Farm Ireland

Saturday 24 February 2018

80ac Maynooth farm proves a hit at auction at €12,250/ac

Jim O'Brien

Jim O'Brien

An 80ac farm located at Carton, Maynooth, Co Kildare, situated between the renowned stud farms of Ballymacoll and Owenstown, sold at auction last week for a figure between €12,225 and €12,250/ac.

Andrew Nolan of Goff's described the ground as the best of limestone land, dry and free draining. The site is laid out in seven divisions, separated by stud rail fences.

The farm was offered in lots of 36ac and 44ac respectively but there was no interest. However, bidding was brisk when the property was offered in the entire. Three bidders entered the fray when the auction opened at €650,000.

The auction flew along at first but stalled at €950,000, at which point the property was withdrawn. After a short consultation it was bought for a higher figure by well known bloodstock consultant Bobby Bryan, who was acting for a client.

Meanwhile, a guide price of €5,000/ac is being quoted for a 230ac residential farm at Newtowncashel, Co Longford. It includes a 30ac lake that is a special area of conservation and a farmhouse in need of work.

The executor sale will involve the property being offered in lots. Lot one comprises the house on 140ac, while lot two extends to 56ac. These two may be sold together, while a 24.5ac section and 6.5ac will be sold separately. The auction will take place at the Longford Arms Hotel at 3pm on Friday, November 9.

Meanwhile, a 45ac holding with the remains of an old stone cottage and a disused stable yard at Calliaghstown Upper, Rathcoole, Co Dublin has a guide price of €8,000/ac.

Phillip Byrne, of selling agents REA Coonans, describes it as an ideal place for a new residence, subject to planning permission.

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