Summer success at auction
The hammer fell on a wide range of family homes, builders' projects, public houses and land at a recent property auction.
The Munster Property Auction held its latest public auction this month with two more planned before the end of the year.
A popular lot at the auction was The Waterside Bar & Restaurant in Schull which was offered for sale in in partnership with James Lyons O'Keeffe Auctioneers.
The property benefits from a seven day licence and three overhead apartment and was subject to strong interest in the lead up to the public auction. After over a dozen bids the property sold under the hammer for €230,000.
In Mitchelstown, in partnership with property Partners Matt Fallon, 13.5 acres of agricultural land was offered for sale. The land is ideally located on the corner of the Clonmel/Fermoy Road and attracted strong interested from the local market before the vendor accepted a bid of €85,000, which was made on munsterpropertyauction.ie prior to the live event.
Elsewhere, in Tipperary a three-bedroom semi-detached dwelling in an unfinished housing estate was sold in partnership with P F Quirke & Co in Clonmel.
Bidding came in swiftly, and after over 20 bids from a number of parties, 1 Curragh Cois Taire in Goatenbridge successfully sold for €59,000.
While in Limerick, a townhouse that overlooks the River Shannon, located next to King John’s Castle was also sold in partnership with Rooney Auctioneers. The property will require renovation works but there were a number of keen local buyers in attendance hoping to secure this well located property. After some brisk bidding, it sold for €110,000.
The final lot of the event was an attractive three bedroom residence in Tipperary. 3 Aherlow Woods was sold in partnership with PJ Broderick & Co Auctioneers and proved to be the most popular lot of the event. Bids came forward briskly with several parties raising their bidding paddle, as well as per registered phone bidders. The auction team really had saved the best for last and after 44 bids, which opened at €60,000 the hammer came down to a bid of €121,000.
The Munster Property Auction is now welcoming entries for its upcoming online auction, taking place on 29 August, as well as its next public auction on 26 September. To discuss selling your property by auction or to arrange a free valuation, call 021-2349696 or visit munsterpropertyauction.ie.