Allsop presents their biggest online auction yet - Construction Network Ireland - Construction Network Ireland

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Published in Property on 19/05/2016

Allsop presents their biggest online auction yet

CNI reports

Allsop have announced the launch of their largest Online Auction to date —  over 85 residential and commercial properties with a total value of almost €10m.   Bidding for this auction will open at 8am on Wednesday 25th May. You can view the online catalogue  here.

allsop auction Lot 11 - Apartments 2, 4 and 5, 26 Northumberland Road, Ballsbridge, Dublin 4 Lot 31 - 22 Portacarron, Knocknacarra, Co. Galway, H91 TW6F

Ellen Prenderville, Online Auctions, Allsop, commented:

“Our latest online auction catalogue provides a wide selection of both residential and commercial properties throughout the country. Dublin properties feature prominently in this catalogue with a number of apartments and commercial investments on offer.”

She added:

“Following on from the trend of our previous online auctions, we expect the level of bidders for this auction to increase in line with the number of properties.”

Over 25% of the online auction properties are located in Dublin — a mix of tenanted and vacant properties, offering great investment potential, including attractive multi-unit properties, suburban apartments and houses. Headlining the auction is a multi-unit property on Northumberland Road – 2 x one bedroom apartments and 1 studio apartment to be offered collectively as one lot, reserve range €560,000 – €590,000.   An attractive selection of apartments in Dublin are for sale including a first floor three bedroom duplex apartment in the Waterville housing development in Blanchardstown, reserve range €185,000 – €195,000;   a first floor three bedroom apartment offering designated student accommodation close to DCU, reserve range 155,000 – €165,000; and a ground floor one bedroom apartment in Cherry Orchard, reserve range €55,000-€65,000.

The multi-unit properties offering great investment potential include four houses to be offered collectively as one lot together with remaining development lands in Kilkenny, reserve range €310,000-€320,000; 4 x three bedroom semi-detached houses in Sligo, reserve range €240,000-€260,000; and 6 vacant two bedroom apartments in Letterkenny, reserve range €145,000-€155,000.

The auction also presents appealing houses and apartments, many in costal or holiday locations providing great opportunities for home owners and investors alike. Highlights include a detached three bedroom house on the shores of Lake Mask, reserve range €170,000-€180,000; and an end of terrace four bedroom house beside the beach in Culdaff, Co. Donegal, reserve range €75,000 – €85,000. Other house purchase opportunities include a semi-detached four bedroom house in Knocknacarra near Galway City, reserve range €205,000- €215,000;  a mid-terrace four bedroom house in Killenard, Co. Laois, reserve range €245,000-€255,000; and a detached three bedroom house with office/study on the Meath/Kildare border, reserve range €145,000-€155,000.

This Online Auction is offering the largest quantity of commercial properties to date, over 20 retail, industrial and office properties, the majority of which are located in Dublin. Highlights include a Dun Laoghaire mid-terrace mixed use property arranged over ground and one upper floor comprising a ground floor take-away unit together with a first floor two bedroom apartment, reserve range €210,000-€230,000; a multi-unit trade counter investment in Millenium Business Park, Blanchardstown, reserve range €150,000 – €170,000;   two adjoining warehouse units in Greenogue Business Park, reserve range €230,000-€250,000; and an end of terrace retail building together with an office and three warehouse buildings in Clonmel, reserve range €150,000-€170,000

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