Substantial Wexford holding makes €10,700/ac
Published 07/11/2012 | 06:00
All but five acres of a 75ac residential tillage farm located at Oulart, Co Wexford, sold at auction last week for a total of €750,000 or €10,700/ac.
The farm is situated 3km off the main Gorey to Wexford Road (R741) and within a stone's throw of the village of Oulart.
Local auctioneer David Quinn describes the land as excellent free-draining ground. Close to 56ac are currently in tillage and the remainder in permanent pasture.
A three-bedroom bungalow residence on the farm is in good condition, with accommodation that includes a living room, a kitchen and dining area, a utility room, three bedrooms and a bathroom.
Adjacent to the residence is a two-bay shed. The farmyard includes a concrete yard, a derelict farmhouse and a range of sheds.
There is also a lofted shed and a range of loose sheds.
The farm was offered for sale in a variety of lots. Lot 1, comprising 6.5ac of land, was sold to a local farmer for €67,000, while the same farmer bought Lot 3, a 6.8ac parcel, for €71,000. Lot 2, a 7.1ac parcel, was bought by another local person for €77,000.