Distressed property auction sees poor uptake

There was a poor uptake at Munster's first ever discounted property auction.

Only two out of the 63 properties were sold as it is understood buyers felt reserve prices were too high.

The two properties that sold included a one acre site at Dun Chaoin, Dingle, in Co. Kerry for €26,000 and a 10 acre site at Leap, near Skibbereen in Co Cork which went for €68,000.