BidX1 are bringing over 200 properties to the market for their final auction of 2017 which will take place on 13th & 14th December.
Richard O’Neill, Director at BidX1, commented: “We’re extremely pleased to offer buyers the opportunity to invest in such a diverse and high-value catalogue. On the commercial side, highlights include a prime development site in Blarney which – given the levels of housing demand in the area – should spark plenty of developer interest. On the residential side, the highlight is a five bedroom trophy home on Temple Road, Dublin 6."
Commercial Highlights
The last commercial catalogue of the year provides a very strong selection of opportunities for investors. Auctions in the latter half of 2017 have seen development land performing strongly and this trend is likely to continue in December with 20 sites going under the hammer. 14 acres in Blarney looks set to take the top spot. The site has significant development potential as planning was previously granted for 156 residential units and a guide of €3,095,000 has been placed on the property.
Leisure investments, including pubs, restaurants and hotels in popular city and suburban locations, are well-represented in the catalogue. A restaurant/takeaway trading as Beshoff Bros. on Harbour Road in Howth is guiding €825,000. Other highlights include the former Castle Inn in Rathfarnham which is guiding €750,000; a restaurant investment on Capel Street, Dublin 1, let to King 7 Bar & Restaurant for over €100,000 per annum guiding €600,000; and a former public house with an apartment overhead on Blackrock’s Main Street which is guiding €375,000.
Residential Highlights
Ellington, a stunning five bedroom house on Temple Road in Dublin 6, headlines the residential catalogue. Situated in a private gated development, the property boasts landscaped gardens and a beautifully finished interior. A reserve of €1,800,000 has been placed on the property.
Further opportunities to buy in prime South Dublin locations are provided by a three storey six bedroom house requiring refurbishment on Upper Rathmines Road, Dublin 6, reserved at €510,000 and a pleasant three bedroom house in Rathgar reserved at €460,000.
Apartments - whether from an investment or owner-occupier point of view - are well represented in the catalogue, including a three bedroom duplex apartment on Merrion Road. Stylish and light-filled, with expansive views over Elm Park Golf Club from one of two balconies, the apartment provides ample space, extending to almost 200 sq. m. Two penthouse apartments in Sandyford’s Beacon South Quarter, both reserved at €360,000, are also among the highlights.
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