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Independent.ie

Monday 18 December 2017

The 120ac Mayo farm that could hit the million mark at auction

120ac holding near Ballyhaunis has €17,000 annual entitlements

Jim O'Brien

Jim O'Brien

A number of significant auctions are planned throughout the country this week.

Among them is one of the largest properties to come on the market in Co Mayo for some time and this will be sold at auction in Galway this evening (Tuesday, July 5).

The 120ac farm, for sale on the owner's instructions, comes with an unfinished five-bed detached residence. Located at Island, Ballyhaunis, Co Mayo the holding is being guided at €950,000.

The property is well situated and is located just 3.5km from Ballyhaunis town centre and within easy reach of Claremorris, Knock and West International Airport and easily accessible.

The house, which can be sold separate to the land, is at second fix stage and enjoys panoramic views of the surrounding countryside including Annagh Lake.

Extending to 3,500sqft the dwelling has triple glazed windows throughout, geothermal heating and hallowcare floor and staircase. The fireplaces are built with natural stone and all bedrooms have ensuite facilities.

A portion of 94ac is top quality grazing lands, which is well fenced with water laid on.

Described as undulating throughout the lands are said to have good sand and gravel deposits.

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There is a wide range of top class agricultural buildings on the farm including a six-bay double slatted unit with calf creep, a four-bay dry bedded shed, which are two bay deep, a calving box and four bays for straw storage which can hold up to three artic loads.

The yard also has two silage concrete slabs, a 30 tonne meal storage bin and a seven-bay double shed with covered slats.

Overall the yard is laid out to provide 22 covered bays and two uncovered bays giving a total of 24 bays.

Entitlements

Given the infrastructure, including an internal roadway, the farm is suitable for dairying and can accommodate up to 250 cows.

A further 17ac of agricultural land running into the old Annagh lakes receives a payment of €2,879 per annum under the Area of National Conservation. The land entitlements amount to €14,065.86 giving a total payment of €16,963.56 per year.

In a sale handled by the Connacht Property Auction in partnership with John Higgins Auctioneers, Ballyhaunis the auction takes place this evening, Tuesday, July 4 at the Menlo Park Hotel, Galway at 7pm. Registration to bid is at 6.30pm.


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