Coole 250ac farm expected to reach €1.8m at auction
Some of the larger farms coming on the market at the moment are located in Co Westmeath. Among these is a 251ac residential farm at Ballynameagh, Coole.
The grassland farm is coming to auction in its entirety or in lots with a guide price of €1.8m, or more than €7,000/ac.
Located between Castlepollard and Coole, the farm is divided by a public road, with the house and 60ac on one side and the remaining 191ac on the other.
The River Glore flows through the farm.
The residence suffered fire damage and, according to joint auctioneer Paddy Murray of Murray Auctioneers, Castlepollard, it will require considerable renovation.
Traditionally the farm was known as one of the best-run enterprises in the county and has been rented for a number of years during which time it was farmed for drystock.
The beneficiaries of the estate of the late owner are offering the property for sale.
According to Mr Murray the land is excellent ground with the best located around the house, with about 10ac near the river needing attention.