Farm Ireland

Saturday 16 December 2017

Waterford farm can be new enterprise

Jim O'Brien

Jim O'Brien

While the smaller parcels of land are dominating the property market of 2012, the occasional bigger farm is also featuring.

There will undoubtedly be great interest in a 176ac tillage and grass farm with some forestry located at Ballyogarty, Kilmacthomas, Co Waterford.

The farm is for sale by private treaty and comes with a guide price of €1.8million.

Located just over 1km from Kilmacthomas on the Bunmahon road, 21km from Dungarvan and 26km from Waterford, the farm consists of 116ac of tillage, 30ac of grass and 30ac of mature forestry.

The forestry ground has lodgepole, pine and ash and commands a premium of €5,100pa.

According to Celia Lamb of selling agents Knight Frank this is a top class, productive farm with tremendous potential.

The property is divided by the Kilmacthomas to Bunmahon road delivering extensive road frontage and facilitating the sale of the farm in lots.

In this regard lot one will consist of the entire, while lot two will consist of 114ac at the upper side of the dividing road.

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Of this, 92ac are under tillage, with 22ac in forestry, some of which was planted 14 years ago and some 18 years ago.

Lot three will consist of 62ac located at the lower side of the Kilmacthomas to Bunmahon road.

Thirty-one acres of this section are in tillage, 23ac in grass, with the remaining eight acres in forestry.

There are no buildings with the property. In lots or as an entire it will be of huge interest to local farmers, to those with an existing enterprise or those with an interest in starting a new enterprise.

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