Wee holding has plenty going for it
Published 29/07/2015 | 02:30
The exchange rate with sterling is not the only selling point when it comes to land along the border - the quality of the land itself is also a significant pull factor.
A 45ac farm at Mount Matthews, Carracloghan, Hackballscross between Castleblayney and Dundalk is expected to command in excess of €10,000/ac as the offers come in over the next few weeks.
Auctioneer Ray Fee of Fee and Associates has set Friday, July 31 as the closing date for receipt of offers.
The farm is located off the Dundalk to Castleblayney road and is laid out all in one block and comes with 5ac of commonage.
It is accessed from a laneway via two separate entrances. The property is in permanent pasture and comes with a well-equipped farmyard.
Mr Fee describes it as "some of the best quality land in Co Louth with obvious potential for future capital appreciation.
"Rarely does such a compact tract of land of this size and in this location come to the market."