**SOLD** Press Release c.107 Acres Mullaboden, Naas

Jordan Auctioneers, Newbridge successfully sold c. 107.5 acres at Mullaboden, Naas by Public Auction on Wednesday last for €1,200,000 equating to just over €11k per acre.

Before an attendance of about 15 people Paddy Jordan opened the sale with an offer of €900,000 at which stage there were 3 active bidders up to €1,100,000.  At this point Mr. Jordan placed the property ‘on the market’. Several more bids were received by two potential purchasers before the property was sold to an Agent acting in trust on behalf of a client.

The property at Mullaboden was conveniently located close to Naas 8km, Ballymore Eustace 2km & Kilcullen 8km. Extending to a total of c. 107.5 acres (43.5 hectares) the land was all in permanent pasture with natural boundaries and superb shelter laid out in about 5 divisions with 150 meters road frontage. In addition to this a restricted Planning Permission has also been granted by KCC for an equestrian facility with Residence, Gate Lodge and Yards (restricted to applicant).

Speaking after the Auction Paddy Jordan said the ‘sale had generated extensive interest over the marketing period and that this was a positive indication for the year ahead despite concerns about Brexit and other external factors’. Several reported under bidders are understood to be looking for something similar in the general area. 

http://www.jordancs.ie/residential/brochure/mullaboden-on-c-107-5-acres-naas-kildare/3860070

Press Release - 43 Res Units in Newbridge Town Centre

VALUABLE INVESTMENT OPPORTUNITY WITH 43 RESIDENTIAL UNITS WITH A CURRENT RENTAL INCOME OF C.€270,000 PER ANNUM

Situated in the centre of Newbridge mainly between Eyre Street and John Street this is an ideal investment portfolio of 43 units in blocks with the surrounding area mainly residential with some commercial in the vicinity.  Eyre Street is a secondary location and saw significant re-development in the 1990’s as part of the urban renewal scheme.  The portfolio comprises a mix of older generation purpose built small residential blocks and a number of converted houses into flats, 10 recently refurbished cottages and a derelict house. 

Situated in the centre of Newbridge a thriving town c.28 miles southwest of Dublin benefitting from excellent transportation links with the City from the regular commuter rail service direct to Heuston Station, bus route on the main street and M7 Motorway access at Junction 10 or 12.  The town has a population of c.22,000 people with a strong employment base as well as benefitting from the commuter population.  Major employers include Pfizer Pharmaceuticals. Bord na Mona, Oral B, Lily O’Brien’s Chocolates, Lidl Distribution and the Kerry Foods facility in Naas.  Newbridge is a commercial hub for the area with many excellent shopping facilities including Dunnes Stores, Tescos, Penneys, Woodies, D.I.D. Electric, T.K. Maxx, Newbridge Silverware and Whitewater shopping centre with 60 retail outlets, foodcourt and cinema.  The Kildare retail outlet village is only a 10 minute drive. 

This is an ideal investment opportunity which has 100% occupancy (except for derelict house) generating a current rental income of c.€270,000 per annum with good growth potential.  The property is for sale by Tender through Liam Hargaden of Jordan Auctioneers – 045433550 who are guiding €2,000,000.  Tenders to be submitted no later than Thursday 6th April @ 3pm, to the offices of Reidy Associates Solicitors, 3 Mount St Crescent, D. 2.

http://www.jordancs.ie/commercial/brochure/town-centre-newbridge-kildare/3865173