Land sales flying in the midlands
Laois auctioneer Matt Dunne had a great two days in the auction room this week where he sold a total of three properties under the hammer.
A 39ac residential farm at Ballymorris, Portarlington made €552,000, a 39ac residential farm with a thatched cottage at Killellery, Geashill sold in lots making a total of €335,000 while a 73ac farm at Clonbullogue made €365,000.
First to sell was a 39ac residential farm in a variety of dispersed lots at Ballymorris, Portarlington. The land forms the estate of the late Tommy McDonnell.
The residential part of the holding includes a four-bedroom bungalow in need of attention and modernisation along with a garage on 1.5ac. This opened at €120,000 and was bid to €180,000.
A 4.8ac grass field with extensive road frontage adjoining the first lot opened at €20,000 and was bid to €30,000, while a similar lot of 4.23ac with road frontage and lane frontage opened at €25,000 and was bid to €57,000.
A 3.3ac field known as Kearney's Lough, with extensive road frontage, was bid to €40,000.
The original farmyard on 12.2ac opened at €100,000 and was bid to €120,000 while 5.5ac on the Canal Road opened at €50,000 and was bid to €81,000. The final two lots were then added together and were bid to €243,000. This made a total of €550,000
When the entire went to auction it drew the attention of three bidders and sold for €552,000 to a local farmer.