Tuesday 11 December 2018

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Cork Independent

Home & Property

94% success at auction

Wednesday, 6th December, 2017 6:00pm

The Munster Property Auction finished a year of public auction events on a high note.
It recorded a 94 per cent success rate at its last public auction event and the team reported strong interest and viewing levels in the lead up to the event and sold 16 out of 17 of the properties offered.

This was the company’s fifth and final auction event of 2017 and the auction offered properties from across the province including Clare, Cork, Kerry, Limerick and Tipperary.

This result, added to the result of the four previous public auctions, leaves the company with an impressive 90 per cent sold rate over the course of the year.

One of the more popular lots at the event was a three-bed apartment in the holiday resort at Barleycove, West Cork, which was offered for sale in partnership with Martin Swanton Properties, Ballydehob and sold for €190,000 to a bidder in the room.

Also with Martin Swanton Properties was a retail unit at Main Street, Schull. Bids came in quick succession until the hammer fell at €140,000.

Sold in partnership with partners Matt Fallon, was a recently renovated two bed terraced house in Cork city. 2 Convent Terrace was sold after the vendor accepted a pre-auction bid of €217,000.

The company confirmed five public auction events for 2018, with the first to take place on 1 March. The Munster Property Auction is continuing to take entries for their online auctions which are ongoing.

To discuss selling your property by auction or to arrange a free valuation, call the auction team on 021-2349696 or visit munsterpropertyauction.ie.

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