Farm Ireland

Thursday 8 December 2016

Keen interest in East Galway holdings

Published 20/05/2015 | 02:30

Serious interest is being reported by Tuam auctioneer, Martin Tyrrell, in three east Galway farms he has for sale by private treaty.

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Mr Tyrell said offers for the farms were already nearing their reserve prices. The general asking price for east Galway land at the moment is in the region of €7,000/ac.

The farms on Mr Tyrrell's books include a 113ac grazing/tillage enterprise in one division at Rathglass, Ballinasloe selling. The guide price on this property is €7,000/ac.

Another 57ac mixed-grazing and tillage enterprise at Cinn Uisce, near Claregalway, has a reserve of €250,000. This holding comprises 24ac of good tillage quality land and a further 32ac of grazing ground.

The third property is a 40ac residential farm at Fohenagh near Ballinasloe. The farm has a modern three-bedroom bungalow and is on the market with a price tag of €300,000.

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