Almost €3 million worth of residential and commercial property was sold under the hammer in Galway last weekend.
The highlight of the O’Donnellan & Joyce auction was the sale of a four-bed semi in Glenard Crescent, Salthill – in need of extensive refurbishment – which sold for €472,000, almost 20% over its Advised Minimum Value.
In Furbo, a stunning six-bed detached house – designed by Hermann Peltz, one of the architects behind the Olympic Stadium in Munich – sold for €485,000.
In Clarinbridge, a large detached house in Stradbally North also attracted huge interest and sold for €340,000 – 15% over its guide price.
Auctioneer Colm O’Donnellan told Tribune Property: “We’re very pleased with the afternoon, considering the huge success of our 2014 auctions and the absence of Capital Gains Tax relief. Investors were still very evident in the auction room and hungry for the quality investment properties we had on offer in the city, all of which achieved excellent prices.
“The demand for quality family homes remains very high in Galway city and county due to the popularity of the location and the lack of building in recent years,” said Mr O’Donnellan.
Demand was huge for investment properties close to GMIT – a six-bed detached house in Heather Grove, Ballybane in need of refurbishment sold fold €137,000 after intense bidding. Its AMV was €125,000.
Investors were also out in force, bidding on a mixed-use development of retail, office and residential units located at ‘Dun Eibhir’ in Furbo. Bidding on this property was intense, with an opening bid of €370,000 and increasing in bids of €5,000 until it eventually sold for €430,000.
Investors were also presents for houses in Ballybane, 23 Bayview Rise, a four bed mid-terrace residence in need of refurbishment, had excellent interest. Bidding started at €60,000 and the auctioneer’s hammer fell at €96,000. 16 Clareview Park also attracted strong interest and sold for €118,000.
A two-bed apartment at Weighbridge House in Oughterard sold for €60,000; while a partially-completed house on 0.5 acres in Brockagh, Corofin sold for €70,000. A two bedroom apartment at 3 Aonach, Ballinasloe sold for €29,500.
There was a variety of land sold on the day including 50 acres of agricultural land in Barna, which sold for €100,000.
A site with full planning permission for six semis in Sliabh Carron, Ennis Road, Gort sold for €36,000.
15.3 acres at Parkroe, Craughwell sold for €135,000 and 16.5 acres of agricultural land in the beautiful area of Kilcornan, Clarinbridge sold for €180,000.
Bungalow in sought-after Taylor’s Hill
A modern bungalow-style residence in the sought-after Taylor’s Hill area of Galway has come on the market.
No 4 The Nurseries is a semi detached single storey property with side access, rear patio garden and off-street parking. The property is close to established services including recreational amenities, the Promenade, the city centre and with regular public transport on Taylor’s Hill.
The house is well presented, fitted and maintained. On entry, there is a large hallway leading into the kitchen/dining/living room with fitted kitchen units, carpet floors in living area, brick surround fireplace with gas stove inset and double patio doors to private rear yard.
There are two double bedrooms both with built-in wardrobes. Finally, a recently upgraded shower room which has a new suite and tiling. The house benefits from oil-fired central heating, double glazed PVC windows, and is well fitted and maintained.
The rear patio is private and paved with pedestrian rear access and storage shed. Parking is to the front of the property for one car.
According to selling agent Tony Kavanagh, No 4 offers a quality ready to occupy single storey home in a prime location and will suit buyers who require quality in location and property.
■ The asking price is €375,000. The BER Rating is D1. For further information or to arrange a viewing, contact Sherry Fitzgerald on 091 569123.
Beautiful family home with selection of classic features
This beautifully appointed two storey, four bedroom family home is set on one acre of mature landscaped grounds and enjoys an enviable location.
Being within a five-minute drive to the villages of Oranmore, Maree and Clarinbridge, the property at Creganna Beg was built in the 1970s.
The accommodation in Woodvilla extends to 2,583 sq ft and comprises of entrance hall, off which there are two reception rooms to include a formal dining area, kitchen and separate breakfast room, utility and guest toilet.
The first floor accommodation comprises a family bathroom, four bedrooms, three of which are en suite and the master bedroom has a large, walk-in dressing room.
The property includes two block constructed stables and a galvanised and Steeltech shed. The property oozes old world charm featuring gothic style, double glazed windows and solid wood, double entrance doors, with decorative stained-glass frame; hardwood floors, stairs and internal doors, skirting and architrave; classic, white marble, sitting room fire surround; traditional sanitary ware and vintage tiles.
For more, read this week’s Connacht Tribune.
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Welcoming property in sought-after area
This outstanding property, which is located in the highly sought-after Oranswell area of Bushypark in Galway, offers all that one could require in terms of modern day living.
Measuring 289 square metres and constructed in 1996, it is found on a private superb site of one acre of landscaped mature gardens with double patios, bordered by a stream.
Ceann Scribe is an exceptional property that has been finished to the highest possible standards. Tucked away and close to the main Moycullen Road, it has a lovely country location while located so close to the city.
It offers a wonderful welcoming hall, a most beautiful bright and airy family room and perfectly appointed open plan kitchen, dining room and family room which overlooks the rear and side gardens. A utility room and guest toilet are also found on the ground floor.
The sleeping accommodation is found over ground and first floor, offering five good sized bedrooms. The master and guest bedroom on the ground floor are both en suite.
The first floor contains the additional three double rooms and main family bathroom. Furthermore, the property offers a den area accessed by a loft which would prove ideal for a home office, playroom or additional sleeping accommodation if so required.
A sizeable garage with double doors completes the accommodation. Some notable features of the property include hollow core flooring between the ground and first floor and a modern heating system which has four-zone heating.
Selling agent Niall Browne said: “This home is without doubt one the finest homes to come to the market in recent times and offers privacy and beautiful scenery in abundance.”
The asking price is €750,000. For further information or to arrange a viewing, contact O’Donnellan & Joyce Auctioneers on 091 564212.