Wednesday 13 November 2019

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Cork Independent

Home & Property

Hammer to fall on lots of properties

Wednesday, 19th June, 2019 3:49pm

In about three weeks, a variety of houses will be going under the hammer. The next Munster Property Auction is fast approaching with the team behind the auction saying it’s a great time to sell.

Patrick Convey of The Munster Property Auction sad: “A shortage of rental properties across Munster has led to rent price increases, with many renters now seeking to leave the rental market if they can secure a mortgage to purchase their own home. With the number of buyers still outstripping the number of properties for sale, now is an excellent time to look at selling.”

The Waterside Bar & Restaurant, Schull

The Waterside Bar and Restaurant boasts a seven-day licence and three apartments and is located in the centre of Schull. The property will make an ideal investment or owner-ran business and is offered at bids over €230,000 with James Lyons O'Keeffe Auctioneers.

New Line, Charleville

This is a purpose designed office building situated in the heart of Charleville. It has been extended and modernised to fit its purpose and is offered at bids over €60,000 in partnership with Ted Sheehan Auctioneers.

Ballyhooly Lodge, Ballyhooly

A former fishing lodge, this is offered at bids over €275,000 in partnership with property partners Dick Barry & Son and is a charming four-bedroom residential premises on large site overlooking Ballyhooly Bridge and the Blackwater River. This spacious property is a beautiful home with ample space to run a business. Included in the sale is a fine, self-contained four-bedroom annex, which has the potential to generate good rental income.

5 Donnybrook Terrace, Donnybrook

This is offered at bids over €200,000 in partnership with property partners Matt Fallon and is a two-bedroom and end-terraced house.

It’s maintained to a good standard throughout and would make an ideal starter home for a first time buyer or an investment property, due to its location.

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

The next auction takes place on 11 July in the Rochestown Park Hotel with registration at 6.30pm.

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