A non-residential farm of 37.6ac at Knockroe, Thurles, Co Tipperary, is already attracting a lot of attention prior to auction on May 19.
With a guide price of €10,000/ac, auctioneer Pat Cusack of Cusack Auctioneers believes the market price will be achieved on the day.
Located on the N62, just 4.5km from the square in Thurles, the farm is all in grass and laid out in four divisions. Owned by a businessman, the farm has been let for a number of years and was well cared for by its tenants. It is fenced by natural hedgerows and benefits from a water supply delivered by a local group water scheme.
According to Mr Cusack, the road frontage on to the N62 that connects the M8 with the midlands adds greatly to the location value of the property.
"There is a lot of interest in the property and I believe landowners who sold lands for the motorway are looking at this property. It would make an excellent out farm or a small residential holding given the requisite planning permission," he said.
There are no buildings on the farm and no entitlements. It is currently under silage, which may be cut before the auction is held.
Cusack Auctioneers, and joint agents Sherry FitzGerald Talbot Ryan, are selling the lands by public auction at the Anner Hotel, Thurles at 12 noon on Thursday, May 19.