Upcoming Auctions

Quality Properties For Sale by Public Auction through REA Seamus Carthy

Seamus Carthy of REA Seamus Carthy with offices in Roscommon Town and Castlerea Town is holding an auction with mulitple properties on the 17th of April. All with very Keen Reserves ranging from €20,000 - €55,000,  the Public Auction will be held in Carthys Bar & Guesthouse, Castle Street, Roscommon Town on Friday 17th April at 3 pm sharp
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REA Sothern hold property Auction on the 2nd of April at the Seven Oaks Hotel, Carlow

REA Sothern are holding a property auction for 6 lots on the 2nd of April at the Seven Oaks Hotel, Carlow at 3pm. 
  • All sites form part of the successful Castle Oaks development with over 80 residential units sold to date.
  • On the Dublin side of Carlow, just 5 minutes drive to the M9 motorway and 50 minutes from Newlands Cross.
  • Connections available to all services including gas, water, sewerage etc
  • Solicitor: Paul O’Brien, McMahon O’Brien Tynan, Henry St, Limerick
This is a great opportunity for builders/developers/investors to purchase development sites in Castle Oaks, either for owner occupier use, (lots 5 & 6) or for current/future development, (lots 1, 2 & 4).
As the Carlow market continues to recover, values on the Dublin side of town are showing the greatest improvement due to the excellent road network to Dublin/Waterford, giving home owners a commutable option.  Castle Oaks once boasted the highest priced semi-detached and detached houses of any mixed development in Carlow.
Contact REA Sothern on 059 9131218 or www.reasothern.ie
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Auction News

Quality Properties For Sale by Public Auction through REA Seamus Carthy Mar-2015

Seamus Carthy of REA Seamus Carthy with offices in Roscommon Town and Castlerea Town is holding an auction with mulitple properties on the 17th of April. All with very Keen Reserves ranging from €20,000 - €55,000,  the Public Auction will be held in Carthys Bar & Guesthouse, Castle Street, Roscommon Town on Friday 17th April at 3 pm sharp
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Quality Properties For Sale by Public Auction through REA Seamus Carthy Mar-2015

Seamus Carthy of REA Seamus Carthy with offices in Roscommon Town and Castlerea Town, announces the upcoming Sale of a number of Quality Residential Properties by Public Auction.   All with very Keen Reserves ranging from €20,000 - €55,000,  the Public Auction will be held in Carthys Bar & Guesthouse, Castle Street, Roscommon Town on Friday 17th April at 3 pm sharp. The Instructions received from Private Vendors Offer excellent opportunities for owner occupiers/investors/Developers and the mix of opportunities start with Lot 1, an excellently located 3 bedroom Terraced House, currently rented (vacant possession available) in the heart of Castlerea Town close to all amenities at 13 Arm opposite Castlerea Golf Club in a small cul de sac setting.  Comprising of 3 bedrooms, a bathroom, Kitchen and Living, the said property has gardens to front and rear and a Fuel store.  The Reserve for Lot 1 is €20,000 (Twenty Thousand Euro). Lot 2 is a 4 Bedroom Detached Residence situated on a most prime site in the sought after and mature Residential Setting of Knockroe.  No. 6 Knockroe, comprises of 4 Bedrooms, 2 Reception Rooms, Kitchen, Bathroom and W.C and with Well Presented Homes selling in the area for €140,000 - €150,000, the said properties Reserve of €55,000 (Fifty Five Thousand) offers another quality opportunity to the marketplace.  Lot 3 is a former Nursing Home with 7 bedrooms situated in a high profile location within Castlerea Town on the Castlerea/Tulsk Road.  Suitable to a variety of uses both Residential and Commercial, the Properties position is considered to be situated on a most prime site/location.  The Reserve is €45,000 (Forty Five Thousand).  Lot 4 is a 3 bedroom Detached Bungalow that was in the process of remodernisation on 1.82 Acres situated at Arm Cashel.  The said properties offers enormous potential with the main Town Sewer running alongside the property.  Reserve is €40,000 (Forty Thousand Euro).  Lot 5, adjoins and is the Town side of Lot 4 and consists of a 3 Bedroom Detached Bungalow (Currently Rented - Vacant Possession Available) on 1.53 Acres.  Again Potential is obvious.  Reserve is €40,000 (Forty Thousand Euro).  Lot 6 consists of a new build unfinished 3 Bedroom Bungalow situated on the outskirts of Ballyleague Village in the direction of Roscommon Town.  Quality Location on a .56 Acre site.  Reserve is €40,000.  The Final Lot is Lot 7 and will be of interest to the Investor/Developer.  Comprising 10, 11, & 12 Hanley Avenue, these 3 Semi Detached Homes will be Sold as one Lot.  No 10: Relatively Complete and Previously Occupied. No 11: Incomplete (Internal Layout Complete). No 12: Incomplete (First Floor is Open Plan)Hanley Avenue is A Small Housing Development of only 12 Houses situated in the heart of Loughglynn Village.  With a recent Sale of a Semi Detached Home in the Coillte Bo Development within Loughglynn of €46,000, the Reserve set for the entire 3 Houses as one lot is €50,000.  (Fifty Thousand Euro).  For further details contact REA Seamus Carthy – Roscommon Office 090 6630001, Castlerea Office 094 96 25990 or info@reacarthy.ie. 

