25 acres with mul­ti­ple at­trac­tions

Irish Examiner - Farming - - PROPERTY - Conor Power

“A warm par­cel of land with a pleas­ant as­pect ,” is how Éa­monn O’Brien of CCM Prop­erty Ser­vices de­scribes a prop­erty for sale in the town­land of Gur­tacur­rig, near Kil­dor­rery, Co Cork.

The 25-acre res­i­den­tial hold­ing (pic­tured be­low, right) is near the N73 road, in an area where farm­ing ac­tiv­i­ties vary be­tween beef cat­tle, tillage farm­ing and dairy farm­ing. Or­di­nar­ily, de­mand for such a tidy-sized hold­ing will be strong enough, with plenty of con­tenders look­ing to ex­tend their hold­ings. This prop­erty has a few ex­tra strings to its bow, ac­cord­ing to the agents, not least of which is the ex­is­tence of a three-bed­room bun­ga­low in ex­cel­lent con­di­tion, as well as a cut-stone for­mer kiln. “There’s a lit­tle bit of ev­ery­thing in this prop­erty,” says Éa­monn. “All of what is there is de­sir­able and I think that for some­one who’s spec­u­lat­ing, for ex­am­ple, it gives them the op­por­tu­nity to live in the bun­ga­low while do­ing up the old build­ing and then let it out for Airbnb or even come and live in it.” The prop­erty en­joys a charm­ing ru­ral set­ting with “stunning views”. Among the out­build­ings is a two-col­umn slat­ted shed.

“The own­ers are re­tir­ing ,” clar­i­fies Éa­monn, who points out that although the prop­erty is for sale as one unit, the de­mand for the house along with a cou­ple of acres might end up split­ting the of­fer­ing.

Over­all, the ask­ing price is €325,000, with a value of around €155,000 for the house with its de­tached garage and 2.5 acres, putting the land value around €7,500/acre.

The land it­self is of mixed qual­ity, ac­cord­ing to the agents, and en­joys good road frontage. It was farmed for a long pe­riod by the same fam­ily, and has an­nual sin­gle farm pay­ments that are cur­rently worth in the re­gion of €1,750, with an­other €750 in dis­ad­van­taged land pay­ments.

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