Po­ten­tial money spin­ner a bar­gain at ¤300k guide

Irish Independent - Farming - - Front Page -

“A FEW years ago, this would've made a mil­lion.” That was Jimmy Murtagh's view of a 28.5ac non-res­i­den­tial farm near Co­ral­stown, Co West­meath.

The farm, which is in the town­land of Heath­lands, has a guide price of €330,000.

Lo­cated be­tween the N4 and the M6 on the Mullingar side of Kin­negad, the lands are de­scribed as top qual­ity ground with no waste. The farm is in one field with ex­cel­lent ex­te­rior fenc­ing and a sup­ply of mains wa­ter.

“Up to re­cently it was all in tillage but it was fully re­seeded last au­tumn so it is now un­der new grass,” said Mullingar auc­tion­eer Mr Murtagh. “It has about 400m of road frontage and is al­most part of the vil­lage of Co­ral­stown where you have ev­ery­thing a ru­ral vil­lage has to of­fer.”

With the req­ui­site plan­ning, the prop­erty would be ideal as a res­i­den­tial farm or in the con­text of vil­lage de­vel­op­ment.

There are no build­ings or en­ti­tle­ments with it but it is still a valu­able piece of prop­erty, ac­cord­ing to Mr Murtagh.

With a guide price of €11,500/ac, the farm will be sold by pub­lic auc­tion at the Gre­ville Arms Ho­tel, Mullingar, at 3pm on Fri­day, May 6.

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