Ballynabola, New Ross, Co. Wexford. Auction Report.
SOLD FEBRUARY 2018 – Valuable C. 57 Acre Roadside Holding For Sale By Public Auction On Friday 23rd February 2018 at 3pm In The Horse & Hound Hotel, Ballynabola, New Ross, Co. Wexford.
Interest levels in this property have been remarkably high since it was first listed. It was no surprise then, that roughly fifty people attended its auction, our largest attendance in some time. The land itself is free-draining and is located just off the main New Ross to Wexford road.
Bidding began at €500,000 and quickly rose to €910,000 where it was declared ‘on the market’. Soon afterwards the hammer fell with a successful bid of €1,055,000 (€18,509 per acre).
There were three bidders in total, while the auction itself only lasted a matter of minutes before the land was sold.
Speaking afterwards auctioneer David Quinn had this to say “today’s auction returned what was an exceptional price, far higher than what was expected. It just goes to show the strong value of quality land in the right locations”.
Our next auction takes place this coming Wednesday the 28th of February where we will be bringing a C.64 acre roadside holding to the market. It will commence at 3pm in our Carnew office.
QUINN PROPERTY
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