‘Cedar Lodge’ – Auction Report

‘Cedar Lodge’, Courtown Demense, Gorey, Co. Wexford’

Well Appointed Single Storey Residence On C. 1/3 Acre Site For Sale By Public Auction On Tuesday 26th September At 2pm In The Loch Garman Arms Hotel Gorey

From the moment this property was listed we received large volumes of interest, which heightened further as the auction approached. The large turnout on auction day required its relocation to the Loch Garman Arms Hotel, located across the road from our QUINN PROPERTY Gorey office.

Bidding for the property started at €65,000. With six separate bidders in contention it quickly reached €135,000 where it was placed on the market. Once on the market a battle ensued between two parties before ‘Cedar Lodge’ went under the hammer for €180,000. The figure representing over twice the property’s A.M.V. of €75,000.

Following the remarkable success of the auction we have a large number of disappointed under-bidders seeking similar properties in Courtown and coastal areas.

Selling in Courtown? Think QUINN PROPERTY