Unfinished Carlow estate sells for €640k

Unfinished Carlow estate sells for €640k

An unfinished housing estate in County Carlow sold at auction this afternoon for €640,000.

Between 25-30 people made their way to auctioneer DNG’s headquarters in Ranelagh to see the Glendale Estate on the Shillelagh Road in Tullow go under the hammer.

The partially completed development comprises 63 houses at varying stages of internal finish and 58 sites. The development, which is on a 14 acre site, had an AMV of €150,000 but sold for over four times that in the end.

There is 1 comment for this article
  1. Paddy at 8:04 pm

    Sold for around €5,000 per site or house, this is the realistic pricing level we need to get the housing business back in business. I wish every success to the developer, assuming they do a quality job and price the final product fairly.

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