Farm Ireland

Wednesday 21 February 2018

Kildare land sells for over €15,000/ac

Jim O'Brien

Jim O'Brien

A 34ac farm at Sherlockstown, Sallins, Co Kildare sold at auction recently for €525,000 or nearly €15,500 per acre.

The property is located 2.5km from Sallins, 3.5km from Naas, and 4.5km from Clane.

The farm includes 34ac of ground with an old derelict cottage and farmyard and is in two divisions divided equally between tillage and grass.

Before an attendance of around 25 people, Paddy Jordan of Jordan Auctioneers opened proceedings with an initial offer of €200,000 and with three bidders in action it was bid to €412,000. Following a brief consultation with the vendor the property was declared on the market.

Two active bidders continued the chase up to €525,000 at which stage the property sold under the hammer to an agent acting for an undisclosed purchaser.

Speaking after the auction Clive Kavanagh of Jordans said there was great interest in the holding. "The location of the property in addition to its site potential generated extensive interest," he said.

Royal Tara sale

A 25ac residential farm at Ross near Royal Tara sold under the hammer in the last few weeks making €560,000 surpassing its guide by €80,000.

Also Read

Located beside the M3 motorway the farm consists of a redbrick, two-storey farmhouse with four bedrooms, a kitchen and two reception rooms.

The farmyard has an extensive range of housing including a 10-column slatted shed, dry bedded sheds, concrete yards and decent farming facilities. The land is all in grass and described as top quality grazing ground fenced by mature hedgerows giving excellent shelter.

On the day auctioneer Raymond Potterton opened proceedings when he accepted a bid of €430,000. With four bidders in pursuit the price rose quickly until the place went on the market at €500,000. The hammer fell at €560,000

Westmeath auction

At the same auction a 40ac non-residential farm at Martinstown, Delvin, Co Westmeath was withdrawn after being bid to €300,000.

Located 2km from Delvin the farm is described as a high, dry farm in permanent pasture with plenty of road frontage. The place is well fenced and serviced by mains water and comes with good cattle handling facilities. Negotiations to close a sale are on-going.

Indo Farming