Versatile Wexford farm guided up to €10,000/ac

DAVID QUINN is handling the sale of this 52ac roadside tillage and grass farm at Ballyrahan located about 2km from Gorey in Co Wexford.

The non-residential holding comes with 1km of road frontage and is described by Mr Quinn as made up of dry, free-draining soil suitable to any farming purpose.

The farm is currently in 37ac of stubble after producing a crop of winter corn. The remainder is in grass with 5ac in need of attention. It is guided prior to auction at €10,000/ac.

According to Mr Quinn, given the location of the property, it should have development potential and could draw farming and non-farming interest.

It will be offered for sale in a series of lots with the first made up of 19.4ac guided at €10,000 to €12,000/ac. The second lot of 19.5ac is guided at €8,000 to €10,000/ac. Then the third, a 7.42ac parcel, is guided at €12,000/ac, while the fourth lot of 6ac is guided at €10,000 to €12,000/ac. A fifth lot of 44.7ac is a combination of lots one, two and four and guided at €10,000 to €12,000/ac. The place will be sold at public auction at 3pm on Friday, August 24 at the Loch Garman Hotel, Gorey. Auctioneer Thomas Potterton had what he described as a sweet result when he sold a 22.5ac parcel of ground near Kildalkey for €240,000. The property was bought by Ben and Richard Tyrell, owners of the renowned Woodstown Jersey Farm.

Located 4km from Ballivor and Kildalkey the holding is bounded by a river and accessed by right of way. Currently in grass it is described as a lovely piece of ground.

At auction it opened at €250,000 and two bidders followed it to €235,000 when it went on the market. Another €5,000 bought it and the hammer fell in favour of the Tyrells at €240,000. The underbidder was a businessman with farming interests.