Telco site in Athy fetches €604k at BidX1 auction

The building has four tenants which generate a succulent gross yield of almost 14 per cent

27th October, 2019
Block A, Smithfield Market in Dublin 7

A site in the town of Athy, Co Kildare was the top seller at BidX1’s auctions last week when it sold for €604,000, or 52 per cent over its €400,000 guide price.

Located to the rear of Bridge House Bar on William Street Upper, the property generates annual rent of €84,000 from four tenants in the telecoms business, including Three and Meteor. That equates to a succulent gross yield of 13.9 per cent.

The purchaser...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago