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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

Magnificent property boasts all the elegance of a showhouse

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High standard of finish: Bóthar na Mias in Kinvara.

Farrell Auctioneers are handling the sale of this magnificent home at Bóthar na Mias in Kinvara.

Number 19 simply oozes style and there’s no question it’s right up there with the best of showhouses.

It boasts character and comfort with its design allowing light to flow brightly throughout – thanks to the large glass wall window it features.

A three-bed property, there is also potential for a fourth bedroom on the ground floor. The living area and kitchen are tastefully designed and laid out with modern day comforts in mind.

The bespoke kitchen is every homemakers dream, with its floor to ceiling kitchen units as well as many other features.

This beautiful residence is located within walking distance of Kinvara Bay which is one of the most desirable places to live in the world. Not alone would the property make a beautiful family home and the occupants would have the benefit of the unrivalled natural beauty that the area has to offer, but this lively picturesque village has all amenities needed for everyday living such as schools, childcare, post office, a host of restaurants/cafes/bars, playground, medical centre, hotel, GAA facilities not to mention the instant access to a selection of beaches dotted along the Wild Atlantic way.

Selling agent Colm Farrell said: “This property has to be viewed to appreciate both the dwelling and the stunning setting.”

 The asking price is €450,000. For further information or to arrange a viewing, contact Farrell Auctioneers on 091 632688.

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Connacht Tribune

Former showhouse for development comes with option to buy contents

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No 4 Breacán

DNG Maxwell Heaslip & Leonard are handling the sale of a beautifully designed four-bedroom home on the Letteragh Road in Galway.

Built in 2018, No 4 Breacán was the showhouse at the time and the current owners have kept it to that beautiful, high spec standard.

Comprising approximately 1,250 square feet of bright and spacious living accommodation, this modern A-rated home has been finished to the highest standards and is being sold with a host of features, including a fully integrated kitchen (with electrical appliances), a beautifully landscaped, south facing rear garden, extensive tiling, and wood floors throughout and private parking for two cars, to mention just a few.

Selling agent Kyle O’Brien said: “4 Breacán is an outstanding home that is ready for immediate occupation. Built by well-known developers ‘Burkeway Homes’, it was the showhouse and credit to the owners, they have kept in that condition.

“The new owners can turn the key and walk straight in without having to do a thing. There is also the option of the purchasing all the contents which are all relatively new and in perfect condition.

“With material and labour costs continuing to sore, this is the perfect home for buyers who literally want a ‘showhouse’ quality home,” said Mr O’Brien.

The asking price is €435,000. For further information or to arrange a viewing, contact DNG Maxwell Heaslip & Leonard on 091 565261.

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Connacht Tribune

Well-maintained home just a short walk to schools

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Fort Lorenzo, Galway: on the market for €515,000.

This detached family home is located at Fort Lorenzo in Galway and is in excellent decorative order throughout.

No 8 Barr na Carraige, which is accessed off the Bishop O’Donnell Road roundabout, was built in the mid 1990s by Brennan Developers. It is part of a small development of just 26 units and is mainly owner occupied and comprises a mixture of semi-detached and detached family homes.

The property is in excellent decorative order throughout and benefits from having a private west-facing rear garden and overlooks a green area to the front.

Constructed and fitted to a very high standard, this 116 square metre (1,249 sq ft) home is very well maintained both internally and externally. The ground floor comprises a large living room to the front with solid fuel stove.

The kitchen/dining area to the rear features sliding doors to the west facing garden. A utility room and guest toilet complete the ground floor accommodation. Upstairs there are four double bedrooms, one of which is en suite and the main bathroom. A large hot press completes the upstairs accommodation.

Barr na Carraige is an established, mature and quiet residential area, close to all services including Gateway Shopping Park – where Dunnes, B&Q and Harvey Norman are the anchor tenants – and the new Tesco supermarket (formerly Joyces).

There is a variety of schools of all levels within easy walking distance including Salerno and St Enda’s Secondary School, which are less than five minutes’ walk from here.

A short stroll from the property, down Threadneedle Road, will bring you to Salthill Promenade.

Selling agent Lorraine Scully said: “Overall, this is a truly impressive home in an outstanding location, it must be viewed to be appreciated.”

The asking price is €515,000. The BER Rating is D1. For further information or to arrange a viewing, contact Sherry FitzGerald on 091 569123.

 

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