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Ashwood Upper, Arklow, Co. Wicklow – Auction Report

SOLD MAY 2021 – Valuable C. 35 Acre Roadside Holding For Sale By On Line Auction On Wednesday The 19th May, 2021 At 3pm

An image of the lands on offer

Today’s auction saw some excellent grassland with extensive road frontage brought to the market. The auction took place online due to continued public health guidelines.

There was strong interest in the property prior to auction and ten parties registered to bid in advance. Auctioneer David Quinn guided the property between €280,000 and €300,000.

On the day of the auction bidding opened at €230,000. With four bidders battling it out, €300,000 was quickly reached. After consulting with the vendor the property was placed ‘on the market’. After several further bids, the hammer fell at €357,000. At €10,200 per acre this surpassed the guide of €8,000 – €8,500 per acre.

Auctioneer David Quinn

When asked for his views after the auction, David Quinn said he was “very pleased with the outcome”. He noted that the seller was a “local farmer” and that there was a “depth of disappointed underbidders who are keen to secure similar property in the coming months”.

To view the full listing of this property, please click here.

QUINN PROPERTY – No.1 Independent Auction House in the South-East

Tel: 053 94 80000
E: sales@quinnproperty.ie

on Wednesday, May 19, 2021 in Auction Reports

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