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Large variety of investment properties set for auction

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The Square, Tuam

O’Donnellan & Joyce have a number of substantial investment properties for sale in their ‘Wild Atlantic Way’ summer auction which takes place on June 17.

Around 50 properties – with Advised Minimum Values totalling €9 million – along the Western seaboard will go under the hammer.

Auctioneer Colm O’Donnellan said: “There’s tremendous selection and variety which are very attractively priced, from high-profile licenced premises to gilt-edged investments throughout the Western seaboard.

“There are some excellent ground floor retail premises for sale with residential units overhead, giving the discerning investor or owner occupier the best opportunity to purchase properties with a combination of rental income streams.”

Among the investment properties included in the catalogue are:

Lohan’s Bar & Restaurant, Salthill. A prime property with five apartments overhead, all of which have views overlooking Galway Bay. The premises has a fully-fitted kitchen, and also includes an off licence.

The apartments at Darcy Court overhead comprise a communal entrance hall with stairs and a lift to first, second and third floors. There are 2 two-bed apartments on the first floor, 2 two-bed apartments on the second floor and a luxurious four-bed apartment on the third floor (originally designed as 2 two-bed apartments).  The rental income per apartment is in the region of €800 per month, while the 4 bedroom apartment is being sold with vacant possession.

There is a communal garden terrace on the second floor with the apartments accessible from Lenaboy Avenue.  The AMV for the block is €1.15m.

E.G. Canavan’s Bar, High Street, Tuam. Traditional licenced premises on the ground floor with smoking area and rear yard.  There are four office units overhead which could easily be converted for residential use. There are open viewings Saturdays from 2.30pm to 3pm. The AMV is €260,000.

For more, read this week’s Connacht Tribune.

 

Connacht Tribune

A home that can generate rent!

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Stonebridge House

New to the market is this lovely, extremely deceptive and impressive home situated only 450 metres from Clarinbridge village.

Stonebridge House is located on a fine site with a tarmacadam driveway, mature shrubs and trees, water feature, decked area and stables to the rear all adding to the many delightful features of this well-built home.

It was built in 1982 and extended in 1993, creating a bright, spacious home which is perfect for today’s busy, modern family lifestyle.

The main house is a six-bed residence with a two-bedroomed basement apartment offering 3,000 sq ft of family living accommodation.

This makes this property perfect for multi-generational living or should you wish to rent out the basement apartment, can provide you with extra income.

The welcoming half front door takes you into the hallway where there is a ground floor bedroom to your left and to your right. Further down the hallway to your right leads you into the spacious kitchen/dining area perfect for family life and entertaining, with plenty of storage space, a Stanley range cooker set into a gorgeous cream brick inglenook with an added feature of a back boiler that heats the water and radiators.

There is an office/media room off the kitchen which every house needs nowadays, as today’s family spends more and more time on the web.

Double doors open to the large tastefully decorated sitting room with a feature fireplace and a solid fuel stove. The den area is filled with natural light with plenty of windows and patio doors opening onto the garden and patio area. Also on this floor is a guest toilet.

Upstairs on the first floor is the spacious landing with built-in storage cupboards and leading to four fine bedrooms and the main bathroom. Another bonus to this beautiful home is the installation of a convenient central vacuum system which is known for its removal of allergens and dust when cleaning and not having to drag a vacuum from room to room!

The asking price is €495,000. For further information or to arrange a viewing, contact DNG Brian MacMahon on 091 638638.

 

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Connacht Tribune

28-acre farm to go under hammer

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Clooniffe Farm in Moycullen

A farm on the outskirts of Galway City – the first of its size to come up for sale in nearly 15 years – is set to be sold in an online auction in September.

According to selling agent Martin O’Connor, Clooniffe Farm in Moycullen is an opportunity not to be missed as farms of this quality rarely present themselves to the market in the region.

This prime farm extends to 28.17 acres and is top quality limestone land which is laid out in large fields divided by stone walls.

The property enjoys excellent road frontage and has the potential for two sites which due to their unique location are prime sites with great demand locally.

The farmyard is set back from the road and has a gravel driveway leading into a large yard area accessed via double gates comes complete with a three-bay back to back cattle shed (four bays with slatted tanks – two dry bays) and a four-bay round top hay barn together with cattle handling facilities and a silage pit slab. The buildings are maintained in good order.

The property enjoys a second entrance from the Ballyquirke Lake side road (the back road to Moycullen village).

“This is an excellent opportunity for new and existing farmers to acquire a ready to go farm on the west side of the city and cut down on long commutes across to the east of the county.

“The land is divided into four distinct sections with a large meadow area to the front, two large equally sized grazing plots to the rear of the yard with the final plot at the rear providing grazing and woodland shelter which could easily be reclaimed into good grazing land,” said Mr O’Connor.

The property has mains water supply and electricity. There are no entitlements for sale with the property.

The Advised Minimum Value is €450,000. The online auction will take place on September 16. For further information or to arrange a farm walk, contact DNG Martin O’Connor Land Sales on 091 866708.

 

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Connacht Tribune

Kick back and enjoy the breathtaking sights of Ireland’s only true fjord

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This beautiful home overlooking Killary Fjord boasts breathtaking and unique views of the surrounding mountains and sea.

‘Killary View’ in Leenane features internal and external finishes of the highest standard.

On entering, you walk into an airy double height open plan kitchen/sitting room area. There is a bespoke cherry kitchen with Belfast sink and granite counter tops, natural slate tiles in the kitchen and teak hardwood floors in all the downstairs living area.

Leading off the sitting room is a large dining room with views of the fjord and mountains with a multi-fuel German stove.

The property features cathedral ceilings and three bedrooms – two bedrooms are downstairs and one has a walk-in wardrobe with en suite and the other double bedroom is adjacent to the family bathroom. Tthe master bedroom on the first floor with en-suite.

The property boasts a state-of-the-art heating system, with underfloor heating and zoned heating and hot water. There are German-manufactured Niveau windows.

Outside, there is a new decking area with BBQ facilities, a wooden garden shed and boiler house.

Selling agent Bernard Cregg said: “This property is located on an elevated site in the stunning village of Leenane on the Killary Fjord, Ireland’s only Fjord.

“Leenane Village is beautiful with great pubs, shops and restaurants and is famous for a number of movies including The Field.

“The property is surrounded by the Maam Turk mountains to the south and and Mweelrea to the west and fabulous views of Killary Fjord, making for spectacular views from all angles.

For more, read this week’s Connacht Tribune.

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