Six Faithful lots provide many options for buyers
Published 29/02/2012 | 06:00
There is a veritable stream of larger farms coming on the market in the midlands these days and the sale of a 129ac residential farm at Broughal, Kilcormac, Co Offaly, is the second such substantial holding to be ready for the auction room in the Faithful County next month.
The property will be sold in six lots, making it attractive to a wide range of customers.
Auctioneer John Mollin, of Mollin Estates in Tullamore, is hoping the overall sale price will average €6,500-7,000/ac.
The farm is located two miles from the Offaly village of Kilcormac, on the Tullamore to Cloghan road. It is a mixture of good ground and average land.
"It has been let for a number of years and could do with some attention but it's good land nonetheless," Mr Mollin said.
The first lot consists of an old single-storey residence and yard on almost 43ac with 500m of road frontage. The residence hasn't been lived in for many years and needs renovation, while the yard is the traditional kind with a two-column haybarn and double lean-to.
There is mains water and electricity laid on. Half of the land is of good quality, while the other half worsens as it moves away from the road, the auctioneer said.
Lot two comprises a semi-derelict two-storey residence on 1.29ac. The house has access to its own well and water mains and is in need of total renovation.