Updated at 5.20pm
MORE THAN 80 bargain basement properties were for sale at auction at the Shelbourne Hotel today, including a site in Wicklow town with a reserve price of €20,000 and a flat in Temple Bar with a reserve of just €80,000.
Space Property has been working with Allsop auctioneers from England on the sale of the properties.
Interest in the auction ahead of the day was high, with the Space’s website receiving 70,000 hits in the first two weeks after announcing the properties. Interest was spread across Ireland, UK and 134 countries overseas.
Stephen McCarthy from Space auctioneers said that this level of interest “firmly establishes that the Irish taste for property at the right price has not been dampened by the past few years”.
The auction began at around midday and ended just after 5pm, however shortly before 1pm it was thought proceedings might have to grind to a halt – as the crowd had grown to such as size people had spilled onto the street. Security on the door told TheJournal.ie that only people with two forms of photo ID and a chequebook were being permitted entry.
Here are details of some of the properties that have sold so far:
#1. Vacant flat, Temple Bar, Dublin
Reserve: €80,000
Sold: €126,000
#2. Investment flat, Upper Mayor Street, Dublin 1
Reserve: €100,000
Sold: €129,000
#3. Investment flat, Cork Street, Dublin 8
Reserve: €85,000
Sold: €102,000
#4. Investment flat, Bride Street, Dublin 8
Reserve: €160,000
Sold: €159,000
#5. Investment flat, Wilford Court, Bray
Reserve: €105,000
Sold: €154,000
#6. Investment freehold building, Clifden, Co Galway
Reserve: €102,500
Sold: €141,000
#7. Investment flat, Kilminchy, Portlaoise
Reserve: €35,000
Sold: €61,000
#8. Investment flat, Kilminchy, Portlaoise
Reserve: €35,000
Sold: €62,000
#9. Retail Unit, Roscrea, Co Tipperary
Reserve: €205,000
Sold: €336,000
#10. Vacant freehold house, Dundrum, Co Dublin
Reserve: €290,000
Sold: €410,000
#11. Vacant flat, Wolfe Tone Street, Dublin 1
Reserve: €85,000
Sold: €120,000
#12. Vacant flat, Upper Mayor Street, Dublin 1
Reserve: €100,000
Sold: €116,000
#13. Investment flat, Upper Mayor Street, Dublin 1
Reserve: €140,000
Sold: €190,000
#14. Vacant flat, Blackhorse Avenue, Dublin 7
Reserve: €90,000
Sold: €107,000
#15. Vacant freehold house, Lakeshore Drive, Renmore, Galway City
Reserve: €265,000
Sold: €332,500
#16. Investment freehold building, Merlin Park, Renmore, Galway City
Reserve: €170,000
Sold: €205,000
#17. Investment flat, Bride Street, Dublin 8
Reserve: €160,000
Sold: €159,000
#18. Investment flat, Dominick Street, Galway city centre
Reserve: €70,000
Sold: €74,000
#19. Vacant flat, Bride Street, Dublin 8
Reserve: €230,000
Sold: €345,000
#20. Investment, Rathgar Road, Dublin 6
Reserve: €300,000
Sold: €350,000
#21. Investment Flat, Cork Street, Dublin 8
Reserve: €85,000
Sold: €93,000
#22. Investment Flat, Castleknock, Dublin 15
Reserve: €190,000
Sold: €207,000
#23. Investment Flat, Castleknock, Dublin 15
Reserve: €190,000
Sold: €200,000
#24. Investment Flat, Rathfarnham, Dublin 16
Reserve: €145,000
No Sale – available
#25: Vacant Freehold House, Churchtown, Dublin 14
Reserve: €400,000
Sold: €495,000
#26. Vacant Freehold House, Churchtown, Dublin 14
Reserve: €400,000
Sold: €505,000
#27. Investment Flat, Dominick Street, Galway City Centre
Reserve: €70,000
Sold: €70,000
#28. Investment Flat, Kilminchy, Portlaoise
Reserve: €35,000
Sold: €64,000
#29. Investment, Kilmallock, Co. Limerick
Reserve: €140,000
Sold: €285,000
#30. Investment Flat, Upper Mayor Street, Dublin 1
Reserve: €180,000
Sold: €179,000
#31. Investment Freehold Building, Johns Gate, Co Wexford
Reserve: €210,000
Sold: €560,000
#32. Apartments 1-6 and Units 1-3, Castleknock, Dublin 15
Reserve: €165,000
Sold: €159,000
#33. Investment Flat, Castleknock, Dublin 15
Reserve: €165,000
Sold: €160,000
#34. Vacant Freehold House, Ballsbridge, Dublin 4
Reserve: €600,000
Sold: €550,000
#35. Vacant Flat, Sandy Road, Galway City
