Farm Ireland

Wednesday 21 March 2018

Tipp top farmhouse on 164ac holding expected to fetch €1.4m

Jim O'Brien

Jim O'Brien

One of the nicest residential working farms to come on the market in recent times is a 164ac holding at Gortnagoona, Roscrea, Co Tipperary.

The holding comprises 111ac of grazing ground and 53ac of forestry, with entitlements that include a single farm payment of €23,400 and nine years of forestry payments at €9,800 per annum.

The farm is on the market by private treaty and Matt Malone of selling agents Central Auctions is guiding the sale price at €1.4m or €8,500/ac.

Located five miles from Roscrea and five miles from Templemore, the holding is described by Mr Malone as a quality grazing farm with well managed forestry.

The house is a fine two-storey farmhouse in top condition, with five bedrooms and a coach-house/garage attached.

The property is approached by an impressive stone gateway and a tree-lined avenue. The avenue divides as you approach the house and leads separately to the residence and to the farmyard.

The yard is a mix of the old and the modern located at either side of the house. One of the yards is of the more traditional kind with a round roof shed that has a lean-to on one side and a more recent open fronted cattle shed on the other.

The remaining buildings in the traditional yard are older stone sheds.

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At the far side of the house is a modern A-roof farm building with accommodation for up to 200 animals.

The land is divided between grazing ground and forestry. The grazing ground extending to 111ac is divided into 11 fields fenced with mature hedgerows.

The forestry covers 53ac and while located mainly to the rear of the farm, a number of copses of varying sizes are spread throughout the land.

The timber, which is well looked after and well managed, includes sitka spruce, larch and a small amount of ash. There are nine years of premium payments left delivering a return of €9,800 per annum.

The farm is laid out in one block and comes with road frontage extending to 900m. It will be sold by private treaty in one or more lots.

Irish Independent