Prime Offaly holding sells for close on €11,000/ac
Land continues to command a good price, and the auction rooms are recording a steady stream of sales.
A 133.5ac grazing and tillage farm at Killeigh, Co Offaly sold in lots under the hammer last week. The farm, made up of prime land with elevated views of the surrounding countryside made €1.439m or almost €10,800/ac.
Killeigh, home to the famous Glenisk dairy, is about 10km from Tullamore on the N80 and about 15km from Mountmellick.
At auction, Gordon Cobbe of selling agents GVM Tullamore offered the property for sale in lots and as an entire with the lots comprised of a 48.5ac parcel of grassland, 82.5ac of tillage ground and a 2.5ac piece suitable for a site.
The 48.5ac in grass - and described as the best of grazing ground - has approximately 1.75km of road frontage and slopes upwards from the road to an elevated height with great views of the area.
The 2.5ac parcel of grass, across the road from the 48.5ac, has decent road frontage and similarly elevated views and, according to the selling agent, has great site potential subject to the required planning approval.
The 82.5ac section is made up of arable land currently in tillage and laid out in one block. Located 1.5km northeast of Killeigh village, the ground was most recently in beans but would be suited to any type of farming.
On the day, a crowd of 50 to 60 people showed up for the auction.