'A nice, quiet spot' in Tipp
A compact residential farm near Nenagh could fetch up to €12,000/ac when it goes to auction
Tipperary is festooned with flags - every available post and pillar has the blue and gold fluttering proudly after the recent double win in the All Ireland hurling finals.
One of my outings last week took me to the northern part of the Premier County near the outskirts of Nenagh and a lovely compact 50ac residential farm at Ballygasheen, Ballinaclough - 3km from the North Tipp town. Located off the Thurles road, the land was farmed by a brother and sister, now deceased. A long avenue leads to the cottage at the centre of the farm, while to the left is a big field divided in paddocks and in good heart. The holding is rented by a dairy farmer who is looking after it with great care. A fine sward of rich, green grass covers the land, paddocked by electric fences and all supplied with water.
Three of the fields, extending to a total of 34ac, are top class and in excellent condition while a 4ac patch is in need of reclamation from rushes and other vegetation. There are two further fields totalling 12ac, described as "middling land". However, with some drainage and reseeding works, they could be brought to the level of the better fields.
The lands are all in one block and have excellent road frontage, mains water and electricity. Selling agent Eoin Dillon of REA is guiding the sale at €495,000. "The 34ac are worth about €12,000/ac, the 10ac about €6,000/ac, while the 4ac should make around €4,000/ac," he said.
The two-bedroom cottage measuring 758 sq ft is at the centre of the holding and includes an entrance hall, a kitchen/living area with a modern stove, two small bedrooms and a sitting room that was converted to a bedroom in latter years with an ensuite wet-room attached.
The house is "a long way in from the road" and needs modernisation. According to Mr Dillon, there is much interest in the house from people who know the area and are interested in a "nice, quiet spot". There are some old stone outbuildings beside the house.
The place comes with no single farm payment and the auctioneer understands that a small section of the lands may be designated as a wildlife habitat and should attract a top-up payment under the AEOS scheme. Vacant possession of the lands will be available from December 31, 2016.
The property will be sold at public auction at the Ormond Hotel, Nenagh at 3pm on October 20.