The sales method, given a first Munster outing in May, resulted in 16 of 20 lots selling at, or prior to, auction, with a number exceeding their quoted reserve prices. About 150 attended the May auction, and one property alone had 20 registered bidders — so interest is high in this second outing in the Rochestown Park Hotel.
Lots include the three-bed, c1,000 sq ft mid-terraced house at 11 St Philomena’s Rd, Gurranabraher, Cork City, seeking bids at or over €62,000 via Property Partners’ Matt Fallon, who says it needs upgrading.
The same agent also has an end-terrace two-bed house across the city at 10 Glenview, on the South Douglas Rd. It’s in a cul de sac, in good condition, and is guided at bids over €95,000.
That €95k-plus mark is also attached to the Ballyferriter, Co Kerry, property called Tigh an Tobar — which has a water spring as an unusual internal feature. It’s being sold in partnership with Fitzgerald & Associates and is a retail property with seven bedrooms in the scenic Slea Head village.
It has scope to be used as a hostel or other commercial venture, with rear access.
In Tipperary town, an investment with three one-bed apartments renovated in 2007 at Emmet St is offered at bids over €89,950 in partnership with Liam O’Grady Auctioneers.
In Youghal, East Cork, Property Team Noel Mackey is selling a 19th century four-bed townhouse, needing work, and is seeking bids over €59,000. It’s right in the town centre, and includes a 320 sq ft garage nearby.
Considerable investor interest may be shown in a modern three-bed apartment in a student development in Limerick. Agents Rooneys will seek bids over €29,950 at the Munster Property Auction for the ground-floor 41 Cratloe Wood, in a purpose-built student complex with CCTV and management services.