Midlands zero grazing land guided at up to €8,000/ac
I picked the wettest day we had since September to walk a compact 54.5ac residential farm at Kilcolgan More, Ferbane in Co Offaly. The farm is on the private treaty market and can be bought as an entire or in lots with a guide price of between €350,000 and €430,000 or €6,000-8,000/ac.
Located 4km from Ferbane on the Kilbeggan/Tullamore road, the farm is in two portions with a 5.14ac field located on the way to the property from the main road. This field had planning permission for two sites that has recently expired and is guided pre the sale at €75,000. The remainder of the land is set behind the dwelling house and extends to 49.36ac.
On the day I visited it I walked some of the ground in the rain and was driven around much of the rest in a jeep that hardly left a mark on the place. There is a small yard with the farm that includes two four-column lean-to slatted sheds with accommodation for 75 cattle, a machinery shed and a sheep shed along with two silage slabs and a cattle crush.
A hardcore passageway that could do with a bit of work leads to the fields that bound the Brosna River at the lower end.
The farm was in the REPS programme and the fencing by the river is to REPS standards. A 6ac field is in GLAS and generates about €6,000 in payments.
The land is completely flat and while low-lying, it is very dry and fields adjacent to the farm have cattle out still -- not bad for the first week in November.
The fields vary in size from 17ac to around 5ac, with the space around the sheds occupying 3ac. The hedgerows are neat and well trimmed and the grass is in good order with every sign of being well looked after and fertilised.