This article is from page 4 of the 2014-03-04 edition of The Clare People. OCR mistakes are to be expected so download the original SWF or the rendered page 4 JPG
ALL Clare properties that went under the hammer at the Allsop Sale last week made or surpassed their reserve, as all the banner properties were snapped up.
The only Clare hotel on the list, Magowna House, Inch, was sold for € 370,000, € 20,000 over the reserve. The new owner of the 10-bed house, three two-bedroom cottages and an 18-hole pitch and putt course has not being confirmed, with millionaire business man and farmer JJ McCabe denying he purchased the lot.
A bungalow at Mahonburg, Inch, also sold at the Dublin-based auction for € 105,000.
Meanwhile 16.67 acres of land in Doonbeg reached its reserve price of € 75,000 and was sold, while land in Ardnacrusha surpassed its reserve by € 20,000. The 22 acres of land was bought for € 95,000.
A ground floor appartment also surpassed its reserve by € 11,000. The Town Court apartment was sold for € 31,000.
New hotelier Mr McCabe told The Clare People,