Fab four hit the market with a €2.45m guide
Published 11/10/2011 | 05:00
Described as a 539ac collection of residential and non-residential land, four properties have come on the market at Ballynacargy, Co Westmeath. These are lands accumulated by a local businessman during the boom years and are now for sale individually.
Among the properties is a 235ac farm that was once part of the former Multyfarnham Agricultural College, a 155ac residential farm and two farms of 69 and 80ac respectively.
Selling agents Murtagh Bros, Mullingar, and Coonan Real Estate Alliance, Maynooth, are bringing the properties to public auction on Thursday, week, with an overall guide price of €2.45m, or just over €4,500/ac.
All four properties are within a four-mile radius of the village of Ballynacargy.
The land has been farmed as a unit with a large suckler herd and has extensive accommodation for around 300 cattle.
According to Dillon Murtagh, of Murtagh Bros, the farms, which are all under grass, are well laid out in neat, tidy divisions, well fenced and watered throughout.
He said the lands have been farmed more extensively than intensively over the last few years and are in need of attention in terms of tidying and fertilising.
A residential farm of 155ac located at Kilmacnevin, Ballynacargy, is the first property to attract attention.