Farm Ireland
Independent.ie

Thursday 24 May 2018

Dairy farmers about to cut loose on land after CAP reform

Jim O’Brien

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.

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The holding, located about five miles from Cork and 2.5 miles from Blarney, comes with road frontage at three points.

The land is laid out in good sized fields all in grass. While in good heart, Mr Fleming remarked that it could do with some attention. The property, which has been leased for quite a few years, is located in a good tillage and dairy area.

POTENTIAL

The residence is a traditional three bedroom bungalow farmhouse in perfectly habitable condition. While it is occupied by tenants at present, it could do with some modernisation and decoration. The farmyard is a traditional type and includes a haybarn, lean-to and a variety of stone outbuildings.

Mr Fleming believes the location of this farm is one of its major assets.

"It has commercial as well as farming potential being located just off the N20 and so close to the city. It's an ideal spot for a storage and distribution business," he said.

The property is for sale by private treaty and can be sold in one or more lots.

Irish Independent