Top class Leinster farm sells for €1.3m
The auction season is in full swing with parcels big and small selling under the hammer across the country.
In Kilkenny, Ger Walsh of Walter Walsh auctioneers sold a 117ac farm in three lots making a total of €1.32m, averaging €11,282/ac, while a 12.5ac parcel of tillage made €16,400/ac.
Located off the Dublin to Waterford Road, the holding is 4km from Thomastown, 4km from Ballyhale and includes a derelict house on land that has been let in conacre for two decades or more.
Mr Walsh says the place is made up of mainly top class grazing ground with a smaller portion in tillage and some low-lying land to the rear of the farm.
A parcel of 57.72ac of grassland opened at €350,000 with four bidders in action. After two rounds of bidding, it went on the market at €550,000 and sold for €565,000 to a man who has bought other land in the area recently.
A 46.75ac lot made up of grazing ground and including the old farmhouse and outbuildings opened at €300,000 and saw two bidders in action during two rounds of bidding.
The parcel went on the market at €460,000 and sold to the purchaser of the previous lot for €550,000.
The last parcel, a tillage field of 12.5ac described by the auctioneer as top class ground, opened at €130,000 and held after one bid.