'Fine' Cork dairy farm sells for €10,800/ac
In an auction that saw a late bidder win the day, a 115ac residential dairy farm at Meelin near Newmarket in north Cork sold under the hammer for €1.25m.
The holding, which was sold with a milk quota of 378,059 litres, made more than €10,800/ac.
Located at Meenishall, Meelin, the farm is 9km Newmarket and described as a fine property, with a modern home and substantial, modern farming facilities.
It has a Single Farm Payment worth €14,886 (45.03 standard entitlements with a value of €330.60 each) and a Disadvantaged Areas Scheme payment of €2,879 per annum.
The property includes around 115ac of grassland all in one block within grazing distance of the farmyard and milking parlour.
According to Julie Roche of selling agents Brady Group, the holding is a dry, grazing farm set in rolling countryside divided into fenced paddocks that are well serviced by farm roadways.
The yard has an extensive range of farm buildings in excellent condition.
These include a nine-unit milking parlour, a cubicle shed with space for 80 animals, a five-bay slatted shed with single slats, a 60ft by 35ft calf shed, a machinery store measuring 80ft by 30ft, a silage pit and a slatted slurry storage unit with 667 cubic metres capacity.