IT RAISED over €12m, but sales of Limerick properties in the latest distressed property auction attracted less than €800,000.
The fifth such auction held in Dublin’s Shelbourne Hotel realised €12.4 million, with 94 per cent of the properties sold.
Five Limerick lots were up for sale, including apartments in the city centre and Castletroy, as well as a quarry in Kilfinane.
A bed-bed apartment in Cois Ghruada, Castletroy went for its reserve of €65,000.
An apartment in Richmond Court, Mount Kennett Place, went for €43,000, €18,000 above its reserve.
Another apartment in the same location fetched €35,000, €11,000 above reserve.
In the county, a quarry in Kilfinane went for its reserve of €525,000, while an adjoining site went for €112,000, €28,000 above its reserve.
It was the first Allsop Space auction of the year, with the next Irish auction scheduled for May 2.
For a full report, read Monday’s Limerick Leader, print edition