Galway properties fetch over 400 thousand euro at auction

Galway Bay fm newsroom – Four Galway lots have sold for over 400 thousand euro at the latest Allsop Space Auction in Dublin. Among the Galway properties to be auctioned was a detatched three-bed bungalow on Lake Road in Loughrea which sold for 165 thousand euro – 50 thousand more than the reserve price. Other Galway properties sold at the Allsop auction included a five-bed semi-detached house on Moore Street in Loughrea which fetched 135 thousand euro – 35 thousand more than the reserve price. A 2-bed apartment in Upper Salthill sold for 100 thousand euro - 50 thousand more than the reserve. A lot at the Shambles on Vicar Street in Tuam which consists of seven 4-bedroom town houses, four 2-bed apartments and four ground floor retail units sold after the auction for an undisclosed amount. The lot had a reserve price of 200 thousand euro. Two Galway lots failed to sell at last evening's Allsop auction. A 2000 square foot industrial unit in Ballybane Industrial Estate failed to sell – its reserve was 100 to 120 thousand euro. A three-storey six-bed house on Father Griffin Road in the city had a reserve of 230 thousand euro- it also remains unsold. One lot consisting 2 units at Briarhill Business Park in Ballybrit was withdrawn prior to the auction.