Forestry opportunities in the Garden County
Those with pension investment worries and a few bob to spend could do worse than look at the possibilities offered by a 300ac hill farm at Carrigacurra near Valleymount in Co Wicklow.
Set in a mix of forestry and grazing the private treaty sale of the holding is guided by JP&M Doyle at €435,000.
Located about 3.6km from Valleymount and 13.6km from Blessington the property comprises 100ac of forestry that is 20 years old and mainly in Sitka Spruce. The remaining 200ac are made up of mainly hill grazing and mountain. The property is accessed by a shared laneway.
While there are no premiums remaining on the forestry the thinnings could realise an occasional income, while big money could be made in 15-20 years from now when the plantation comes to full maturity and could realise up to €6,000-8,000/ac on felling.
As a long-term investment it may not be a bad punt at all. The other part of the property is made up of 200ac of rough mountain ground suitable for grazing.
There is a possibility that the property could be bought in two separate lots but Paul Doyle was reluctant to give a guide on the lots.
Manor Kilbride forestry
Staying in Wicklow the same auctioneer is handling the sale of a 98ac farm that comes with a hill grazing rights to 3,471ac of mountain split three ways at Athdown, Manor Kilbride.