Gleeson Auctioneers, Cathedral Street, Thurles, are holding a Monster Property Auction along the lines of ‘Allsops & Space’, at their MidlandAuctions.ie Premises at Thurles Retail Park, Stradavoher, on Friday February 22nd at 3pm. This is believed to be the first Auction of its kind outside of the main population centers and is a reflection of the increased activity in the midlands property market.
At the time of going to press, Gleeson Auctioneers are offering SEVEN properties ranging from land & sites to apartments and commercial property, each with a specially negotiated ‘AMV’ or Advised Market Value, usually an indication that the actual Reserve is not more than this figure. They are also expecting that there are many more Sellers anxious to offload property by this method and will be happy to discuss other prospective entries, prior to the big day.The current offering includes the following:-
• 2.69 Acres at Longfordpass, Thurles
• 1.8 acres at Knockroe, Thurles
• 15 Acres at Turraheen, Rossmore.
• 1-Bed Apartment at Riverbank, Thurles.
• Building in 4 Flats at Mitchel Street, Thurles.
• Residential Shop Premises at Croke Street, Thurles.
• Workshop on half acre at Cormackstown, Thurles.
Each of the above properties would have been listed at far in excess of double, if not treble, the ‘AMV’ in recent years, but the owners have now decided to ‘move on’ and make the best effort to sell on the day! There is a huge realization now the property market has bottomed out, and Gleeson Auctioneers believe there is tremendous value available in the above offering. There will be plenty of opportunity to view the properties prior to Auction and prospective purchasers are advised to ‘do their homework’ before buying, such as arranging finance, surveys, checking title etc. See further adverts in the ‘Tipperary Star’ in the coming weeks.
For more information contact John or Jonathan Gleeson at their Cathedral Street, offices, telephone 0504-22997 or mobile 086-2520766 and websites www.tipperaryproperty.com and www.midlandauctions.ie