Model sheep holding sells for €363,000
Published 09/11/2011 | 06:00
A 60ac residential holding near Bailieborough, Co Cavan, sold in lots both during and after auction last week and realised a total price in the region of €363,000.
The farm, located at Gartnaneane, less than 6km from Baileborough, is part of the estate of late local sheep farmer Liam Farrell. In its day, this holding was a demonstration sheep farm.
According to selling agent Padraic Smith, the lands are highly fertile and productive and laid out in good sized divisions.
The fencing consists of high-grade stockproof fences and the property enjoys an abundance of road frontage.
The farmyard is of the traditional type, with a range of sheds and some fine handling facilities. The house is a solid farmhouse in excellent condition, and the accommodation includes three bedrooms, a sitting room, kitchen/dining area and bathroom.
In the course of the auction, Mr Smith sold a 13.5ac lot to a local farmer for €72,500, while a parcel of 35.6ac also sold under the hammer to a local farmer for €140,000.
Both lots averaged just over €4,300/ac.