Thursday 22 May 2014


The property is best described as upland agricultural land with a right of way running through the middle of it and some very high land in most parts. It is part bisected by the public road with heavy rushy land below the road. There is a uninhabitable derelict residence in the centre of the property. 
Bidding opened at €120,000 and continued in €10,000 increments with two bidders to €210,000. From this it proceeded in €5,000 bids to €235,000. The vendors were consulted and further offers were sought. With further bidding it proceeded to €260,000 at which point it was declared on the market. The hammer eventually fell at €290,000 to a neighbouring person who is not a full time farmer. In all there were two bidders with a number of onlookers.

This was seen as an exceptional price as the initial guide was €240,000 - €250,000

Monday 19 May 2014

REA has announced the addition of four new offices to its national roster

Ireland’s fastest-growing network, Real Estate Alliance, has announced the addition of four new offices to its national roster.
Real Estate Alliance (REA) is Ireland’s leading property group of Chartered Surveyors with over 50 branches nationwide, comprising many of the country’s longest-established auctioneers and estate agents.
The innovative group this week unveiled new offices in Clonmel, Westport, Naas and Carrickmascross, adding to its growing national footprint.
“We are delighted to have these new members on board and they represent the type of firm which Real Estate Alliance is proud to be associated with – experienced, professional and qualified,” said REA CEO Philip Farrell.
 “The combination of business being distributed to REA agents from central office, together with the requirement that all agents must be accredited Chartered Surveyors is proving a major attraction to new members.
“Members enjoy the fact that Real Estate Alliance is different from other property groups and they can tap-in to the wealth of knowledge within the group which is particularly useful in valuation work.
“The new agents who have joined our network are REA Stokes & Quirke in Clonmel, REA Olivia Needham in Westport and in Naas REA Brophy Farrell have opened a new office in addition to their Newbridge outlet. REA Gunne Property in Carrickmacross have opened up a new office in addition to their office in Dundalk.
“The recent addition of our new Property Tracker system that interfaces with the clients to give real-time reports to banks and receivers, allows agent and client to deal with sales and management in a much more efficient manner.”
John Stokes of REA Stokes & Quirke in Clonmel has joined the Alliance due to the Group’s increase presence and expert take on the property market.
“We feel that the progressive approach which REA are currently showing in the market place is a vindication of their belief in the positive future which is ahead of us, both in terms of our economy and the property sector,” he said.
“REA are visible, innovative, effective, and their nationwide view on the market through their continued surveying is one that provides a realistic and trustworthy message to both buyers and sellers.”

Available for interview:
Philip Farrell, CEO Real Estate Alliance, 086 250 3515,

For further information on exhibition contact:

Eimer O’Keefe, Real Estate Alliance,  086 8249040 /

Wednesday 14 May 2014

Roebuck Hill House sells at Auction for €1.19m

REA O'Donnell Roebuck Hill House, Clonskeagh, Dublin 14 at auction for €1.19m on the 7th of May..

Keys Facts
• Georgian House of 595 sq m/ 6,404 sg ft
• Grounds  approx. 0.356 Hectares / 0.88 acres
• AMV €750,000
• 4 bidders
• 34 bids
• Sold for €1,190,000

Tuesday 6 May 2014

REA O'Shea O'Toole sells south Co. Kilkenny land sells for €17,820 per acre

REA O'Shea O'Toole in Waterford sells land at Auction for €17,820 per acre At Aucton on the 30th of April. 
Keys Facts
• 13.3 acres in three fields
• High quality land in grass
• Located in Mooncoin village 11 km west of Waterford City
• Reserve €133,000
• 3 bidders
• 36 bids
• Sold for €237,000
• Buyer – In Trust
• Planning Permission for 42 retirement homes
• Selling Agent – REA O’Shea O’Toole
The subject lands are located in the village of Mooncoin, Co. Kilkenny approx. 11km
west of Waterford City in close proximity to the N24 Limerick Road. The land was
offered with a guide of €133,000 at Auction on Wednesday 30th April by Des O’Shea
of REA O’Shea O’Toole and was bought in trust for €237,000. The under bidders
were local farmers.