REA Sothern hold property Auction on the 2nd of April at the Seven Oaks Hotel, CarlowMar-2015

REA Sothern are holding a property auction for 6 lots on the 2nd of April at the Seven Oaks Hotel, Carlow at 3pm. 
  • All sites form part of the successful Castle Oaks development with over 80 residential units sold to date.
  • On the Dublin side of Carlow, just 5 minutes drive to the M9 motorway and 50 minutes from Newlands Cross.
  • Connections available to all services including gas, water, sewerage etc
  • Solicitor: Paul O’Brien, McMahon O’Brien Tynan, Henry St, Limerick
This is a great opportunity for builders/developers/investors to purchase development sites in Castle Oaks, either for owner occupier use, (lots 5 & 6) or for current/future development, (lots 1, 2 & 4).
As the Carlow market continues to recover, values on the Dublin side of town are showing the greatest improvement due to the excellent road network to Dublin/Waterford, giving home owners a commutable option.  Castle Oaks once boasted the highest priced semi-detached and detached houses of any mixed development in Carlow.
Contact REA Sothern on 059 9131218 or www.reasothern.ie
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Exceptional Result at REA Grimes Co. Meath AuctionMar-2015

A prime development site at Bachelors Walk, Ashbourne sold at auction today for €750,000. This figure represents €200,000 over the guide price. The site has full planning permission for the construction of 6 detached residences on 0.445 hectares (1.1 acres). The auction attracted a high level of interest and bidding was brisk
More info on www.reagrimes.ie and contact 00353 1 8350333

C.15.8 acres, Clonroosk, Portlaoise, Co. Laois for sale by public auction 5th February, 2015 Jan-2015

REA Sothern are holding an Auction on theat 4pm in The Killeshin Hotel, Portlaoise, Co. Laois on February 5th for c. 15.8 acres, Clonroosk, Portlaoise, Co. Laoise.These lands have extensive road frontage to the southerly bypass and consists of C. 10.85 acres zones residential and remainder unzoned flood plain.

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More info contact REA Sothern on 059 9131218

Auction in Limerick on the 20th of November a huge successNov-2014

REA O'Connor Murphy held an Auction on the 20th of November at 12pm in the Strand Hotel. Contact REA O'Connor on 061279300. Four properties went under the hammer with all Lots selling in excess of the reserves. Main Development Land at Rosmor made €590,000 with a guide at €225,000 to €275,000.
Retail unit at Woolworth Lane, Limerick
Building with potential at Myles Street, Limerick
Industrial Unit at 4B Eastway Business Park, Ballysimon Road, Limerick
DEVELOPMENT LANDS at Rosmor, Old Cork Road, Limerick. More Details

Borrisokane Lands Sell at Auction - REA DillonNov-2014

On the 30th October 2014, REA Eoin Dillon held a public auction at the Ormond Hotel, Nenagh, Co Tipperary in relation to 5.56 hectares (13.72 acres) of former development lands at Bushypark, Borrisokane, Co Tipperary.  The lands once had planning permission for 41 houses and provision for a further 28 houses.  They were also subject to a right of way and way-leave.  The advised minimum value was €150,000.

The auctioneer opened the auction seeking bids of €150,000 and dropped in €10,000’s before the first bidder a local farmer and contractor got the bidding off.  A local solicitor then immediately bid €125,000 and one more bid of €5,000 being received to bring the bidding to €130,000, from there on the bidding was fast and a two horse race ensued with25 bids of €2,500 being made before the auctioneer broke to discuss the matter with the vendors at €192,500 and to give the bidders a chance to catch their breath.   On his return the auctioneer immediately announced that the property was on the market and a bid of €200,000 was received from the farmer/contractor.  The farmer and solicitor quickly exchanged bids of €2,500 before the hammer fell to the farmer/contractor at €215,000.  The sale price represented a price of €15,670 per acre (€38,722 per hectare).  Speaking after the Auction the auctioneer said that the sale was an important step in drawing a line in the sand and restoring confidence in the market that the development land market had bottomed out and there was a market for good quality well located lands.   The same agent also agreed the sale of 7.6 acres of lands at Coolaholloga, Nenagh by Private treaty on the same day for what is believed to be close to €8,600 per acre.  Rea Dillon will shortly be auctioning over 20 acres of former development lands at Tyone Nenagh.  The lands once had the benefit of planning permission for over 200 houses and will be offered for sale by auction on the 6thof December with a guide price of €200,000 inc VAT.