Farm Ireland

Wednesday 13 December 2017

130ac Naas farm sells in lots for €1m

Jim O'Brien

Jim O'Brien

A farm extending to 130ac at Dowdenstown, Ballymore Eustace was sold in a number of lots recently for a total of around €1m.

Located 4km north of Ballymore Eustace and 6km south of Naas, the farm is currently in grass with approximately 10ac fronting on to two roads and a disused quarry of 6ac.

A block of 120ac is laid out in eight divisions and fenced with traditional hedgerow, while the smaller 10ac parcel is in two divisions. Basic farm buildings include three hay barns and some stone offices.

Evan Lonergan of Knight Frank offered the farm for sale in lots. The first was 11ac in size, while the second comprised 44ac.

Lot three extended to 50ac and lot four was a parcel of 25ac. Only the 50ac lot sold under the hammer to a local farmer for €460,000. Deals were done for the remaining lots after the auction with local farmers for prices believed to be in the region of €8,000/ac.

Meanwhile, a 30ac farm at Monknewstown, Slane in Co Meath was withdrawn from auction last week and is for sale by private treaty with a guide price of €250,000.

Described by auctioneer John Harrington as prime land, the farm is laid out in six fields and located in the scenic Boyne Valley on the Meath/Louth border. The block comes with 130m of frontage on to a local road and 150m on to a lane.

Mr Harrington is hopeful the interest generated by the auction will lead to its sale in the immediate future.

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Closer to Navan, Smith Harrington auctioneers are handling the sale of a 9.6ac parcel of ground at Rathcoon, Kilberry, which comes to auction with a guide price of €100,000.

Located 6.5km from Navan, the land is in one field and comes with 88m of road frontage. It is currently in grass and is described by auctioneer John Harrington as top quality ground with no waste. "It could be sown or mown to the ditch," according to Mr Harrington.

With the requisite planning permission, the elevated ground could also have site potential, particularly for local housing.

The field will be sold at auction at the Smith Harrington salesrooms, Navan at 3pm on Tuesday, November 26.

Irish Independent

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