There is every sign that the appetite for land on the part of dairy farmers will not be satisfied anytime soon.
Even smaller parcels in non-dairy areas are attracting the interest of dairymen so it is likely that a 115ac residential farm in Meelin, near Newmarket in north Cork will generate huge interest when it goes to auction in the next few weeks.
Given that the farm comes with a milk quota of 378,059 litres, buyers from across the southwest are expected to throw their hats into the ring. The property comes with a guide price of €1.3m, or more than €11,000/ac.
Located at Meenishall, Meelin, the farm is 9km from Newmarket, 28km west of Charleville and 35km from Mallow.
This is a fine holding in great heart and comes with a modern home and substantial, modern farming facilities. In addition, it has a single farm payment of €14,886 (45.03 standard entitlements with a value of €330.60 each) and a Disadvantaged Area Scheme payment of €2,879 per annum.
Laid out in more than two dozen smaller fields, the farm is described as rolling landscape in a nice setting of mature trees. The owner, who is retiring from farming, built the place from a holding he inherited, adding two smaller adjoining farms over the years.
The property includes 115ac of grassland all in one block and all within grazing distance of the farm yard and milking parlour.
According to Julie Roche, of selling agents Brady Group, the farm is well serviced by roadways and is paddock-fenced for ease of grassland management.
According to the selling agents, the farm has a proven record of long grazing seasons, making it ideal for grass-based milk production.
The yard is built around a modern, nine-unit milking parlour and includes an extensive range of farm buildings in excellent condition. All the structures have been well cared for and maintained, with metal sheeting painted, while chutes and downpipes are all in good working order.
The buildings also include a cubicle shed with space for 80 animals, a five-bay slatted shed with single slats, a 60ft by 35ft calf shed, a machinery store measuring 80ft by 30ft, a silage pit and a slatted slurry storage unit with 667 cubic metres of capacity.
The current owner bred Connemara ponies, and the outbuildings include six good stables. Also in the yard is an old disused farm house in reasonable condition that could easily be refurbished and reinhabited.
The dwelling house is a modern two storey structure built in the 1999 and currently in excellent condition. The accommodation includes a kitchen with a new AGA cooker, a utility room, office, sitting room, dining room, downstairs bathroom, while upstairs are four bedrooms of which one has en suite facilities.
Services include oil fired central heating, ESB and water supplied from the mains and a bored well.
The property has two entrance points with the house accessed by a walled gateway with wrought iron gates. The gardens are well laid out and maintained.
The farm will be sold by public auction at the Park Hotel, Charleville, Co Cork at 3pm on Thursday, December 12.