SOLD MARCH 2023 – Town Centre Site With Full Planning Permission for 3 Two Bedroom Apartments For Sale By Online Auction On Friday 10th March at 11 am
Friday’s auction of this town centre site with full planning permission for three apartments had “drawn considerable interest from local businesspeople and investors alike” according to Jack Quinn. Jack added that he had “received numerous enquiries since the the property’s launch” and that there were “in excess of five registered bidders”. The property was guided at €80,000 in advance of its auction.
On the day of the auction, bidding opened at €50,000 with further bids of €60,000 and €65,000. However, the auction burst into life in the second round when a new bidder entered the fray with strong bidding. In the blink of an eye, the property had burst past the €70,000, €80,000 and €90,000 with bidding not finished yet. After fierce competition, the hammer fell at €106,000 to a local businessperson.
Speaking after the auction, Jack Quinn expressed his “delight with the result” and noted that his client was also “very pleased with the outcome of the auction”. Jack added that he “hopes to have further investment property opportunities coming to the market soon”.
To view the full property listing, please click here.
With the property market continuing to perform well, please contact us if you are considering selling your property, either by way of auction or private treaty.
QUINN PROPERTY – No. 1 Independent Auction House in the Southeast
Jack Quinn on Monday, March 13, 2023 in Auction Reports