53ac Galway farm sparks bidding war
THE recent auction of a 53ac residential farm in south Galway drew a big audience as three bidders fought it out for a holding described by auctioneer Colm Farrell as "the nicest little farm in the county".
The property at Kilmona, North Ardrahan came to auction with a guide price of €450,000 and bidding opened at €380,000 and increased in increments of €5,000 before it was placed on the market at €420,000.
Two bidders remained and the property was sold for €435,000 to a man who lives near Galway city and is expanding his family's farming interests.
Located three miles off the N18, close to Labane and Ardrahan and adjacent to the Tulira Estate, the farm is typical of the holdings in the area with neat, hand built stone walls enclosing a patchwork of fields dotted with mature trees.
The ground is made up of free draining limestone soil and was grazed until recently.
The holding was worked with great care by a bachelor farmer, now deceased, renowned in the area for rearing high quality lamb.
Auctioneer Colm Farrell says the auction was also followed by a successful sale of farm implements and machinery from the holding.