Plenty of options in the Limerick land market
Published 22/04/2015 | 02:30
APPROXIMATELY €7.5m worth of farmland in Co Limerick is up for auction with GVM auctioneers over the next number of weeks.
First up is a 53ac farm with lake frontage at Newtown, Pallaskenry. This comes to auction with a guide price of €400,000 or €7,500/ac.
Located about 20km west of Limerick City off the N69, the farm has extensive frontage on to a local lake. The land is of mixed quality with some low-lying ground under reeds, but the major part is made up of decent grazing ground. The farm is laid out in about 10 fields with traditional fencing.
There is a derelict house and some older farm buildings with the property which will be sold at auction at GVM's Limerick offices at 3pm on Thursday, May 7.
One of the more prominent farms on the forthcoming auction list is an 82ac holding at Toberyquin, Ballyneety. Described by auctioneer Tom Crosse as a "smashing piece of ground" the place is guided at €10,000/ac.
Located on the outskirts of Limerick city, the farm is made up of elevated limestone ground that commands excellent views.
The holding is divided into 11 fields that are in great heart with a central roadway running through them. There are good fences along all the boundaries, while the internal fencing is mainly of traditional hedgerows.
A two-storey dwelling on the farm needs renovation as do the the range of traditional out-buildings.