property auction

THREE-BED WATERFORD CITY DUPLEX GOING TO AUCTION

Posted on by Méabh Tobin

A THREE-bed apartment in Waterford City is going under the hammer in an online auction, with bidding starting at €140,000.

10 Shandon Court - Waterford News & Star

Number 10 Shandon Court, Upper Yellow Road, is a duplex unit situated within a well-maintained complex.

Measuring 89sqm, the property has an entrance hall, open plan kitchen and living area, two double bedrooms and a bathroom on the first floor. A large bedroom with ensuite shower room, and a storeroom are on the upper floor.

Shandon Court is within easy reach of local amenities, including Waterford Institute of Technology, the IDA Industrial Estate, local shops, and places to eat, and is also within walking distance to the city centre.

18 lots from 10 countries are going under the virtual hammer on June 29 sale.

Documentation and brochures are available by registering on youbid.ie or by calling 01-5676979.

This property is eligible for the Vacant Homes Grant

See the full article here

Mulcahy is appointed to Youbid.ie’s Limerick office

Posted on by Méabh Tobin

Youbid.ie has appointed chartered surveyor Tomás Mulcahy to its Limerick-based team to help drive growth in the online property auction portal.

Mulcahy returns to his native city after living in Dublin for work and college for several years.

He graduated from Technological University Dublin in February 2019 with an MSc in Real Estate after previously graduating with a BA in English and Geography from Mary Immaculate College in October 2017.

He joined JLL in September 2018, where he initially worked in the Office Tenant Representation division, later moving to the Office Agency department. He undertook his APC Assessment to become chartered, which he passed in March 2021.

“I am delighted to welcome Tomás, who is joining at an exciting time for the company and the online property auction sector”, said Youbid.ie director Michael O’Connor.

“With his enthusiasm, energy and experience within the property industry to date, I could not be happier to see Tomás joining the Youbuid.ie team.”

With offices in Limerick, Dublin and Cork, Youbid.ie has experience in all aspects of residential and commercial property services for private, corporate and multinational clients.

The digital property platfrom for live and online auctions nationwide was created in May 2020.

While the initial strategy was to hold online auctions to assist in selling the unsold lots from in-room auctions, the Covid-19 pandemic proved to be a boost for the business model and Youbid.ie developed into a monthly online auction.

Hundreds of properties have been sold on the platform since then, with a success rate of over 96 per cent and average prices more than 21 per cent above reserves.

Full article available on the Sunday Business Post https://www.businesspost.ie/commercial/mulcahy-appointed-to-youbidies-limerick-office-ba45e056

Final Auction of 2020 for Youbid.ie attracts huge interest with 91% of properties selling on the day.

Posted on by Méabh Tobin

The final auction of 2020 for Youbid.ie had something to offer everyone with multiple bidders on each of the lots. A selection of residential, commercial and investment properties were available to bidders with 91% of properties selling on the day.

A well appointed four-bedroom bungalow extending to 166 sq.m in Coolcapagh, Co Limerick received huge interest with over 30 bids and sold for €161,000. In Waterford a rural hillside cottage with extensive countryside views, received 30 bids and sold for €83,000. A number of commercial units and lands also received huge interest and achieved successful sale prices.

81/82 North Strand Street, Dublin 3 Sold for €606,000
The Brambles, Tallow, Co Waterford Sold for €83,000

Auction Highlights

See some of our auction highlights below.

  • Gortroe, Coolcapagh, Co Limerick – a well-appointed four-bedroom bungalow extending to 166 sq.m, received 34 bids and sold for €161,000
  • The Brambles, Tallow, Co Waterford – a rural cottage on a generous 1.48 acre site had a total of 30 bids achieving a price of €83,000
  • 81/82 North Strand Street, Dublin 3 – a circa 4,080 sq. ft red brick office/commercial building had multiple bidders registered and sold for €606,000
  • Unit 3 & 4 Westlink Business Park, Clondrinagh, Limerick – a circa 16,417 sq. ft modern detached industrial unit generated strong interest with seven bidders achieving a price of €451,000.

2021 Auction

Our first auction of 2021 will take place on Thursday, 18th February. For further details or to register for updates please visit www.youbid.ie