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Land flying in real and online auctions

Wexford auction moved to mart to accommodate crowds

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Strong bidding: A 113ac dairy farm at Ballintombay near Rathdrum sold in lots at auction and made €1.01m or almost €9,000/ac.

Strong bidding: A 113ac dairy farm at Ballintombay near Rathdrum sold in lots at auction and made €1.01m or almost €9,000/ac.

Strong bidding: A 113ac dairy farm at Ballintombay near Rathdrum sold in lots at auction and made €1.01m or almost €9,000/ac.

Despite the lockdown, the real and virtual auction rooms are buzzing with sales, while social distancing issues are causing auctioneers to think on their feet and make last-minute changes to arrangements.

In the southeast, such was the crowd that showed up for an auction at the Carnew offices of Quinn Property, auctioneer David Quinn had to relocate the event to the ring at the adjacent mart in order to comply with social distancing .

The ensuing auction did not disappoint when a 77ac non-residential holding at Ballyorley Lower, near Ferns in Co Wexford, sold as an entire under the hammer for €1.12m or over €14,500/ac.

The property is laid out in equal parcels of grass and tillage. It was once a dairy farm and much of the basic infrastructure is still intact.

At auction the lots, comprising the yard and 47ac with a 30ac parcel accessed from a laneway, were bid to a combined €810,000.

Attention then switched to the entire and with two keen bidders in contention it went on the market at €850,000 and continued strongly until the hammer fell at €1.12m when it sold to an adjoining dairy farmer.

David Quinn said the price paid substantially exceeded the guide of €10,000/ac or €770,000.

 

Dairy men buy Wicklow farm

In Co Wicklow, dairy farmers were in action again when a 113ac dairy farm at Ballintombay near Rathdrum sold at auction, making €1.01m or almost €9,000/ac. The holding comes with €8,288 in entitlements, a wide range of farm facilities and lands that include a former golf course and over 5ac in forestry.

A far larger crowd than expected turned up for the auction at the Glenmalure Lodge Hotel conducted by Pat O’Neill of O’Neill Flanagan.

The holding was offered as an entire and in lots, with the lots winning the day.

The first parcel comprising 30ac and the yard was bought by a Wexford dairy farmer for €350,000. The second made up of 39.5ac including the forestry was bought by the same buyer for €300,000. He also went on to buy the 33ac former golf course for €250,000.

An 11ac section close to the yard with frontage on to two roads was bought by the adjoining dairy farmer for €110,000.

 

Meath online sale

An online sale conducted by Aidan Heffernan of Sherry FitzGerald Royal saw an 11ac roadside property with a derelict cottage at Gillstown, Athboy make €202,000 or over €18,000/ac, well in excess of its guide of €150,000.

Located 4km from Athboy on the Kells road, the land is of mixed quality and the house is in need of complete refurbishment.

It attracted 70 enquiries and while nine people registered to bid in the online sale, five bidders took an active part when proceedings got under way at €140,000.

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The auction moved swiftly in a variety of bids and two contestants were still in the ring before a final bid of €202,000 clinched the deal for a local buyer.


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