Kerry properties sell at July Allsop auction

KERRY properties continue to make a splash at the annual Allsop online auction in which nine properties from the Kingdom sold at July’s auction.

The properties represented a cross-section of commercial, residential and holiday homes from all over Kerry with a combined sales return in excess of €1 million. Moreover, six of the nine properties sold for above the reserve price suggesting strong interest in Kerry properties. The sole commercial property sold is an office investment at New Street, Killarney - currently leased by Kerry Education and Training Board. This sold for €496,000, which had a reserve of between €350,000 and €370,000.

Further south in Waterville, a vacant two-bedroom apartment sold for €55,000, while a detached four bedroom house at Spunkane (also in Waterville) sold for €191,000, €31,000 higher than its starting reserve of €160,000.

Properties in North Kerry were strongly represented with two three-bedroom holiday homes at ‘Sand Dune Cottages’ in Banna Beach selling for €52,000 and €49,000. Both had reserves of €35,000 and €45,000. In Lixnaw, €75,000 was paid for a detached house that is in the middle of completion. In nearby Listowel, eight unfinished units at Ballygologue Road sold for €66,000 – well above the €25,000 to €35,000 reserve price. Also in Listowel, a vacant detached four-bedroom house in Clieveragh, sold for €135,000 (up on the reserve price of €130,000).

Lastly, in Tralee’s Urban Terrace an end-of-terrace, two-bedroom house went for €40,000.