Reserve: €52,500
Sold: €95,000
#36. Investment Flat, Dominick Street, Galway City Centre
Reserve: €70,000
No sale – available
#37. Vacant Flat, Upper Mayor Street, Dublin 1
Reserve: €140,000
Sold: €161,000
#38. Retail, Capel Street, Dublin 1
Reserve: €130,000
Sold: €190,000
#39. Investment Flat, Cork Street, Dublin 8
Reserve: €120,000
Sold: €120,000
#40. Investment Flat, Blackhorse Avenue, Dublin 7
Reserve: €90,000
Sold: €100,000
#41. Vacant Freehold House, Churchtown, Dublin 14
Reserve: €400,000
Sold: €470,000
#42. Investment Flat, Rathfarnham, Dublin 16
Reserve: €145,000
Sold: €145,000
#43. Investment Flat, Castleknock, Dublin 15
Reserve: €165,000
Sold: €160,000
# 44. Sandyford, Dublin 18
Reserve: €400,000
Sold: €530,000
# 45. Bettystown, Co Meath
Withdrawn
# 46. Vacant Flat, Upper Mayor Street, Dublin 1
Reserve: €100,000
No sale – available
# 47. Vacant Freehold House, Baltinglass, Co Wicklow
Reserve: €290,000
Sold: €420,000
# 48. Retail Unit, Mahon, Co Cork
Reserve: €140,000
Sold: €130,000
# 49. Investment Freehold House, Tuam, Co Galway
Reserve: €45,000
Sold: €70,000
# 50. Investment Flat, Dominick Street, Galway City
Reserve: €70,000
Sold: €70,000
# 51. Investment Flat, Cork Street, Dublin 8
Reserve: €85,000
Sold: €103,000
# 52. Investment Flat, Newbridge, Co Kildare
Reserve: €70,000
No sale – available
# 53. Investment Flat, Rathfarnham, Dublin 16
Reserve: €145,000
Sold: €139,000
# 54. Investment Flat, Castleknock, Dublin 15
Reserve: €165,000
Sold: €168,000
# 55. Retail Unit, Crumlin, Dublin 12
Reserve: €120,000
Sold: €220,000
# 56. Land, Malahide, Co Dublin
Reserve: €230,000
Sold: €230,000
# 57. Upper Mayor Street, Dublin 1
Reserve: €140,000
Sold: €140,000
# 58. Investment Flat, Portlaoise, Co Laois
Reserve: €35,000
Sold: €64,000
# 59. Vacant Flat, Bride Street, Dublin 8
Reserve: €160,000
Sold: €160,000
# 60. Commercial Unit, Bride Street, Dublin 8
Reserve: €60,000
Sold: €57,000
# 61. Investment Flat, Dominick Street, Galway City
Reserve: €70,000
Sold: €70,000
# 62. Vacant Flat, Upper Mayor Street, Dublin 1
Reserve: €140,000
Sold: €163,000
# 63. Pharmacy, Castletownbere, Co Cork
Reserve: €205,000
Sold: €365,000
# 64. Investment Flat, Cork Street, Dublin 8
Reserve: €120,000
Sold: €121,000
# 65. Vacant Freehold House, Corrandulla, Co Galway
Reserve: €125,000
No sale – available
# 66. Investment Flat, Rathfarnham, Dublin 16
Reserve: €145,000
Sold: €140,000
# 67. Vacant Freehold Building, Arklow, Co Wicklow
Reserve: €260,000
Sold: €400,000
# 68. Investment Flat, Dominick Street, Galway City
Reserve: €70,000
Sold: €78,000
# 69. Investment Flat, Castleknock, Dublin 15
Reserve: €165,000
Sold: €172,000
# 70. Investment Flat, Castleknock, Dublin 15
Reserve: €165,000
Sold: €180,000
# 71. Investment Flat, Cork Street, Dublin 8
Reserve: €120,000
Sold: €119,000
# 72. Investment Flat, Upper Mayor Street, Dublin 1
Reserve: €140,000
Sold: €165,000
# 73. Investment Flat, Upper Mayor Street, Dublin 1
Reserve: €180,000
Sold: €185,000
# 74. Vacant Freehold House, Lucan, Co Dublin
Reserve: €250,000
Sold: €250,000
# 75. Vacant Freehold House, Tinryland, Co Carlow
Reserve: €77,500
No Sale – available
# 76. Vacant Freehold House, Athlone, Co Westmeath
Reserve: €50,000
Sold: €49,000
# 77. Vacant Freehold House, Lucan, Co Dublin
Reserve: €130,000
Sold: €161,000
# 78. Vacant Freehold House, Carlow
Reserve: €95,000
Sold: €129,000
# 79. Vacant Freehold House, Mullingar, Co Westmeath
Reserve: €22,500
Sold: €30,000
# 80. Vacant Flat
Withdrawn
# 81. Vacant Freehold House, Lucan, Co Dublin
Reserve: €155,000
Sold: €181,000
# 82. Vacant Freehold House, Tuam, Co Galway
Reserve: €42,500
Sold: €74,000
# 83. Land, Wicklow town, Co Wicklow
Reserve: €20,000
Sold: €52,000
# 84. Vacant Freehold House, Rathangan, Co Kildare
Reserve: €140,000
Sold: €140,000
The following slideshow features some of the properties that have gone under the hammer today:
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