Figures for Kerry farm add up for accountant
An accountant was the highest bidder on a 122.6ac residential farm at Knocknacaheragh, Kilmorna, near Listowel, Co Kerry.
The gentleman, acting for a client, bought the farm after auction for a figure in excess of his final bid of €380,000. The sale had been guided by Real Estate Alliance North's at €400,000.
Auctioneer Eddie Barrett said the farm comprised around 60ac of low-lying cutaway bog, suitable for planting, and more than 60ac of elevated land that suffered from overgrazing and needed attention.
The former owner, the late Daniel Relihan, had spent the last number of years in a nursing home and the farm had been let during that time.
The residence with the property is an old single-storey farmhouse in need of complete refurbishment.
Mr Barrett said a range of century-old outbuildings were of little consequence. However, the farm came with entitlements to the value of €9,800 and had the added attraction of 650m of road frontage.
There was a full house for the auction at the Listowel Arms Hotel and two bidders indicated interest when Mr Barrett opened proceedings at €300,000.
In bids of €10,000 the amount on offer soon came to €380,000 and the property was withdrawn.