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May 10, 2013 - 15:57

Just one property sells at DNG auction

MyHome Content Studio
By MyHome Content Studio
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Just one property sells at DNG auction

Just one property sold at today’s DNG Maxwell Heaslip and Leonard property auction in the Imperial Hotel in Galway.

Ten lots were due to go under the hammer, although Brooklodge Demesne was withdrawn shortly before proceedings got underway.

The only sale was lot two, 35 Cluain Dara, just off the Western Distributor Road.

The three bedroom semi-detached home had a reserve of €135,000 but sold in the end for €162,000.

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The remaining eight lots failed to meet their reserve price, although auctioneer James Heaslip was hopeful of concluding further sales afterwards.

Amongst the lots that failed to sell was Costello Lodge in Connemara – the former home of Joseph Bruce Ismay, chairman of the White Star Line, the company that owned the RMS Titanic. It had a reserve of €395,000 but failed to attract any bids on the day.

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