Estate agents and vendors anxiously awaiting the first auction results of the season will be reasonably happy with yesterday's sales. Douglas Newman Good fetched a strong price of €2.8 million under the hammer for a house at 11 Neville Road, Rathgar, which needs refurbishment.
No less than eight conditions of sale were issued for the four-bedroom house which, according to selling agent Pat Mullery, is simply a good house in a good location. Four bidders chased the property in a full auction room - something of a rarity in recent times. The hammer price was €550,000 over the AMV.
Meanwhile buyers are coming out of the woodwork to purchase properties that have been on the market for many months. In Ballsbridge, Sherry FitzGerald has sold a large refurbished house at 152 Merrion Road for a price believed to be close to €4.6 million. The house failed to find a buyer at auction last summer and lingered on the market asking €5 million before being eventually negotiated down to the sale price.
Lisney had a successful day with its auctions yesterday selling three out of four properties - a strike rate not seen generally since last spring. Its top selling property was a three-bedroom period house at Tritonville Road, which made €1.8 million under the hammer, €300,000 over its AMV.
YESTERDAY'S RESULTS
11 Neville Rd, Rathgar
Four-bed period house. Sold: €2.8m. Agent:Douglas Newman Good
2 Frankfort Ave, Rathgar
Five-bed end-terrace house. Withdrawn. Quoting: €1.85m. Agent:Lisney
PREVIOUS RESULTS
Cambridge Hse, Cambridge Rd, Rathmines
Detached Victorian house in eight units. Withdrawn. Quoting: €2.95m. Agent:Lisney
YESTERDAY'S RESULTS
96 Tritonville Rd, Sandymount
Three-bed Georgian house. Sold: €1.8m. Agent:Lisney
103 Lansdowne Pk, Ballsbridge
Two-bed townhouse. Sold: €1.15m. Agent:Lisney
YESTERDAY'S RESULTS
34 Springfield Pk, Foxrock, D18
Three-bed detached bungalow. Withdrawn: €850,000. Sold after for higher. Agent:Lisney
Kinloch, Gordon Ave, Foxrock, D18
Detached house on 0.33 acres with permission to demolish house for two detached houses. Withdrawn: €3.5m. Quoting: €4m. Agent:Daphne L Kaye & Associates
PREVIOUS RESULTS
Windward, 42 Cross Ave, Blackrock
Four-bed semi. Withdrawn: €1.7m. Sold after for higher. Agent:Lisney
91 Trimleston Gardens, Booterstown
Three-bed semi. Sold: €995,000. Agent:Harper O'Grady
24 Mather Rd South, Mount Merrion
Four-bed house. Withdrawn. Quoting: €2.195m. Agent:Sherry FitzGerald
PREVIOUS RESULTS
3 Killeen Tce, Malahide, Co Dublin
Six-bed period Victorian house. Withdrawn: €2.25m. Quoting: €2.75m. Agent:Lisney
COMMERCIAL
YESTERDAY'S RESULTS
Kilagoley, Enniscorthy, Co Wexford
20.5 acres development land. Withdrawn. Under negotiation. Agent:Sherry FitzGerald O'Leary
PREVIOUS RESULTS
87/89 Waterloo Rd, Ballsbridge, D4
Period office. Withdrawn: €7m. Sold after for higher. Agent:Sherry FitzGerald
Moyglare Rd, Maynooth, Co Kildare
0.33-acre site with derelict cottage. Sold: €750,000. Agent:Property Partners Brady
Riverview Hotel, New Ross, Co Wexford
A 16-bed hotel. Withdrawn. Under negotiation. Agent:Sherry FitzGerald Radford
Private Treaty:
Sherry FitzGerald has secured region €4.6 million for 152 Merrion Road in Ballsbridge, Dublin 4. The six-bedroom, triple-fronted house had failed to sell at auction in May 2006.
Number 10 Carysfort Grove, Blackrock, Co Dublin, a four-bedroom detached house, has sold for region €1.385 million through Sherry FitzGerald.
In Dublin 3 sales, a three-bedroom mid-terrace house - 259 Clontarf Road - sold for region €1.15 million through Douglas Newman Good and the same agent secured €635,000 for 67 Carlton Road, Marino, Dublin 3, a three-bedroom semi in need of renovation.
Douglas Newman Good has also secured region €535,000 for a three-bedroom semi, 22 Templeview Way, Donaghmede, Dublin 13.
In Dublin 4, a three-bedroom mid-terrace house - 29 Adelaide, Strand Road, Sandymount - sold for region €730,000 through Lisney.
A three-bedroom semi on a large corner site - 48 Hollybrook Park, Bray, Co Wicklow - sold for €542,000 through Sherry FitzGerald.
In country sales, 16.3 acres of agricultural land at Carlingford, Co Louth, sold for €1 million through Gunne Property Dundalk.
In Co Kildare, a four-bedroom bungalow on 0.9 acres - Reeves Cross, Dublin Road, Athy - sold at auction for €900,000 through Bryan O'Doherty.
Elsewhere, a derelict cottage on 0.3 acres with planning permission for a house at Newtown Village, Kilcock, Co Kildare, sold for €349,000 at auction through Property Partners Brady.
Lennox Estates secured close to €2 million by tender for Frank Clarke's Hairdressers on Church Road, Greystones, Co Wicklow.
