independent

Sunday 20 April 2014

101ac Co Limerick farm set for auction with €800k guide price

It is surprising to see bigger farms come to auction this early in the year but a number of larger holdings are hitting the auction floor before the daffodils bloom.

Among them is a substantial 101ac farm at Ballyphillip, Limerick Junction, Co Tipperary, that comes to the market with a guide price of €800,000 or €8,000/ac.

Tom Crosse, of selling agents GVM, describes the farm as consisting of mostly top class land.

It has changed hands a number of times in recent years and saw various developers take interest in it during the boom.

manageable

However, it is now for sale as farmland.

Located one mile from Limerick Junction, four miles from Tipperary town and 20 from Limerick, the farm is in good condition with good fencing separating its manageable divisions.

There are a range of buildings on the property including a derelict farmhouse, a haybarn, various sheds and a cattle crush.

It comes with substantial road frontage giving ample access to the lands.

According to Mr Crosse, there has already been much interest in the farm from locals and those based farther afield.

While it will be of interest to a range of farmers it could be especially attractive to the customer seeking to establish or expand a dairy enterprise.

The sale is guided at €800,000 but Mr Crosse is instructed to sell the property when it comes to auction at GVM's auction rooms, 25-26 Glentworth St, Limerick at 3pm on Friday, February 8.

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