Farm Ireland
Independent.ie

Wednesday 7 December 2016

Locals buy Athy lots

Published 18/05/2010 | 05:00

A RESIDENTIAL farm on 127ac has been sold in lots at auction for €1.52m.

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Locals were again to the fore in the packed auction room and bidding for the property at Popefield, Athy, was brisk and competitive with several bidders for each of the lots.

Auctioneer Paddy Jordan confirmed that all lots were bought by local people, either through their solicitor or an agent acting on their behalf.

He said it was apparent early into proceedings that the interest was in the individual lots.

The main house and yard on 65ac, described as lot one, was sold for €725,000.

Lot two, which comprised 12.2ac, went under the hammer for €130,000.

Lot three, a 9.3ac parcel, sold for €135,000 and lot five, which included 17ac across the main road, was sold for €240,000.

The 10ac that made up lot six sold for €135,000. The three acres in lot seven made €55,000 and lot eight, which comprised 7ac, sold for €100,000.

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Lot four, the main holding and 87ac, was bid to €800,000 but, gauging by the interest shown, the auctioneers opted to go with the smaller lots.

"There is good demand for small parcels of land out there and a lot of bidders are probably hoping to secure planning permission down the line," said auctioneer Clive Kavanagh.

Although all the buyers were local, it is understood that not all were farmers.

The farm is located on the Kildare/Laois border, just off the N78 and about 2.5 miles from Athy and Ballylinan.

The modern dormer residence was constructed in the past 10 years and is said to be in good condition throughout and the adjacent yard has a good range of farm buildings.

All the land sold is described as being of good quality and is currently in tillage.

Irish Independent