Dairy farmers about to cut loose on land after CAP reform
There is much anticipation in the land market that dairy farmers are about to cut loose and start buying in advance of the reformed dairy regime envisaged under the new CAP agreement. Farms in the Cork, Limerick and Tipperary dairylands are expected to be much sought after and there is some evidence to support this expectation.
A 113ac residential grass farm situated at Caherduggan, Hazlewoood, Doneraile between the N20 and Doneraile near Twopothouse will be eyed carefully by many with plans to expand or indeed relocate. It comes to the private treaty market with a guide of €10,000/ac or €1.13million.
Selling agent Daniel Fleming explains that the farm was once the property of a cattle dealer and is now simply used for the production and sale of fodder. A crop of silage has been saved this year and the fields are all in young grass.
There is an extensive farmyard with the farm, sheds in various states of repair that were originally built for housing cattle. More recently they were used for storing fodder.
The land, which is laid out in 12 large fields, enjoys double road frontage on to the Doneraile Road giving plenty of access points to this long, narrow farm.
The house is a fine bungalow with accommodation that includes three spacious bedrooms, each with an open fire. There is also a main bathroom, dining room, lounge, kitchen and back kitchen.
Mr Fleming expects interest from far and near in the property. "We have a lot of Kerry farmers buying land in this area of late as well as dairymen coming from Limerick along with our local Cork buyers," he said.
Mr Fleming is also selling a 90ac residential holding located at Ballyvaloon, Grenagh adjacent to the N20 Cork/Mallow Road. The property is for sale by private treaty with a guide of €10,000/ac.