Farm Ireland

Monday 18 December 2017

Meath gem packed with tillage appeal

Jim O'Brien

Jim O'Brien

Huge interest expected in Royal County 88.5ac that upbeat auctioneers believe will fetch €10k/ac

Strong farmer interest is expected for an 88.5ac Co Meath holding which has just come on the market.

The property is located at Robinstown, five miles from both Navan and Trim. It is being guided at €850,000 or around €10,000/ac and is to be sold at auction by joint agents Smith Harrington, Navan and Sherry FitzGerald Sherry, Dunshaughlin.

Although the holding is in the middle of the size range, not big enough to be a stand-alone unit and on the big side for an out-farm, it is a very attractive property and will certainly draw in the bidders.

The farm comes with a derelict farmhouse and a total of 288m of frontage on to two roads.

According to auctioneer John Harrington, the holding, which is let at present, is a renowned tillage farm and is currently under winter cereals. It is fenced by good natural hedges and is watered by a stream.

A lot of interest is expected from the tillage community and the customer with an eye to the beginnings of a residential farm will be interested to note that a derelict farmhouse and a hayshed are situated on the property.

The farm may be sold as an entire or in one or two lots with lot one comprised of the derelict house and hayshed on 61.679ac along with 143m of road frontage. Lot two consists of 26.855ac with 145m of frontage.

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Mr Harrington believes the farm is realistically priced at around €10,000/ac and expects it to sell under the hammer at the Smith Harrington auction rooms at 3pm on Tuesday, June 26.

Meanwhile a 22ac residential farm with a fine bungalow residence and extensive farm buildings failed to sell at auction last week.

The farm, located at Balrathboyne, Kells, Co Meath, is described by Mr Harrington as a nice neat holding comprised of top quality land in good heart.

Despite a raft of pre-sale enquiries, it failed to elicit any real interest when put to auction before a good crowd at the Smith Harrington auction rooms in Navan.

The property is now available by private treaty with a negotiable guide price of €325,000.

Indo Farming