Farm Ireland
Independent.ie

Tuesday 17 October 2017

Post-auction sale for 24ac Fingal holding

Jim O'Brien

Jim O'Brien

A 24ac plot of land located at Ballmadun, Fingal, near Ashbourne was withdrawn from auction last week at €300,000 and sold later for a higher figure to the highest bidder.

The property had 100m of road frontage and an 8ac portion was zoned for a residential care centre.

A further 4ac section was zoned for infill development, with the remaining 12ac zoned as farmland.

Phillip Byrne of REA Coonan's Maynooth described the land as excellent quality free-draining ground that was in stubble at the moment.

Running

The bidding opened at €250,000 and, with three bidders in the running, offers reached €300,000.

As no further bids were forthcoming the property was withdrawn and was sold later for a higher sum.

Meanwhile, 20ac at Baldonnel Little, Rathcoole, Co Dublin was sold under the hammer for a handsome €15,000/ac.

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The holding was described by Willie Coonan as superb land, all in grass and with extensive road frontage.

Bidding opened at €250,000 and with three bidders in the chase the property went on the market at €300,000 and sold at that price to a local farmer.

Limerick

There was no closure at the recent auction of a 31.31ac parcel of ground located at Newtownhill, Clarina, Co Limerick.

The property was withdrawn at €200,000.

Located about five miles from Limerick city, on the road to Listowel, the property is comprised of upland grazing and some heavier corcass land.

Situated at the end of a boreen, the farm is laid out in four fields and includes a double-bay slatted shed with accommodation for up to 20 cattle.

Bidding for the property opened at €140,000 and with three bidders in action the price moved to €200,000 before the auction stalled and the property was withdrawn.

Negotiations are ongoing with the highest bidder and while auctioneer John de Courcy has an offer of €220,000 on board he is holding out for a more substantial offer closer to 'a negotiable' €250,000.

Indo Farming

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