Farm Ireland
Independent.ie

Sunday 18 February 2018

Local farmer pays €872,000 for Ballyfowloo House and lands

Jim O'Brien

Jim O'Brien

The Co Tipperary residence Ballyfowloo House and its 82.41ac farm sold under the hammer last week for €872,000 or over €10,500/ac.

The sale price for the property, which is located near Cashel, exceeded the guide by €22,000. The farm was described as a superb dairy farm that includes a charming residence, and extensive farm buildings on top quality agricultural land.

The house is a fine Georgian two-storey family home that was renovated and restored in recent years. The accommodation includes an entrance hall, a drawing room and sitting room, a fully fitted kitchen, a play room, four bedrooms and a bathroom.

An old traditional courtyard with the house comprises two large stone sheds but there is also an extensive range of modern farm buildings with accommodation for up to 108 cows in a part-slatted shed equipped with a scraper system.

Also included is an eight-unit Alfa Lava milking parlour with a modern meal feeding system, flexi-augurs and 10t bin. Elsewhere in the yard are calving sheds, a crush and cattle handling facilities, open silage pits, various stores and work sheds set on large concrete yards.

The lands extending to c.82.41ac are all in grass and in one block. The fields are well fenced with plenty of natural shelter, hedging and water and the entire farm is serviced by good farm roads throughout.

On the external boundaries the farm enjoys extensive road frontage.

The sale was handled by Knight Frank and Cashel Livestock and Property Sales. More than 40 people showed up for the auction and bidding got under way with an opening offer of €500,000.

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With five bidders in competition, bids of €10,000 drove the price until the property was put on the market at €820,000. In further bids of €10,000, the price on offer went to €860,000.

Eventually, after 44 bids, the property sold under the hammer to a local farmer for €872,000.

Indo Farming