BidX1, the digital property investment platform, has launched a large and varied catalogue for its upcoming Irish sale on 22nd & 23rd May, with more than 250 properties to be offered on the digital platform. The sale will kick-off with residential properties on Wednesday 22nd May while bidding on commercial properties will open the following day. A further selection of residential properties will feature that afternoon.
Jonathan Fenn, Head of Property at BidX1 Ireland, commented on the launch: “2019 has already been a significant year for us as we extend our presence to multiple international markets. Our first digital property sale in South Africa took place last month, and we have further broadened our international footprint into two new markets, with offices now operational in Spain and Cyprus.
"Of course, the BidX1 platform was built in Ireland and we’re very pleased to be bringing such an extensive Irish catalogue to market this month. Attractive yields and strong covenants will interest investors, while the range of houses and apartments nationwide will provide ample opportunities for potential owner-occupiers.”
Highlights among the wide selection of houses on offer include the Old School House in Naas, a pretty five bedroom house reserved at €360,000, and Oak Tree Lodge in Kilcullen, a six bedroom house on almost 8 acres. Stand-out Dublin houses include an attractive four bedroom house in Saggart reserved at €575,000 and a three bedroom end of terrace situated on iconic Synge Street in Portobello.
Those seeking an apartment will have plenty of options: a duplex in the exclusive Farmleigh Woods development in Castleknock and a two bedroom apartment in Dun Laoghaire are among the highlights.
Residential investors will be attracted by the many properties with potential to add value, but this catalogue offers an additional incentive: rare opportunities to acquire period properties or unique investments. 57 Blessington Street in Dublin, a Georgian house arranged into 7 studio apartments, is one such opportunity, being offered with a guide of €750,000.
The commercial offering is a varied one, with strong covenants such as Boots and Paddy Power, as well as attractive yields which will interest investors. A mixed-use investment in Ballyboughal carries the highest guide price at €840,000. Comprising 4 x retail units and 1 x office, the property is fully let with a total annual rent of €93,600.
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