Major development potential drives farming pioneer’s holding on outskirts of Ashbourne to €30,000ac
Killegland farm on 241ac on the outskirts of Ashbourne in south Meath was home place to one of the legends of modern Irish farming, John Mooney.
In a private treaty ‘best bids’ sale it is believed to have made in the region of €30,000/ac, or €7.2 million.
One of the founding fathers of the Irish Farmers Journal and the Agricultural Trust Mr Mooney was a leading light in Irish farming in the second half of the last century.
A pioneer and an innovator, he was involved in the introduction of Charolais cattle to the country and one of the first to use CCTV for observing stock, especially at calving time.
His farm at Killegland comes with a substantial six-bedroom house extending to 3,500 sq ft with a mews attached.
The farm buildings are dated and over-grown but the house was lived in up to relatively recently. While habitable, it could do with refurbishment.
According to Philip Byrne of Coonans the 241ac is made up of prime, free-draining land that has been farmed on a leased basis in recent years.
It is laid out in 13 fields, of which 11 are farmed for tillage, with two in grass.
The farm includes a piece of rougher ground separated from the rest by the public road.
Located just south of Ashbourne, the M2 and R125 run adjacent to the holding while it bounds residential developments on another side.
Although not currently zoned for development, given its position on the development boundary of Ashbourne, it appears to have significant future development prospects.
The farm was purchased on behalf of an Irish investor represented by Paul Grimes of REA Grimes.
Philip Byrne said: “There was huge interest in this property from both Irish and international investors due to its obvious future development potential. The buyers were successful in a ‘best bids’ process earlier in the year and we wish them the best of luck with the purchase.”
A 41ac residential holding with a dwelling in need of repair at Ballyduff, Moyne in Co Tipperary sold at online auction last week making €595,000, while an adjacent residential holding on 6.6ac guided at €85,000 was withdrawn.
Within 5km of the villages of Lisheen, Moyne and Templetuohy, the lands are close to the M7 and M8 and within striking distance of Thurles, Templemore and Urlingford.
The 41ac parcel is currently in tillage and laid out in eight fields with about 650m of road frontage. The dwelling is in need of repair while a yard includes a range of outbuildings and a slatted shed.
According to James Meagher of auctioneers Knight Frank, the prime lands would suit dairy, bloodstock or tillage.
At an online auction on the Offr platform, four registered bidders took the fray when proceedings opened at the guide of €495,000.
A local farmer won the day when the virtual gavel fell in his favour at €595,000.
According to Mr Meagher the lands formed part of the wider Lisheen Mine landholding, which Knight Frank are instructed to sell.
There are further parcels of agricultural lands on the site due to be offered soon and interested parties are invited to register