Farming

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Big potential for €1.25m in dairy heartland

A 166ac residential holding, with some forestry at Ballyagran near Kilmallock, is back on the market with a guide of €1.25m. Subject of an executor sale handled by GVM Kilmallock, the property is for sale by private treaty and comes with payments of €7,269.

Offers on the property must reach the GVM offices at Kilmallock by 3pm on Wednesday, February 26.

Located in south Limerick, the farm is 16km west of Kilmallock and 10km north of Charleville at the heart of Limerick dairy country.

Made up mainly of good grazing ground, with significant sand and gravel deposits under the sod, the place is laid out in up to 16 fields and has plenty of road frontage.

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A 24ac portion is in mature forestry, with some premiums left, while 142ac is in permanent pasture. An avenue leading from the road to the house serves as an internal roadway.

The two-storey farmhouse on the property is structurally sound and, while fitted with PVC windows and central heating, is in need of some modernisation.

The accommodation includes a porch, entrance hall, sitting room, kitchen/dining area, back kitchen and guest WC. Upstairs are three bedrooms and a bathroom. A wide range of farm buildings in the yard are dated, but useful. They include two three-column round-roofed sheds covering silage pits, with lean-tos at either side, containing 48 cubicle spaces. There is also an open slurry pit, a five-column hay barn with lean-to, a cow house, an old milking parlour, a cattle crush and a range of ancillary out-offices.

Services include a mains water supply and a private well.

The holding can be bought in lots or as an entire. The first lot has good road frontage and comprises 85ac of land, along with the residence and farm buildings. The second lot is made up of 81ac of land with some road frontage, while the final lot is made up of the entire.

This was once a dairy holding and could be revived to once again produce milk. The infrastructural changes required would be very manageable.

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