Farm Ireland
Independent.ie

Tuesday 19 September 2017

Mixed results at auctions

Jim O'Brien

Jim O'Brien

NOT all auction rooms are resounding with the fall of the gavel and mixed results are reported.

A 40ac residential farm at Kilbreedy East near Kilmallock, Co Limerick received no bids when put to auction recently by Charleville auctioneer John Flynn.

The property came to the market with a guide price of €425,000. It was offered in the entire and in lots.

A renowned holding, the house was one of the original farm guest houses when certain families opened their homes to tourists.

Mr Flynn reports lively interest in the property since the auction and hopes to conclude the sale in the near future.

KILDARE

Further north at Straffan, Co Kildare, a 24ac parcel of ground offered by REA Coonans was withdrawn from auction at €200,000.

Located near Barberstown Castle and less than a mile from Straffan and four miles from Maynooth, the tillage land is laid out in three fields and fenced with natural hedgerows and sheltered by mature trees.

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Philip Byrne of Coonans is in post-auction negotiations and reasonably confident of agreeing a sale.

KILKENNY

In Kilkenny, auctioneer Ed Donohoe is also engaged in post-auction negotiations to close the sale of a 13.5ac field of good ground outside Kilkenny city.

Located at Ballinamona, Clifden, Clara – approximately three miles from the city – the tillage field has good road frontage on the old Carlow to Kilkenny road.

Describing it as "super ground", Ed Donohoe expected the land to command top price and mirror other farmland sales in the area over the last number of years.

At auction, the running was made by three local farmers who bid the property to €190,000, somewhat shy of the €200,000 to €250,000 expected by auctioneer and vendor. Negotiations are ongoing.

Irish Independent