Compact farm on capital’s doorstep
Holding back in farmers’ sights with €550k guide
Published 02/11/2010 | 10:59
One of the most remarkable features of the post-boom era has been the emergence on to the property market of compact pieces of farmland in the renowned farming areas of North Kildare, Meath and North Dublin.
Farmers had all but disappeared from the market in what has become known as the greater Dublin area but the re-adjustment of land values to agricultural prices and the availability of smaller parcels of good land has made for lively business in the 10ac to 100ac market.
In this regard, a tidy residential farm on around 20ac at the Grange, Kilcock, has recently come for sale. The property is close to Kilcock town and the M4 motorway intersection, offering easy access to Dublin city.
The farm is in one division, partly divided into paddocks. The land, of excellent quality, is currently in grass but is suited to any agricultural purpose. The holding was originally a Land Commission farm, which came complete with a house and out offices.
The house, dating back to the late 1950s, comprises three bedrooms in a single-storey structure and is in need of complete refurbishment.
The farm was originally placed on the market in early 2007 with an asking price of €950,000. However, it has being re-priced and put up for sale again with a revised price of €550,000 – a drop of around 40pc on the original guide.
According to Eamon O'Flaherty, of selling agents Property Partners Brady, there is keen interest from both local farmers and people in the equestrian industry.
“In previous years, this farm would have made €50,000/ac. However, the vendors are now open to all reasonable offers,” Mr O’Flaherty said.