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.
Combining city with country
Ashleigh House is a superbly positioned five-bed detached family home located in a nice quiet cul de sac with a country setting and yet less than three miles from Galway City.
This property is situated in a much sought-after location at Carrowbrowne on the Headford Road, close all amenities such as Ballindooley Stores, Tesco Express, Castlegar and Menlo primary schools and it is a short distance to Parkmore and Ballybrit industrial estates.
The house measures 230 sq m (2,476 sq ft) and was built in 2005, but has been upgraded and recently modernised.
It is situated on a half-acre site with mature landscaped gardens. This large detached home provides spacious accommodation throughout with kitchen/dining room, sunroom, living room, five bedrooms (all of which are en suite) main bathroom and a utility. The property is finished to a high standard with solid timber floors throughout, a marble fireplace and solid fuel stove.
The kitchen/diningroom has tiled flooring, fitted units and island, as well as a solid fuel stove and spotlights. The sunroom has solid wooden flooring with side and rear windows and patio doors to the rear garden.
The utility room is tiled, has a door to the rear garden, and is plumbed for a washing machine and dryer.
To the front of the house, the livingroom has solid wooden flooring and front and side window, with a solid fuel fireplace with marble surrounds.
The asking price is €397,500. The BER Rating is B3. For further information, contact Sherry FitzGerald on 091 569123. A virtual viewing is available.
Impressive family home boasts great attention to detail inside and outdoors
This impressive family residence located at Tynagh Road in Portumna is set on a 0.75-acre site with private mature grounds and within short walking distance to the town centre, Portumna Forest Park and Lough Derg.
On entering Woodfield House, one can immediately appreciate the sense of space, complemented by an abundance of natural light and with every step, one will notice the attention to detail and quality of finish throughout.
The accommodation begins with entrance foyer, fitted with charcoal grey ceramic tiles with double French doors to the front steps and internally leading to the entrance hallway fitted with ceramic tile flooring and the beautiful handcrafted white oak staircase.
The formal sitting room is located off the hallway, with its high ceilings and antique Rosso marble fireplace. With windows overlooking front lawns, the warm decor combines delightfully here with solid wood flooring.
Double doors lead from sitting room to a light filled room with French doors overlooking rear garden – this Library is a most comfortable room in which to relax and unwind, and is further complemented by tasteful decor and solid oak flooring.
The delightful country style kitchen boasts double windows overlooking rear gardens. There are custom-designed solid oak kitchen units and granite worktop together with high quality appliances including an Aga Rayburn range.
For more, read this week’s Connacht Tribune.
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Family home boasts stunning views across Galway Bay
This is an incredible opportunity to acquire a stunning family home situated on a large site in Barna, which boasts breathtaking and unobstructed views over Galway Bay.
The six-bed house at An Faoileán in Freeport in within 50m of a beautiful beach and just 500m from the heart of the village.
The village offers excellent amenities including a wide variety of restaurants, cafes, shopping facilities, crèches, excellent schools and the award-winning hotel, The Twelve.
This idyllic retreat is located along the Wild Atlantic Way at the end of a very tranquil cul de sac and is sure to delight even the most discerning of property hunters.
It stands on a beautiful elevated and the externally, it has been beautifully maintained with manicured gardens and patio areas which enjoy all-day sun.
The gardens are magnificently cultivated and landscaped with carefully tended lawns and mature planting found throughout.
Internally, this home contains a quality finish throughout with a substantial accommodation ideal for modern day family requirements. Furthermore, the design maximises the light and views from the property over Galway Bay.
A spacious garage to the rear offers an ideal home office, study or storage area.
The property, which was built in the late 1980s, measures 311 square metres and offers double glazed windows, oil-fired central heating, a range in the kitchen, and a B3 BER Rating.
Selling agent Niall Browne said: “Properties in this area rarely come to the market and this is one of the finest and most attractive family homes to come to the market for some time. This is an outstanding family home in a unique location. If you are looking for a superior quality home with no work, we strongly recommend viewing you will not be disappointed.”
The asking price is €795,000. For further information, contact O’Donnellan & Joyce Auctioneers on 091 564212.