The Allsop Auction opened to a house of potential bidders in the RDS, Ballsbridge.
The biggest attraction was the Limerick city office block that was sold for over €3m.
Today’s auction attracted an attendance of approximately 1,000 people.
The office block building currently has a tenant in the Office of Public Works and is located on Charlotte Quay, Limerick. The quayside city centre is a prime location that comprises of a ground floor entrance Lobby and four storeys of offices extending to approximately 3,307 square metres.
Before this property was sold, a luxurious 18 hole golf course sold for €650,000 as one of the country’s biggest auctions got underway at the RDS in Dublin.
Woodlands Golf Course sits on a 127 acre plot including a pitch and putt course and practice area, is located at Cooleragh, Coill Dubh, Naas, Co Kildare. It was just 1 of the 150 lots up for grabs that have a combined reserve of €20m and comprise of mainly commercial and investment properties.
Another building in Cork St, Dublin 8, which comprised of laundrette and three two bedroom apartments was sold for €495,000.
Meanwhile, a takeaway on Mary’s St, Galway, withdrawn as it didn’t reach the reserve of €250,000.
A mixed use building retail unit with three apartments in Harold’s Cross in Dublin sold at reserve price €585,000 while there were no bids on Soden’s Public House in Ballyjamesduff Co. Cavan. It had a reserve price of €85,000.
In addition, a six storey office building on Reuben street Dublin went for €335,000 and a petrol station on the Main Street in Ashford, Co Wicklow was sold for €360,000. Other properties attracted little interest including a retail unit in Templemore Co Tipperary, which was withdrawn at €80,000.
The Allsop Space auction was delayed due to the high numbers of potential bidders queuing to get through the security checks, causing a delay of 15mins. But there was disappointment for a community group from Trim, Co Meath after a community building was withdrawn at reserve €195,000 despite their offering €100,000 to buy it.
An Allsop Space auction held at the Shelbourne Hotel in July had to be called off due to disruption from protesters. Many protestors were against the selling of repossessed family homes, but today the Allsop Space Director of auctions Robert Hoban reiterated his company’s pledge to not sell repossessed family homes.