Smart 60ac Dublin farm smashes guide by €315k
The price of land in Meath and Dublin is on the rise with a parcel in the Royal County making over €19,000/ac at auction and a 60ac Dublin farm making more than €18,500/ac.
Montana House at The Ward, Co Dublin, on 60ac with stables and a farmyard sold at auction last week for €1,115,000 or more than €18,500/ac, surpassing its guide by €315,000.
Located across the road from the famous White House pub, the farm is 5km north of the M50 and enjoys road frontage on to the Ashbourne and Mulhuddard roads.
Built some 50 years ago, the house is unique with its five-column veranda and balcony topped by a roof with a bell-shaped curve.
The accommodation includes four reception rooms, a large kitchen and utility, four bedrooms and a family bathroom. According to Pat O'Hagan of selling agents Savills, the house is a good substantial building but in need of refurbishment and modernisation.
While all in grass at the moment, the land is described as the best of north Dublin tillage land laid out in one block of 60ac with multiple access opportunities.
The outbuildings include a courtyard with 16 loose boxes and a lean-to shed for machinery or fodder storage. A cattle yard at the south-west of the property includes a traditional cattle shed and outdoor facilities that could winter up to 70 cattle.
Pat O'Hagan of Savills opened proceedings when he accepted a bid of €800,000. With five bidders in the field bidding was initially brisk until the price neared the €1m mark. It slowed to a snail's pace until the farm was bought under the hammer for €1,115,000 by a north Dublin businessman with farming interests