Posted on 1st March 2017 by Shauna Forde
As part of their investment offerings, The Leinster Property Auction have launched a number of substantial investment and development opportunities ranging from €1m and upwards. The properties are offered for sale via their 45 day online auction with the highest bidder securing the property, providing the agreed reserve has been met.
The auction group is a partnership of auctioneers across Leinster offering a wide variety of properties including residential homes, commercial properties, agricultural holdings along with a substantial development and investment portfolio.
Below are a number of the investment being offered:
63-64 Thomas Street, Christchurch, Dublin 8
This mixed use investment property is in a prime location and is offering investors a possible yield of c.10%. The lot is offered for sale in partnership Kelly Bradshaw Dalton for bids over €1.1 Million.
Located on the ever popular Thomas Street, this building has great potential and consists of a ground floor retail unit which is currently rented, 3 x two bedroom apartments and a development site with planning permission.
Each apartment is fully fitted with wooden floors along with a separate high end bespoke kitchen. These sleek city apts. also boast of a large master bedroom with en-suite, a fully tiled main bathroom, ample storage space and in addition each apartment has its own private balcony.
The development site is to the rear and benefits full planning permission FPP for 4 apartments – 1 X one bedroom apartments, 1 X two bedroom apartments and 2 X three bedroom apartments.
Thomas Street is located in one of Dublin city`s most vibrant commercial, residential and leisure districts. Just a five minute walk from Dublin City Centre there are numerous amenities in the immediate area making the property an excellent choice for owner-occupiers and investors alike.
16 acre Development Site, Balfeddock, Drogheda Road, Termonfeckin, Co. Louth
In partnership with Quantum Property Consultants, the auction team have launched to the market a significant development opportunity less than 1 hour from Dublin. This large development site has full planning permission for a large residential and commercial development in the town of Termonfeckin, Co. Louth. The land which has full planning permission for a large mixed use scheme of residential houses, commercial units and a nursing home is offered at bids in excess €1,200,000.
The current planning scheme provides for 144 dwellings – 131 houses, 13 duplex apartments and commercial units as scheduled below.
On the residential side there is planning for 40 x four bedroom detached, semi-detached and terraced houses. In addition there is planning for 63 x three bedroom properties including both semi-detached and terraced houses. While there is also planning received for 28 x two bedroom semi-detached and terraced houses.
This land is in an ideal location just 8 km north-east of Drogheda in the beautiful village of Termonfeckin which boasts a host of marine leisure activities including sailing, canoeing and much more. Dublin is just 60km away and there is direct accessed to the M1 Motorway making this well positioned site one of the most desirable development’s on the market at the moment.
9 Homeleigh, Porterstown, Castleknock, Co, Dublin
This unique property is been offered for sale in partnership with The Property Shop, Dunboyne. The property is offered at bids in excess €1.1 million and presents a rare opportunity to acquire a substantial 6 bed residence that comes with the added benefit of full planning permission to replace the existing building with two large detached homes.
The property is situated on a C. 1 acre site with private and mature gardens that overlook the Castleknock Hotel and Golf Club. Currently the property is a beautiful, 6 bed detached house, however the planning permission allows for 2 large detached residences to be built in its place. Both of the new builds would offer C. 3,260 sq. ft. of internal floor space as well as ample space around each dwellings.
Homeleigh is an exclusive address with homes in a high demand due to the close proximity of Castleknock Village, Castleknock Hotel & Golf Club and Luttrellstown Golf Club. The property is surrounded by manicured landscaped gardens which are bordered by large trees and shrubs, giving an extremely private aspect. The rear of the house faces into the Castleknock Golf Club and is south facing in direction.
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