Tuesday 20 February 2018

10.3 acres in Navan make €170k

A small land holding of 10.3 acres at Johnstown Village, Navan, Co Meath, was sold at auction by Savills last week for €170,000 or about €16,500 per acre.

Bidding at the auction started at €80,000 and was chased by two bidders up to €135,000.

It was then put on the market and with the entry of a new bidder at this time and six further bids, the property was knocked down to a local business man.

Loman Dempsey of Savills says it attracted the interest of bidders who recognised its long-term development potential.

Indo Property

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