Drystock farmers perfect for 103ac Drumraney plot
Published 01/02/2012 | 06:00
A non-residential farm extending to 103ac between Athlone and Mullingar, Co Westmeath, will attract a lot of interest from drystock farmers as it comes with substantial stock accommodation and handling facilities.
On the market by private treaty, Roscommon auctioneer John Earley is guiding the sale at €700,000, or €7,000/ac .
Located at Drumraney, 16km from Athlone and 28km from Mullingar, the farm is 5km from Ballymore, Co Westmeath.
It is set out in one block and divided into six paddocks. The various divisions have good fencing and water, and the property enjoys around 200m of road frontage.
Mr Earley says 92ac of the holding is "cracking grazing ground" that is dry and suitable for year-round grazing. About 11ac is of poorer quality and this includes 7ac of forestry and 3ac of heavy ground.
The farmyard would suit a stock-rearing farmer or a farmer who combines rearing and dealing. It consists of a five-bay slatted unit along with two five-bay drystock sheds, a silage slab and a cattle holding pen.
Mr Earley, who is not ruling out putting the farm to auction at a later stage, said: "I currently have a bid of €550,000 on the farm, which came close on the heels of a €500,000 offer. There is a lot of interest in this type of property."
Meanwhile, the Roscommon auction season kicked off on January 20 when a 14.15ac piece of land, located at Carnalasson, Fourmilehouse, sold immediately after auction for €110,000, or almost €7,800/ac. It exceeded its guide price by €10,000.