66.5-acre farm guide priced at €480,000:

Irish Examiner - Farming - - FRONT PAGE - Conor Power

With the River Laney along its south­ern flank, a 66.5-acre non-res­i­den­tial hold­ing near Mac­room in West Cork presents an in­ter­est­ing op­por­tu­nity to ex­tend their hold­ings for the many pro­gres­sive dairy farm­ers in the area.

The prop­erty is lo­cated just south of the vil­lage of Bal­li­na­gree. It’s about 10km north of Mac­room (see aerial view on page 1).

Such a large block of land com­ing on the mar­ket is rare, and in­ter­est is al­ready start­ing to build lo­cally, ac­cord­ing to sell­ing agent Michael Hin­chion of Mac­room-based Sherry Fitzger­ald Hin­chion. The farm is of­fered for sale in its en­tirety or in sep­a­rate lots. “Over­all, it’s 66 and a half acres,” says Michael. “You’ve then got two lots, of 53 acres and 13 and a half.”

The land qual­ity over­all is quite good, ac­cord­ing to the agents, with ex­cel­lent ac­cess (the two pro­posed lots on of­fer are split by a pub­lic road­way) and good drainage from the afore­men­tioned River Laney that me­an­ders along part of the bound­ary.

“In terms of the land, I sup­pose that lot [of 13.5 acres] would be the bet­ter qual­ity pack­age. That has good road frontage and all of that land would be suit­able for all uses re­ally. There was grain grow­ing on it years ago, but now it’s in pas­ture.”

All of the land is in pas­ture and has been leased for a num­ber of years.

The po­ten­tial for im­prov­ing the hold­ing and bring­ing it to a high qual­ity level is an at­trac­tion.

“Much of the land by the river in both lots would be very much suit­able for recla­ma­tion,” says Michael of the prop­erty (which does not have en­ti­tle­ments com­ing with it). “It would be self-drain­ing, so it’ s a farm with a lot of po­ten­tial.

“There’s a good deal of in­ter­est in it even though we’ve only just got it on the mar­ket. There would be a lot of dairy farm­ers in the lo­cal­ity.” There is no short­age of in­no­va­tion and in­dus­try in this part of the world. It’s not a mil­lion miles away from the fa­mously pro­gres­sive farmer who switched his cat­tle for wa­ter buf­falo, to pro­duce a highly suc­cess­ful unique moz­zarella cheese.

A lit­tle far­ther south, some of the farms have sold for very high prices in re­cent years. It’s cer­tainly not be­yond the realms of pos­si­bil­ity for the next own­ers to turn this sleep­ing gi­ant of a hold­ing into some­thing of ex­cep­tional qual­ity. The ask­ing price, the agent says, “re­flects the work that needs to be done on it”. Hence the guide is set at €480,000 (€7,200/acre). “Whether it goes as one lot or as two, we’ll be sell­ing it all. We won’t let one lot go with­out sell­ing the other.

“It’s got great ac­cess, it has plenty of road frontage and it’s well fenced. It’s ready to go, re­ally.”

The 25-acre prop­erty for sale at Gur­tacur­rig, Kil­dor­rery, Co Cork, which in­cludes a three-bed­room bun­ga­low.

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