Farm Ireland

Friday 23 March 2018

Massive interest in quality holding

Situated just two miles from the Marble City, the auction of a 152ac residential farm at Rathbourne, Kilkenny has generated considerable interest.

The farm is one of two properties going under the hammer as part of an executors' sale on April 23.

Recently divided by the M7 motorway, the Rathbourne holding is split into two lots: a 130ac residential portion and a further 22ac.

Accessed via a driveway, the house is an imposing two-storey Regency-style home in need of extensive renovation.

However, the property has retained some original features such as the original shuttering, turned wood staircase and high ceilings, giving the house huge potential for development.

The accommodation consists of a front porch, sitting room, dining room, four bedrooms and a bathroom. Outside, the property has a range of lofted stone outbuildings and farm sheds adjacent to the house.

The dwelling house and yard are surrounded by 130ac of what the auctioneer describes as prime Kilkenny fattening land. The bulk of this land is top quality, although there are eight acres of wettish ground and a further 10ac of forestry, which was planted 10 years ago.

Auctioneer Ed Donohue, from ERA Donohue, is quoting a guide price of €1m-€1.1m for the 130ac residential block of land.

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On the opposite side of the M7, the 22ac non-residential portion of the farm has a guide price of €10,000/ac. Fronting on to the main Kilkenny/Carlow road, this land is described as superb by the selling agent and is currently under stubble.

On the same day, a second farm from the same executors' sale will go under the hammer.

This farm is a 33ac residential property fronting onto the main Kilkenny/Carlow road at Ballinamona, Cliften, Clara.

The property consists of a two-storey detached farmhouse residence, approached from the road via a long, tree-lined avenue.

The house has not been lived in for many years and is in need of modernisation and decoration throughout, although it is believed to be structurally sound.

The accommodation includes a front porch, kitchen, dining room, sitting room and four bedrooms.

The extensive farmyard, adjacent to the residence, includes a range of lofted stone buildings, garage, stables and other out buildings. There is also a three-span hay barn with double lean-to, a three-span hay barn with single lean-to, a two-span shed and a three-span barn, surrounded by a concrete yard.

Lot one, which includes the residence, farmyard and eight acres of surrounding land, has a pre-auction guide price of €150,000-€200,000.

Lot two is a 15ac parcel of land adjacent to the residence. This portion has road frontage onto the Kilkenny/Carlow road and is guiding at €10,000/ac.

Finally, a 10ac parcel of land with road frontage has a guide price of €7,000/ac.

Both the Rathbourne and the Ballinamona farms will be going up for auction on April 23 at 3pm in the Newpark Hotel, Kilkenny.

Irish Independent