€14,700/acre price tag for res­i­den­tial farm

Irish Examiner - Farming - - PROPERTY -

An­other hold­ing that fits neatly into the cat­e­gory of “con­ve­nient-sized good qual­ity par­cel with ex­cel­lent ac­cess” is on the mar­ket with GVM Auc­tion­eers.

The res­i­den­tial 17-acre piece of pas­ture land is in the town­land of Kil­breedy, about 5km from the vil­lage of Kildimo and 7km from the pretty town of Adare, Co Lim­er­ick. Lim­er­ick City is ap­prox­i­mately 19km away.

“It’s roughly equidis­tant be­tween Adare and Kildimo,” says sell­ing agent Tom Crosse. “The area would be quite sought-af­ter in terms of agri­cul­tural land, be­ing ac­ces­si­ble from the city and so close to Adare, in par­tic­u­lar, with its eques­trian fol­low­ing.” The strong tra­di­tion of horse-breed­ing in the area mixes with the well-es­tab­lished dairy­ing and beef sec­tors that are the ba­sis of agri­cul­tural ac­tiv­ity lo­cally. The farm has good road­side a c c e s s a n d c o m p r i s es a num­ber of out­build­ings as well as a tra­di­tional two­s­torey dwelling. Ac­cord­ing to the sell­ing agents, the build- ings are in quite good re­pair, and the house holds good po­ten­tial even though it’s in need of a good deal of re­fur­bish­ment, “It hasn’t been lived in for a while,” says Tom. “There are el­derly own­ers, who va­cated it a num­ber of years ago.” Ac­com­mo­da­tion in the house in­cludes a hall, sit­ting room, din­ing room, kitchen, bath­room and three bed­rooms. Out­build­ings in­clude a twocol­umn hay barn and a four­col­umn cu­bi­cle shed. The land is of gen­er­ally good qual­ity and is laid out in eas­ily man­aged divi­sions, well wa­tered and fenced, ac­cord­ing to the agents, who say that it is ideal for beef or eques­trian use or hobby farm­ing, not to men­tion the in­ter­est it will surely at­tract from those in the dairy­ing sec­tor look­ing to ex­pand their hold­ings. The price guide on this at­trac­tive block of land is set at €250,000.

This gives it a price per acre of €14,700/acre. At that level, it will still be of in­ter­est to farm­ers and non-farm­ing in­vestors alike.

The 17-acre farm for sale at Kil­breedy, near Kildimo, Co Lim­er­ick, with a price guide of €250,000.

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