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