Going, going, gone! Unpaid taxes leads to auction of land in Trinity - Action News
Home WebMail Wednesday, December 4, 2024, 12:17 PM | Calgary | -4.4°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
NL

Going, going, gone! Unpaid taxes leads to auction of land in Trinity

Two plots of land in one of the province's most popular tourist towns are up for auction after unpaid taxes.

Land described as meadow with beach access: Auctioneer getting interest from 'far and wide'

Two plots of land in Trinity are up for auction in a tax sale. (Chris O'Dea)

Interested parties from "far and wide" have their eyes on a pair of plots in historic Trinity that will soon come to public auction.

"What we're auctioning off are two pieces of land on a prominent headland within the Trinity harbour, known as Hogg's Nose," said Chris O'Dea of O'Dea's Realty and Auction Room.

O'Deadescribedthe lots as "pastoral, meadowland" with "very little on the land, other than grass."

Photos of the land at 15 High Street shows a meadow and beach access. (Chris O'Dea)

The 787.9-sq. metreslot at 15 High Street slopes down to a beach, "which is really a suitable place to build a wharf," saidO'Dea.

The second lot is slightly larger, "perpendicular to the first property" and O'Dea said hehas been fielding interest from all over.

"I have had inquiries from people far and wide, from people that are long term residents ofTrinity, from people that are seasonal residents in Trinity, even outside of Newfoundland, who are considering bidding on this particular property."

Auction a tax sale

O'Dea saidthese properties are up for auction as a tax sale after the town attempted to recover unpaid taxes.

"Under the Municipalities Act the Town of Trinity has the right,after five or six years after making efforts to collect the taxes, to auction the lands," said O'Dea.

Interested bidders are required to register with the town tobid, place a $5,000 deposit and be present or have a power of attorney in Trinity on the auction date, September 23.

The second property, at 5 High Street, will be up for auction in September. (Chris O'Dea)

O'Dea saidhe's been known to spice up auctions in the past but plans to keep this public auctionprofessional and straightforward.

"When someone is going to drop tens of thousands of dollars on a piece of land I just simply go very slowly and I'm very careful in making sure that every opportunity for everybody to bid is heard and entertained," said O'Dea.

For those who have watched auctions on TV he has a few tips for an in person purchase.

"The onuswith the individuals to make their bid known and not just sit on their hands and give a little wink and a nod and expect that I'llrecognize the bid," said O'Dea.

The Town of Trinity has the right to put a reserve price on each lota price that must be met in order for the lot to be sold.

O'Deawouldn't say what he expects the parcels to go for, but he does expect it to be over fast.

"For me it will be interesting, but it won't be an exciting event," said O'Dea. "It'll last about five minutes."