Offaly land sells later on Opportunity in Longford
Published 31/05/2011 | 05:00
A compact holding comprising 19.5ac of good arable land at Ard, Geashill, Co Offaly, was withdrawn from public auction and subsequently sold to the highest bidder for a price believed to be in excess of €145,000 or €7,500/ac.
The auction, held on May 17, was conducted by auctioneer Matt Dunne. The property was put on the market on the instructions of Francis Young of Rosenallis, acting on behalf of his brother who lives abroad.
A crowd of 30 people attended the sale and bidding opened at €120,000 and continued until the property was withdrawn at €131,000.
The auctioneer then negotiated with the highest bidder and after a short period a sale was agreed. While auctioneer Matt Dunne would not reveal the actual selling price, it is thought the farm sold for a sum in the region of €7,500/ac.
The lands were bought by a local couple, Imelda and Padraig Glynn, who live at Curryhills, Geashill, three miles from the farm.
Opportunity in Longford
A self-contained, non-residential farm on 48.5ac, situated four miles from Longford town has come onto the market.
Located at Creeve, Killoe, off the R194 between Longford and Ballinalee, the holding comes with a range of outbuildings.