Wicklow sale highlights trend in agri land market
If one needed proof of the difference between the house market and the agricultural land market, the sale of a 27.4ac residential farm at Killaveney, Tinahely, Co Wicklow tells the tale.
The entire failed to sell, the house on 3.6ac sold after auction, while on the auction room floor 23.8ac was the subject of lively bidding and sold under the hammer for €270,000 or €11,344/ac. It was bought by an adjoining dairy farmer.
The house and stables on 3.6ac sold after auction for a figure in the region of €300,000.
The entire had been guided by selling agents Quinn Property at between €500,000 and €550,000.
The property is located 3km from Tinahely, off the main Tinahely to Gorey road, and was developed about 10 years from a green-field site, with the residence, stables and outbuildings finished to the highest standards.
The farmyard has accommodation for up to 100 cattle.
All the sheds were built in the past 10 years and include a six-span slatted accommodation and a five-span loose house with concrete floors. There is a large concrete yard, which includes a parking area, holding pens and a cattle crush.