Farm Ireland

Friday 15 December 2017

Kilbrennal House withdrawn from auction

Jim O'Brien

Jim O'Brien

Kilbrennal House, a residential stud farm extending to 85ac in south Tipperary, was withdrawn from auction just before Christmas after being bid to €700,000.

Post-auction negotiations are believed to be progressing well, with €1m believed to be on offer.

Located at Ballynonty, 3km from Killenaule, 10km from Cashel and 20km from Clonmel, the house and lands have been in the same family for three generations.

The current owner is retiring from farming.

The residence is a 19th century Georgian house with two reception rooms, a kitchen, four bedrooms and a bathroom.

An adjoining range of outbuildings converted in the 1990s accommodates a large lounge, a stud office, dining room and a kitchen with two bedrooms and a bathroom on the first floor. The stable yard includes 26 loose boxes, a tack room, a five-span hay barn with lean-to, a range of open stabling, a wash bay, a block-built horse walker, a lunging ring and three furlong gallops.

The house and yards are set in the apex of a triangle between two roads.

A smaller farmyard with facilities for livestock and fodder storage is situated midway along the farm with direct access to the road.

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Auctioneer Michael Boyd describes the lands as good Tipperary grassland in good heart and with decent road frontage.

Divided into nine principal divisions, the fields are fenced with traditional hedgerow and watered by mains and well water.

At the public auction two bidders showed interest when the property opened at €600,000, but after bidding reached €700,000, matters came to a halt and the farm was withdrawn.

Immediately after the auction a number of interested parties contacted the auctioneer, some with a view to buying the entire holding and others expressing an interest in portions of the property.

"We expect to close the sale in the near future," said Michael Boyd.

"We have around €1m on board and will probably do even better," he maintained.

Cillin Hill Auctioneers are joint agents in the sale.

Irish Independent