Dunlavin lands sell for €451k
A PRIME 36 acre parcel of land on the outskirts of Dunlavin has been sold at auction.
The land at Crehelp went under the hammer of Clive Kavanagh of Jordan Auctioneers, Newbridge.
The property opened with an initial bid of €250,000 with two active purchasers.
The property was placed on the market at €300,000 and, with several more bids from the same parties, the hammer dropped at €415,000 equating to a price of €11,500 per acre.
The purchaser is believed to be a locally-based farmer.
The entire plot was in an accessible location about 4km from Dunlavin, 16km from Blessington and 18km from Baltinglass.
It has frontage onto two cul–de–sac roads and came with a three-span lean-to shed.
Laid out in approximately eight divisions, the lands were all in grass and described as ‘excellent quality’ by the selling agents.
Commenting after the auction, Mr Kavanagh said: ‘ There had been good interest from the outset and the lot size made it generally affordable for those looking to expand their existing holding or to buy an out-farm’.