Reduced price of €3m for 298ac Cork farm
Graigue House, on 298ac at Shanballymore, Mallow, Co Cork, is one of the more substantial farming properties to come on the market in 2012.
A portion of the farm extending to 248ac was sold for €4m in 2006.
But the entire is now back on the market with a reduced guide price of €3m.
The property combines tillage and grassland, comes with a milk quota of 38,000gal and is being sold by private treaty by Sherry Fitzgerald O'Donovan, Mallow.
The farm is located just off the N72, between Mallow and Mitchelstown.
Laid out in two large blocks, the land comprises 193ac situated near the house and an out-farm of 105ac located at Ballintlea South, about half a mile away.
The land is described as level and fertile, with about 20ac on the outfarm that may need attention. Two thirds of the land is mainly under wheat at present, with less than a third in pasture. There is decent road frontage with the farm and river frontage onto the Ogeen.
According to auctioneer Michael O'Donovan, the farm has been well-farmed and is in good heart throughout.