Farm Ireland
Independent.ie

Friday 20 July 2018

Receiver puts €5.5m worth of Offaly farmland up for sale

Margaret Donnelly

Margaret Donnelly

Some 742 acres of land in Offaly is currently for sale, with lots of up to 190 acres, on the instruction of a receiver and is guiding at €5.5m.

The land is being sold by a receiver and the land is for sale by Lisney and is being offered for sale in 10 different lots, varying in size from 10 acres to 190 acres, and is located predominately around Rhode and Geashill.

Farm Land Approx 76.89 Hectares (190 Acres) at Rhode, Co. Offaly. Image Lisney
Farm Land Approx 76.89 Hectares (190 Acres) at Rhode, Co. Offaly. Image Lisney

The largest block of land, 190 acres just 2.5km north of Rhode village is being guided at €1.4m. The lands have been used for tillage in recent years and there are no farm buildings on the land.

Another large block, of 152 acres located at Durrow Village, near Tullamore, has a guide price of €1.4m for what is described as mainly tillage land.

According to the auctioneers, the lands are in good condition and have been used for tillage purposes in the recent past.

There is a two-storey residence in reasonable condition with a gross external area of approximately 90sq m and which is centrally situated on the lands, along with a number of outbuildings.

Another four lots, near Geashill, include 60.4 acres at Ballycrystal, which has a guide price of €550,000, while another 36 acres at Ballykeane, Geashill is being guided at €275,000. A further 66 acres at Ballintogher is being guided at €575,000, while 48.5 acres at Ballintogher is being guided at €325,000.

Another parcel of 89 acres at Cushina, Walsh Island is being guided at €220,000, while 78 acres of land at Geashill has a guide price of €495,000.

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Residential Farm of 61.5 Hectares (152 Acres) at Ballynamona, Durrow, Tullamore, Co. Offaly. Image: Lisney
Residential Farm of 61.5 Hectares (152 Acres) at Ballynamona, Durrow, Tullamore, Co. Offaly. Image: Lisney

The 78 acres is described as quality grasslands located in the townland of Ballyduff South, approximately 3km north of Geashill and 1km south of Ballinagar.

There are no residential dwellings on the site and we understand it has been in use for agricultural purposes, the auctioneer says.

A further 12 acres and 10 acres in Geashill village are being guided at €140,000 and €120,000 respectively.

All the land is for sale by private treaty under the instruction of Declan Taite, Duff & Phelps.


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