Offaly lots expected to prove popular
August can be a quiet time on the property scene, and particularly on the auction front. However, Offaly, the Faithful County, stays on duty and the sale of a 111ac farm located near Kilcormac, between Birr and Tullamore, will provide an ongoing read on the state of the land property market.
The farm, which is in three different locations, will be sold in its natural divisions.
And while the different parts vary in quality, auctioneer Peter Scully of GVM Tullamore is guiding the average per acre price at between €7,000 and €9,000/ac.
Lot one consists of 60ac of grazing land located at Broughal, Kilcormac. It is described by Mr Scully as a parcel of two halves. Thirty acres to the front of the property with frontage on to a by-road is regarded as good land, while the 30ac further to the rear is of poorer quality and described as 'goodish moor'.
The 'home place' at Ballynaguilsha, Eglish, near Fivealley, includes a two-storey farmhouse in need of refurbishment and a traditional farmyard that includes a two-span hay shed, lean-to and other farm buildings.
The farm is situated off the Birr to Kilcormac road and divided by a by-road with the house and 27ac on one side with the farmyard and 11ac on the other.
The land is described by Mr Scully as good land which is under meadowing at the moment.