Big prices at land auctions in Limerick and Tipperary last week
Published 25/11/2016 | 15:00
A 41ac residential farm near Drangan, Co Tipperary sold under the hammer last week for €300,000.
With excellent road frontage on to two roads the property has views of Slievenamon.
It is described by auctioneer Pat Quirke as good ground but in need of reclamation. It was not farmed at all this year
The residence has been somewhat refurbished with rewiring, PVC windows and central heating but in need of modernisation.
The outbuildings include a stone coach house and an old two-column haybarn.
A well attended auction saw the holding offered in lots with the residence on 1ac forming one and 40ac of land forming another while the entire made up the final piece. On the day there was no bid for the residence while the 40ac of ground was bid to €270,000.
The entire was then introduced and this was bid to €300,000, at which stage the auctioneers withdrew for instruction.
On returning to the room P F Quirke put the entire on the market at €300,000 and it sold at that price to a neighbour.