20 Residential Units In Tralee Estate Sold For €1.1m At Auction

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Fairway Heights where 20 residential units were auctioned.

TWENTY residential units in a Tralee estate were sold for €1,100,000 at an online auction held by BidX1 (formerly Allsop) this morning.

It was one of a number of Kerry lots for sale this morning on the website which included other Tralee properties (see below).

The units in Fairway Heights, The Kerries, were offered collectively as one lot with a reserve range of €1,090,000 – €1,110,000. It attracted one bid of €1,100,000 and was sold.

They consist of 10 two bedroom apartments, eight three bedroom apartments and two two bedroom townhouses.

Nine units are subject to tenancies at a combined current rent of €59,880 with vacant possession of 11 units.

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One of the houses in Kerrylee, Oakpark which sold this morning.

Also sold this morning were , 1, 11, 14 and 15 Kerrylee, Oakpark. They had a collective reserve range of between €315,000 – €325,000 but after 90 bids were sold for €470,000.

These are one four bedroom detached house and three four bedroom semi detached houses. They range in size from approximately 110 sq. m – 123 sq. m (1,189 sq. ft – 1,327 sq. ft).

They were subject to a pooled rental scheme at a current gross rent of €40,320 per annum and
were offered collectively as one lot.


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An apartment in Parklands is going to auction.

Another Tralee property for auction was 203 The Parklands, a second floor one bedroom apartment, extending to approximately 47 sq. m (505 sq. ft) with a reserve of between €30,000 and €40,000. It sold for double this at €76,000 after 37 bids.

One of six properties in Ballyferriter going to auction.

Going west there were six properties to be sold as one lot in Ballyferriter. Nos 2, 6, 7, 8, 10 and 13 Ard Na Cluainte, Cloonties, have a reserve of €605,000 — €615,000. They were eventually sold for €721,000 after 63 bids.

This is a portfolio of four three bedroom houses, one four bedroom house and one five bedroom house, ranging in size from 115 sq. m (1,237 sq. ft) – 159 sq. m (1,711 sq. ft).

For more on the Kerry properties click here.

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