Athboy holding makes 'near enough' to guide
Published 20/04/2010 | 05:00
A 26.5ac residential holding at Derrylangan, Athboy, was sold in two lots immediately after auction last Tuesday.
A farmer from outside the local area is understood to have bought the house and yard on 8ac that comprised lot one.
This was withdrawn from auction at €170,000 having opened at €150,000.
Lot two, the remaining 18ac, was bought by a farmer/ professional person. This had been withdrawn from auction at €130,000, pushed by two bidders from an opening bid of €100,000.
Auctioneer Thomas Potterton then tried the entire, which received only one bid, and was withdrawn at €301,000.
Discussions then commenced with the highest bidders for the lots and a deal was concluded for what the auctioneer said was "near enough" to the €400,000 guide.
On the same day, a Co Westmeath farmer outbid two Donegal men for a 21ac parcel of land at Ballinadrimna, Athboy, which sold for €160,000.
It is understood the buyer was acting in trust for a local farmer.