Allsop Space auction tomorrow

Allsop Space auction tomorrow

A golf course and a four storey office block are among the lots set to be sold at Tuesday’s Allsop Space auction in the RDS.

There will be 150 commercial and residential properties going under the hammer on the day, with a combined valuation of about €23 million.

The most expensive property being sold is a €2.8 million valued four storey office block in Limerick, River House on Charlotte Quay. The property is currently being occupied entirely by the Office of Public Works at an annual rent of between €340,000-€370,000 a year. The current lease with the OPW lasts until 2022.

Another of the notable lots set to go under the hammer is an 18-hole golf course together with a golf club, practice area and pitch and putt course. Woodlands Golf Course situated north west of Naas, Co. Kildare is on a 127 acre site and has a current tenancy agreement that expires at the end of this month.

The most expensive residential house up for grabs in the auction is a five-bedroom semi-detached period home on the Lower Drumcondra Road which has a reserve of between €500,000-€550,000.

The auction catalogue shows that about 90 out the properties up for sale are available at under €100,000.

The auction takes place on Tuesday, with registration beginning at 9am and the auction itself getting underway at 11am.

You can view the residential properties for sale here and the commercial properties for sale here.

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