The sale of a 123ac residential Co Cork dairy farm is certain to stoke a lot of interest, especially since the holding is being offered with a 67,000ga (301,000 litre) milk quota.
Although quotas are due to become a thing of the past in three years' time, the ongoing hunger for expansion continues to ensure that they have a very real value -- as evidenced by the level of demand in the milk quota trading scheme.
Located in the heart of dairy country at Scart, Ballyclough, outside Mallow, the property is being sold by private treaty sale and is being guided at €1.7m, or almost €14,000/ac.
The farm is in permanent pasture and divided by a country road, which gives the property substantial road frontage.
Laid out in 15 manageable divisions, this flat, fertile farm is serviced by an internal hardcore roadway and is paddocked for strip grazing.
The yard contains a 12-unit modern milking parlour, along with a large loose house with straw bedding accommodation for 70 cows. The yard also contains a range of other farm buildings, along with a slatted slurry tank that could be roofed in the future.
The residence on the property is a three-bedroom bungalow with accommodation that includes a kitchen/dining room, sitting room and bathroom.
The house has been lived in up until recently and is perfectly habitable.
Local auctioneer Christy Buckley expects no shortage of takers for the property.
"The owner is trading up to a larger holding and ran this dairy farm in a modern and productive way," he said. "The price per acre is at the stronger end of land prices but when the premium generated by the milk quota is taken into account, it could add to the price.