a budgeted spend of €120,085,841 for the year and up to the end of June, they had spent €55,287,675 and taken in €55,342,619.
O’Donnellan & Joyce auctioneers has announced that it is holding two mega property auctions on Friday July 12 and Thursday July 25. The auctions are open and transparent and there is exceptional value on offer, with reserve prices all at a very low level.