Irish Independent - Farming

Golden fields sell for €16,000/acre

158ac residentia­l dairy farm in Tipperary makes more than €2.5m in private sale

- Jim O’Brien

SWithdrawn from auction last year the property sold after a private treaty sale handled jointly by Jordan Town and Country Estate Agents and Dougan FitzGerald of Clonmel.

Located 15km from Tipperary town and 11km from Cashel, the fully operationa­l dairy farm has a range of top-class dairy facilities and extensive accommodat­ion.

Conversion:

Originally a tillage farm, it was purchased in 2003 and converted to dairying.

The dairy operation can carry 300 cows with housing for up to 500 head of stock in total. The 14-unit milking infrastruc­ture comes with a 10,500 litre bulktank and a feed silo.

Sheds include a 12-column, double A-roof structure with 200 cubicles, automatic scrapers and feeding passages, while another shed holds 84 cubicles. An open-air cubicle unit has 60 spaces on rubber mats with covered bars.

A range of spacious calf and calving sheds is fitted with automatic, electronic­ally controlled feeders. Other buildings include machinery sheds, fodder storage sheds, a smaller slatted feeding unit and two silage pits.

The land is laid out in typical dairy fashion in watered paddocks serviced by a network of firm internal roads giving easy access to all the paddocks.

A parcel of 13ac with cattlehand­ling facilities and up to 800m in road frontage is

Originally a tillage farm, Suircastle was converted to dairying in 2003 and now has a range of top-class dairy facilities and extensive accommodat­ion

Big money:

A midlandsba­sed businessma­n bought the residentia­l farm near Golden and plans to continue with the existing dairy enterprise there located about 500m from the main farm on the road between Golden and New Inn.

The land is all level grazing ground in top order and serviced with piped water.

The residence is a modern dormer bungalow in turn-key condition. The accommodat­ion includes three bedrooms and a bathroom upstairs , an ensuite bedroom downstairs, a kitchendin­ing area, a television room and a large sitting room.

There is a large garage/shed beside the house that is set on a concrete apron.

Commenting on the sale, Paddy Jordan said: “Even in the middle of the coronaviru­s crisis, business can get done if you have the right article and investing in land is still a sure bet, in these uncertain times.”

The property was bought as an investment by a midlandsba­sed businessma­n who intends to appoint a manager on the farm and continue the dairy operation.

While it was originally mooted that the dairy herd, the stock and farm equipment could be sold, the auctioneer­s say any transactio­n relating to the livestock stock and farm equipment is between the vendor and the purchaser.

Both agents report that there are several underbidde­rs looking to acquire either a ready-to-go dairy set up or a top-quality farm suitable for conversion.

‘Investing in land is still a sure bet, in these uncertain times’

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