Farm Ireland
Independent.ie

Saturday 17 November 2018

Carlow tillage land sells for €7,500 plus per acre

Stock Image.
Stock Image.
Jim O'Brien

Jim O'Brien

An 80ac portion of a 115ac farm near the village of Clonegal in Co Carlow sold after auction last week while the remaining 35ac section is under active negotiation.

The 80ac portion was with­drawn at €560,000 and sold immediately afterwards for a figure believed to be between €600,000 and €650,000. A 35ac parcel of poorer ground was withdrawn at €250,000.

Located 3km from Clon­egal, 10km from Ardattin, 10km south of Tullow and 10k from Bunclody the farm has extensive road frontage along the Clonegal/Ardattin road.

The ground is in a mix­ture of grass and tillage and includes a yard with a range of sheds and a derelict farm­house. The holding is divided into the two lots by the public road and thus has plenty of road frontage.

The parcel of 80ac with the farm buildings is located at one side , while 35ac is located across the road in the towns­land of Ballyredmond. The farmland has around 2.5km of frontage onto three roads.

The land with the 80ac portion is laid out in a series of large fields and is all in grass and includes about 10 to 12ac of woodland and scrub that could do with attention.

There are extensive farm buildings and an older stone-built barn with cattle han­dling facilities.

The property also includes an old derelict farm residence. Planning permission for a separate entrance and a sep­tic tank was granted for the house but this has expired.

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At auction this portion opened when auctioneer David Quinn accepted a bid of €450,000.

With two customers in ac­tion bidding continued to €560,000 where it held. It sold immediately after auc­tion to an adjoining farmer for a higher sum.

The 35ac piece across the public road from the main farm is primarily grass with one field in tillage. The por­tion is steeper in gradient than the 80ac piece and has three to four acres in scrub and woodland. The farm has commonage timber rights to a 32ac wood adjacent to the 35ac parcel.

At auction this opened at €200,000 and was bid to €250,000 before it was with­drawn. Active negotiations are ongoing.

LIMERICK AUCTION

Killarney auctioneer, Tom Spillane crossed the border into Limerick to handle the sale of a 72ac non-residential farm at Cloghaviller, Herbert­stown in the east of the county.

Located 1km from Herbert­stown the farm is made up of what is described as top quality limestone lands. The holding has extensive road frontage on to two roads and is laid out in a series of seven manageable fields.

Buildings with the proper­ty include a derelict, stone-cut farmhouse and outbuild­ings.

The bidding opened at €600,000 and with five bid­ders in the chase matters moved quickly and nine bids brought the price on offer to €720,000.

A recess was called to con­sult with the vendors and when proceedings resumed the farm was put on the mar­ket.

After 18 further bids the property sold under the ham­mer at €920,000 or close to €12,800/ac.

“This represents above the average price per acre for land in this area, but reflects the excellent quality and condition of the land in the heart of the Golden Vale and the huge demand shown for it,” said Mr Spillane.

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