Farm Ireland
Independent.ie

Thursday 20 July 2017

Kilkenny land goes for close to €15,000/ac

Jim O'Brien

Jim O'Brien

In one of the earlier auctions of the year Ballyragget auctioneer Eamon McEvoy sold an 18ac parcel of ground at Jenkinstown, Kilkenny for €267,000.

Jenkinstown is famous for its castle, a place credited with being the birthplace of that great ballad, The Last Rose of Summer.

Locals claim the renowned songwriter Tom Moore penned the classic while staying at Jenkinstown Castle.

Whatever about the the ballad, Eamon McEvoy believes he captured the first shoot of spring with this sale of Jenkinstown ground that netted a handsome €14,800/ac.

The land is described by Mr McEvoy as the best of roadside ground currently in grass but suitable for any farming pursuit. The property has plenty of road frontage on one side and is bounded by the River Dinan on the other.

On the day proceedings opened when Mr McEvoy accepted a bid of €150,000. With a local part time farmer and a Dublin businessman in contention the ground went on the market at €220,000 and 29 bids later the hammer fell at €267,000.

Mr McEvoy had expected a lot of interest from local farmers and was surprised it didn't materialise.


"The fulltime farmer is gone from the auction room again," he said, "he came back for a while after the boom but I'm afraid he's gone again."

Nevertheless Mr McEvoy was delighted with the sale and delighted with the strong price.

Shop sale

Much has been said and written about the neglect of rural Ireland and indeed many commentators believe the treatment of rural Ireland contributed in no small measure to the outcome of the recent general election.

Symbolic of the ills of the non-cosmopolitan corners of the country is the disappearance of shops and services.

There was a time when there was a decent shop at every crossroads but that is no more. In another Jenkinstown sale Eamon McEvoy sold a building that once housed one of these rural businesses.

Buggy's or 'Annie's' shop at Jenkinstown was what Mr McEvoy described as "a real local focal point for the community. The next shop is five miles away, this place was a landmark," he said. The three bedroom house in need of attention sold on its 0.5ac site for €70,000.

Withdrawn

In another early auction Landscape House at Clonlara in Co Clare was withdrawn from auction on Tuesday last after being bid to €405,000.

The property includes 79.85ac of farmland, river frontage on to the Shannon, road frontage, extensive tourist accommodation both catered and self-catering, a pub and a nine-hole golf course.

The land could do with attention and the house needs considerable refurbishment but at one time it was a thriving tourist business.

In a sale handled jointly by GVM Limerick and Ganly Walters, the property was brought to auction at Leopardstown Racecourse.

With a guide of €550,000 proceedings opened when a bid of €300,000 was accepted and three bidders showed cause. Matters came to a halt at €405,000 at which point the property was withdrawn by Robert Ganly and is now for sale by private treaty. Negotiations are on-going.

Indo Farming