A highly anticipated auction in Athenry, Co Galway, for 103 acres of land attracted a large gathering last Thursday. However, the result was disappointing.
The plot, bought by the GAA during the mid 2000s, was withdrawn from auction at €500,000, far below its guide of €750,000.
A difficult auction in nature, the bidding opened and closed at €500,000 with signs of shadow-boxing in the crowd.
When speaking with the Irish Farmers Journal, the auctioneer handling the sale, Cathal Moran of Cathal Moran and Co Auctioneers, Athenry, said that there has been more interest after the auction than there was before.
Moran was joint agents with GVA Donal O Buachalla. Negotiations for a higher price are currently ongoing.
The lands
The lands themselves are of good grazing quality. Located in one block, the property is surrounded by both internal and external stone walls.
Divided into circa 10 paddocks, there is supplementary fencing in parts of the holding. The land is supported by a good mains water supply.
Since it was last purchased, the land had been grazed by cattle and sheep and was rented. Originally it was bought as two blocks and incorporated into one by the GAA.
Centre of excellence
Purchased by Galway GAA, it was supposed to be a centre of excellence for hurling.
Planning permission was granted in 2008 for an extensive GAA facility, which would have no doubt been of top quality.
The subsequent economic crash halted any proposals for such development to take place and the lands were put on the market this spring.
The plans
The planned centre of excellence was comprehensive and extensive. It included a total of six football pitches, one all-weather pitch, a two-storey sports hall, a gym, dressing rooms, free-standing pitch shelters, a toilet block, parking facilities and hurling walls, to name a few.
The plans were made by the Galway GAA hurling board. The development planning was made on parts of the land. As referenced, however, the substantial plans did not materialise.
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A highly anticipated auction in Athenry, Co Galway, for 103 acres of land attracted a large gathering last Thursday. However, the result was disappointing.
The plot, bought by the GAA during the mid 2000s, was withdrawn from auction at €500,000, far below its guide of €750,000.
A difficult auction in nature, the bidding opened and closed at €500,000 with signs of shadow-boxing in the crowd.
When speaking with the Irish Farmers Journal, the auctioneer handling the sale, Cathal Moran of Cathal Moran and Co Auctioneers, Athenry, said that there has been more interest after the auction than there was before.
Moran was joint agents with GVA Donal O Buachalla. Negotiations for a higher price are currently ongoing.
The lands
The lands themselves are of good grazing quality. Located in one block, the property is surrounded by both internal and external stone walls.
Divided into circa 10 paddocks, there is supplementary fencing in parts of the holding. The land is supported by a good mains water supply.
Since it was last purchased, the land had been grazed by cattle and sheep and was rented. Originally it was bought as two blocks and incorporated into one by the GAA.
Centre of excellence
Purchased by Galway GAA, it was supposed to be a centre of excellence for hurling.
Planning permission was granted in 2008 for an extensive GAA facility, which would have no doubt been of top quality.
The subsequent economic crash halted any proposals for such development to take place and the lands were put on the market this spring.
The plans
The planned centre of excellence was comprehensive and extensive. It included a total of six football pitches, one all-weather pitch, a two-storey sports hall, a gym, dressing rooms, free-standing pitch shelters, a toilet block, parking facilities and hurling walls, to name a few.
The plans were made by the Galway GAA hurling board. The development planning was made on parts of the land. As referenced, however, the substantial plans did not materialise.
Read more
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Compact beef unit on offer in Antrim
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