Farm Ireland
Independent.ie

Friday 26 May 2017

Quality 75ac in Limerick

Jim O’Brien

As the auction season begins, one of the first farms to go under the hammer is a fine 75ac holding in the heart of Co Limerick.

Located near Creeve's Cross, within five miles of three west Limerick towns of Askeaton, Shanagolden and Rathkeale, the non-residential holding comes with 300m road frontage onto two country roads.

Selling agents, GVM Auctioneers, Kilmallock are bringing the farm to auction with a guide price in advance of €6,000/ac.

Limestone

According to Richard Ryan of GVM, 80 to 90pc of the land is top quality limestone grazing ground, with the remainder low lying.

It is laid out in 10 fields and while the boundary fence is in good condition, the auctioneers admit that some minor tidying and reclamation works will be needed to bring the farm back to its best.

It has a natural water supply delivered by a stream that runs through the property.

The land has been let for a number of years and the sale is taking place on the instructions of representatives of the late owner, Ms Patricia Woulfe.

There are no farm buildings but, with the proper planning permission and given the extensive road frontage, there is ample space for the development of a residence and/or a farmyard.

Attractive

According to Richard Ryan, the selling agents are very happy with the level of interest in the property from the locality and from further afield.

"The guide price of €6,000/ac is very attractive even in these times," says Richard. "Anyone with an eye for good land will see the quality in this farm."

The main farming enterprise in the area is dairying and with milk prices improving and a lot of young operators looking for land to expand, it is expected that local dairy farmers will show strong interest in the property.

The auction takes place at the Woodlands House Hotel, Adare, Co Limerick, at 3pm on Friday, March 4.

Indo Farming