One Kerry Property Sold At Allsop Commercial Auction

Posted by

.

JUST one commercial property was sold at the Allsop online auction today. Yesterday there were eight residential properties sold (click here for previous story), but today it was just the one lot from Kerry open to bids.

Ivy House, New Street Car Park, New Street, Killarney, had a reserve range of €350,000 – €370,000. It sold for well above that figure at €496,000 attracting 48 bids.

This is an office investment extending to approximately 328 sq. m (3,530 sq. ft). It is let to Kerry Education and Training Board t/a Killarney VTOS with a lease expiry in 2021. The current rent reserved is €38,000 per annum.

Ivy House, New Street Car Park, New Street, Killarney.

Comments are closed.

image