€14,700/acre price tag for residential farm
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.