06 March 2018
REA O’Connor Murphy held their first Munster & Connacht Auction of 2018 on 28th February at the Limerick Strand Hotel with 80% of properties selling on the day. This auction offered a selection of residential and commercial properties and land throughout Munster & Connacht regions. While attendance numbers were down due to inclement weather conditions brought by storm Emma, this did not deter bidders and we had a large number of parties avail of our telephone bidding service. There were multiple bidders on each of the properties with average prices exceeded 17% above the minimum Reserves, in particular there was considerable interest in one property, an end of terraced house with a commercial unit to the rear operating as a car facility situated in Woodquay, Galway that had a minimum reserve of €430,000 and sold for €550,000.
Our next auction is taking place on 12th April and will include a mix of residential/commercial properties. For further information please visit www.reaoconnormurphy.ie or contact us
on 061 279300