Dairy holding in 'the Golden Vale of South Munster'
Published 24/02/2016 | 02:30
The backbone of the farm property market continues to be the smaller holdings much valued by neighbours and obviously much more affordable than the larger farms.
Generally such holdings extend to between 20ac and 50ac and this week we look at a small sample of what's on offer in Munster.
Starting in the rebel Cork Bandon auctioneer Paddy Murray is handling the sale of a 51ac farm at Barryshall, Timoleague in west Cork.
The farm is on the market by private treaty with a guide price of between €13,000 and €14,000/ac.
Located less than 2km from Timoleague village and off the R601 the property includes land in three fields and a yard with an A-roof outbuilding in need of attention.
The property falls into two natural sections of 29ac and 22.5ac completely in grass and while rented for a number of years it is in good heart with decent fencing and a water supply.
The ground slopes to the road and has up to 800m of road frontage.
"The farm is north facing and is dry," explains Mr Murray.
"It is very early ground and cows would be out on it a month before their counterparts in the north of the county.
"The land around here is the Golden Vale of south Munster."
The farm is surrounded by dairy farms so Mr Murray expects great interest from locals and while there isn't a lot of money sloshing around the dairy sector at the moment he anticipates a lively sale.
Moving north to Co Clare we reach the shores of Lough Derg where Killaloe based auctioneer John Phelan of Harry Brann properties is selling a lovely undulating farm at O'Gonnelloe.
Extending slightly beyond 29ac the holding comes to market without entitlements and with a guide price of €160,000 or €6,500/ac.
The land is located between the village of O'Gonnelloe and the shores of the lake about 8km from Killaloe.
It is the best of grazing ground and is located in a parish that for years supplied vegetables to Limerick city.
The ground is elevated and dry and while 20ac is best suited to meadowing or grazing the remaining 9ac parcel has some gorse covering and surface stone but is suitable for grazing.
The land has no current water supply but there is never a difficulty sinking wells in the area.
The property has excellent views over Lough Derg but there is little likelihood of getting planning permission. According to Mr Phelan the property had permission for the construction of a residential dwelling in 2007 but that has since expired.
There has been strong interest in the holding, especially in recent weeks.
Staying in the Banner and near the lake Mr Phelan is also handling the sale of 49.25ac of elevated forestry land, located around 3kms from the town of Killaloe.
The private treaty sale is guided at €210,000.
The timber was planted in 2004 with species that include Sitka Spruce, Japanese Larch and Alder.
The highly productive crop, which will be fit for thinning in three to four years, brings in an annual premium of €8,872 with eight premium payments remaining.
According to Mr Phelan the owner lives in Leinster and is seeking a similar plantation closer to his base.
And moving west of the town of Ennis auctioneering firm DNG O'Sullivan Hurley is handling the sale of a 33ac grass farm at Ballydonohoe, 1.2km from Kilmaley Village.
The holding is on the private treaty market for a price in excess of €209,000 or just over €6,300/ac.
Located about 8.5km from Ennis the lands are described by Cormac O'Sullivan as slightly elevated from road level with mature hedgerows and stone walls making up the boundary.
Described as summer grazing or fodder harvesting the farm is in three fields and has extensive road frontage on to three minor roads.
It is expected that local farmers looking for grazing space for replacements or fodder will be interested in the farm at Ballydonohoe.