Farm Ireland
Independent.ie

Sunday 17 December 2017

Royal County sale will create a stir in tillage circles

448ac for sale near Athboy with guide of€5k/ac

Jim O'Brien

Jim O'Brien

Ganly Walters auctioneers are bringing a significant Royal County tillage farm to the market by public auction in the coming weeks.

Located near Athboy in Co Meath and extending to a total of 448ac, the property is in four distinct blocks and can be sold in lots or as an entire.

The farm comes with a guide price of €2.24m or €5,000/ac and interested parties are required to pre-register for the auction.

The lands are all located within 4km of the village of Athboy and are in a fallow state at present not having been planted since the last harvest.

They are described by Celia Lamb of Ganly Walters as the best of tillage ground that has been farmed efficiently and effectively by the current owners over a number of years.

The largest of the blocks is a c 315ac farm at Rathkenna, Ballivor, Athboy.

This is an 'open-plan' farm with few divisions and ditches and, according to Celia Lamb, "comes with more road frontage that any other farm in Ireland."

This portion is currently fallow tillage ground and comes with a guide price of €1.557m

Also Read


The second block is located at Crossanstown and Carranstown Great, Ballivor, Athboy and extends to c46ac.

This is also fallow tillage ground and comes with limited road frontage and a guide price of €228,000.

The third lot is a combination of lots one and two totaling c 361ac and comes with a guide of €1.805m.

Arable

The fourth lot is located at Mitchelstown, Athboy and extends to c87ac and comes with excellent road frontage.

This farm is guided at €436,000

Ms Lamb believes the sale of this large arable holding will create quite a stir in tillage circles,

"These are excellent quality tillage lands superbly located in the heart of Co Meath.

"They are of top quality and can be used for all types of agriculture with extensive natural hedging that has been well maintained," she said.

With no buildings on the farm its sale should give a good indication as to the value of 'pure farmland' in this part of the world.

In that regard the guide price of €5,000/ac is very much on the conservative side given that the average price paid for land in this area in 2014 was in the region of €9,500/ac.

The property will be sold by public auction at 10.30am on Tuesday, February 24 at the Pavilion, Leopardstown Racecourse, Dublin 18.

To pre-register for the auction, prospective customers are advised to the Ganly Walters website www.ganlywalters.ie.

Indo Farming