Farm Ireland

Thursday 26 April 2018

A real battle for Jerusalem

A 76ac former dairy farm at Jerusalem, Co Carlow, looks set to return to the dairy industry after it was withdrawn from auction at Kilkea Castle and Golf Club, Castledermot, last Tuesday. The highest bidder, a local dairy farmer, is in negotiations to conclude a deal.

The farm, located four miles from Kilkea, three miles from Carlow and eight from Athy attracted a lot of attention along the Kildare/Carlow border.

Although once a dairy farm, the holding had been in tillage in recent times but it is now reseeded in new pasture. Complete with a range of sheds and an unused milking parlour, it was sure to be of interest to both cowmen and ploughmen.

A crowd of around 30 turned up to see auctioneer Michael Lyng open the bidding at €500,000. Two local dairy farmers, one from Kildare and one from Carlow, were the only bidders and chased one another in bids of €10,000 until a bid from the Carlow man took the price to €700,000. At that point the property was withdrawn and negotiations were opened with the highest bidder.

Mr Lyng is hoping for an early sale. "We are in negotiation and the price on offer isn't far from the guide. We were hoping for €8,000 to €10,000/ac and, all going well, we will make the upper end of the guide."

The auctioneer was happy with the way the auction went.

"This is an agricultural price for agricultural land, it's realistic for people who want to make a living off it. The day of the millions is gone," he said.

Jim O'Brien

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Irish Independent