Friday, 26 July 2019

POST AUCTION EDITORIAL - 28 Acres at Downings North, Prosperous, Naas, Co. Kildare



Jordan Auctioneers successfully sold 28 acres of land in two lots by Public Auction on Tuesday last for a combined total of €338,500 equating to just over €12,000 per acre. Before a small attendance of about 12 local based buyers the property was offered for sale in two lots:

Lot 1 comprised c.24 acres all in grass. This opened with an initial offer of €200k with 2 active buyers bidding all the way until the hammer dropped at €262,500 to a local based purchaser.

Lot 2: comprised c.4 acres which was opposite Lot 1 and an ideal site for a house subject to the obtaining Planning Permission. This opened with an initial bid of €40,000 with 3 active buyers before being sold for €76,000 to another local based party.

Speaking after the Auction Clive Kavanagh of the selling agents said ‘that there had been good interest in both lots from the outset but that the majority of this was local based and a reflection of the increased difficulties obtaining planning permission in County Kildare for one – off houses unless a clear connection to the area is established’.

http://www.jordancs.ie/residential/brochure/downings-north-c-24-acres-prosperous-kildare/4345817


http://www.jordancs.ie/residential/brochure/downings-north-c-4-acres-prosperous-kildare/4345822

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