Sunday 23 September 2018

Christmas tree farm in record sale

A Christmas tree farm will come under the hammer during a record-breaking Allsop Space auction.

The farm at Ballinvalley, Redcross, Co Wicklow, which is planted with coniferous trees, extends to approximately 19.3 hectare and will come up for auction at the RDS on December 10.

Auctioneers Allsop Space said a total of 150 properties are on their books.

It said the 150 lots, composed primarily of commercial and investment properties, have a combined reserve of €20m, "by far the largest ever recorded in Ireland".

 

BIGGEST

However, the total value will be determined on the day.

Auctions director Robert Hoban said: "This will be the biggest property auction ever held in Ireland.

"The scale of this event is important because these sales reflect a new willingness to buy properties that will help create jobs and add real value to the economy."

Around 64 of the lots are commercial while 86 are a mix of residential and land.

Included are 16 apartments, eight blocks of flats, 40 houses, two hotels, one hotel suite and a golf course – if you are struggling for a present idea...

fdillon@herald.ie

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