Farm Ireland

Wednesday 24 January 2018

Large tillage farm yours for €6,500/ac

Jim O'Brien

Jim O'Brien

Not many large tillage farms have come on the market over the past 10 months, but the sale of a 270ac holding in Kildare should give a good indication of price levels.

Nurney Demense includes a farmhouse in need of renovation and extensive outbuildings, along with 50ac of disused quarry. It is to be sold at public auction later this month and comes with a guide price of €1.8m, or just over €6,500/ac.

Located 8km from Kildare, 16km from Monasterevin, 15km from Athy and 16km from Newbridge, the farm is close to the M7 motorway.

Paddy Jordan, of selling agents Jordan Auctioneers, describes the property as a "top quality farm".

Given that it is laid out in one large division with no internal boundaries or hedges and extensive road frontage, Mr Jordan said that it may suit tillage farmers or those with interests in the dairy sector.

Around 50ac consists of a disused quarry, with some remaining aggregates on the site and potentially additional sand and gravel reserves.

The land is level and classified under the 'Fontstown Series' in the soils of Co Kildare. The residence and yards are approached via a long winding avenue.

The traditional farmhouse extends to 4,500sqft. The ground floor has a reception hall, sitting room, living room, kitchen, breakfast room and larder. Upstairs, there are six bedrooms, some with ensuite.

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The house, which is classified as a protected structure under the Kildare County Development Plan, is in need of extensive renovation and modernisation throughout.

To the rear of the house is a garden area and a concrete yard with two loose boxes and a utility shed. There are also a number of derelict buildings surrounding the house that were part of an original residence and old farmyard.

The existing yard is located to the north of the dwelling and consists of various sheds and stores primarily used for drying and handling grain.

The buildings include a machinery shed, an old stone store converted to a workshop, a shed with grain drying facilities, a five-span double shed with concrete base and a new 90x60ft grain store with steel cladding and a concrete base.

Mr Jordan expects the sale of Nurney Demense to generate substantial interest from the farming community, especially those looking to buy a single block of land in a strong agricultural area.

The property will be sold at public auction on Tuesday, November 29, at 3pm at the Keadeen Hotel, Newbridge, Co Kildare.

Indo Farming