Farm Ireland
Independent.ie

Friday 23 February 2018

298ac with quota to test dairy market

PICTURE PERFECT: Graigue House and its 298ac of prime agricultural farmland is located between Mallow, Mitchelstown and Fermoy, Co Cork
PICTURE PERFECT: Graigue House and its 298ac of prime agricultural farmland is located between Mallow, Mitchelstown and Fermoy, Co Cork

Jim O’Brien

If you were to draw up a profile of the ideal property for the current agricultural market, you need not look beyond a 298ac residential farm at Shanballymore, Co Cork.

Built around an imposing period residence, the farm is primarily under tillage but has a strong grassland component and a milk quota of almost 40,000 gallons or 100,000 litres. The property comes with a guide price of €2.5m.

Describing the location of the farm, Michael O'Donovan of Sherry FitzGerald O'Donovan, Mallow draws an imaginary triangle connecting the county towns of Mallow, Mitchelstown and Fermoy.

"The farm at Shanballymore is right in the middle of that triangle," he explains.

"It is 12 miles from Mallow, 10 miles from Mitchelstown and 12 miles from Fermoy."

The residence and lands were originally the property of the Comber family and were sold to a development company some years ago.

The company leased the lands to two local farmers but the property is now back on the market.

The house is a two-storey over basement period house in good condition but in need of some refurbishment.

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The ground floor accommodation includes an entrance hall serving two large reception rooms with many original features, together with a kitchen, guest shower room and six bedrooms over two floors.

Like all traditional country residences, Graigue House has a courtyard to the rear that includes a garage, a range of loose boxes, a tack room, feed house and storehouses.

Immediately behind the courtyard is the main farmyard.

This has two large machinery sheds, an old milking parlour and a covered silage pit with a lean-to shed attached.

The farm buildings are in relatively good condition but are dated and need modernisation.

Close to 193ac are situated around the house at Graigue and Waterdyke, while a further 105ac are located 0.5miles away at Ballintlea South.

The 193ac near the house are described as prime agricultural lands, of which about 150ac are in tillage, with the remainder in permanent pasture.

The lands are in excellent heart, having been well farmed over the years and laid out in easily worked divisions with minimal waste.

The holding has excellent road frontage, with 40ac fronting on to the main road and other parcels on to a byroad.

The rear entrance to the farmyard is off such a by-road.

The lands at Ballintlea South are in one compact block. Some 60ac are under tillage, 25ac are under permanent pasture and the remaining 20ac is suitable for reclamation or planting.

The lands are level and in good heart. Bounded by the Ogeen River on one side, they are for the most part of good arable quality suited to either tillage or grassland farming.

Given the quality of the farm and the hunger for land in this part of Cork for dairying, it is little wonder that Michael O'Donovan is excited at the sale of this property.

However, the owners have resisted the temptation to go to public auction and the farm is being offered for sale by private treaty.

Irish Independent