herald

Tuesday 6 December 2016

Kodaline's Steve outbid for dream house at auction

Steve Garrigan from Kodaline
Steve Garrigan from Kodaline
Steve Garrigan and Kodaline

Kodaline's Steve Garrigan lost out to another bidder for his dream home when it went under the hammer for €717,500 at auction.

The Herald can reveal the rocker was bidding in the Allsop auction at the RDS yesterday for a stunning five-bedroom house on the grounds of Roganstown Golf and Country Club in Swords, Co Dublin.

The property had a reserve price range between €600,000 and €650,000.

However, keen interest in the property was shown by Steve and another bidder in one of the most intense sales of the day.

Steve eventually pulled out of the back-and-forth counter-offers when the other individual placed a bid of €717,500.

The frontman of the popular group declined an invite by auctioneer Robert Hoban to offer €720,000 to test the budget of the counterbidder.

Craic

The Dubliner revealed to the Herald that he viewed the property before going to the auction. "This is my first time at an auction. I have never been before. It's great craic.

"It is a nice house and I viewed it before auction. But I didn't think it was worth €720,000," he said.

While he was not interested in any other property on display yesterday, the rocker enjoyed the thrill of the auction so much that he admitted he will be back.

The musician was in high spirits despite not securing the property.

The group has added a second 3Arena show to their end-of-year homecoming after the first show sold out within 20 minutes.

Over 370 commercial and residential properties with a combined reserve of almost €60m are due to go under the hammer between yesterday and Thursday's sessions. Allsop's Commercial Director Robert Hoban said the auctions were increasing in popularity.

"We are very pleased with the level of activity. The activity is on the increase. We've had auctions for the last five years. It's a very different atmosphere when it first started.

"It's much more normalised now. There are people from all different walks of life buying all different types of properties.

"It's fair and transparent. We want make it easy for people to buy property," Mr Hoban told the Herald.

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