Wednesday, 4 December 2013

First REA Auction for the Department of Defence in Killarney a success

The first auction took place in Killarney’s International Hotel today on the 4th of December at 3pm.  This auction featured two properties. The first is the Old Garda Station in Killarney which is being handled by REA Coyne & Culloty of Killarney.  The property sold for €255,000, a considerable amount over the AMV of €175,000. This property is located in the centre of Killarney Town on a c 0.25 acre site with a large yard to the rear.
According to Donal Culloty, “The property is ideally located in the centre of Killarney Town and, given the large site as well as the rear access, there are many different uses that can be considered on redevelopment   This property would make the perfect location for a suite of offices or alternatively a great location for a restaurant”.

The second property auctioned by Eddie Barrett of REA North’s, Tralee, is "An Halla Slua", Grey's Lane , off Green St., Dingle , Co. Kerry. This single storey building  of c.198 m2 / 2133 sq.ft. , is in a very central location of this busy Tourism Town. It is in need of considerable refurbishment & renovation. REA North’s, the Auctioneers, were guiding €65,000 and the property sold for €85,000.