Wednesday 21 August 2019

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Cork Independent

Home & Property

Going, going...under the hammer

Wednesday, 17th April, 2019 4:16pm

A free auction appraisal is available for those looking to sell their properties. 

The Munster Property Auction team is calling on property owners looking to sell their properties in the coming months to contact them to arrange for a free auction appraisal.

Patrick Convey of The Munster Property Auction said: “Now is an excellent time for anyone thinking of selling, as the demand for affordable residential continues across the country. Prices have however stabilised in terms of year on year growth and we are seeing a more steady market in terms of price growth.

“Looking at these figures, it is clear that the rise in house prices is simply a result of low supply and continued strong demand. The prices should increase moderately over the coming 12 months and will continue to do so until we start to balance out the market with new builds and more residential homes listed to the market.”

There are several properties already due to go under the hammer next month.

 

This is offered at bids over €100,000 in partnership with property partners Matt Fallon. It's located in the heart of Mitchelstown on the corner of the Clonmel/Fermoy Road and is accessed via the Ballinwillin estate. These agriculture lands could offer massive site potential subject to gaining the necessary planning permissions.

The lands are currently zoned 'Utility' under the current development plan which is due to be reviewed shortly.

This is an excellent opportunity to acquire a superb retail unit in a profile trading position at The Quay, Bantry.

Ideally suited to owner occupiers or investors, the unit comprises of 800 square feet and is currently available with vacant possession.

It's offered at bids over €75,000 in partnership with Pat Maguire Properties.

This is offered at bids over €65,000 in partnership with O'Brien Auctioneer. It's a three-bedroom, fully serviced, cottage is built on about half an acre site in a quiet rural setting. The property is in need of total refurbishment but offered excellent potential and also benefits from numerous outhouses.

This is an excellent investment property which is held on a new five year lease from May 2017 and is offered at bids over €119,950 in partnership with property partners Matt Fallon.

 

Contact The Munster Property Auction on 021-2349696 to arrange for a free property valuation or for a property viewing, visit munsterpropertyauction.ie.

The next public auction will be held on 9 May in the Rochestown Park Hotel. Registration starts at 6.30pm.

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