East Cork hold­ing seeks €8-€10,000/acre

Irish Examiner - Farming - - PROPERTY - Conor Power

With a lo­ca­tion very close to the sea in east Cork, a good qual­ity 26-acre farm hold­ing for sale with Cork-based auc­tion­eers Co­ha­lan Dowl­ing cuts an at­trac­tive pres­ence for those look­ing to ex­tend their farm hold­ings. The prop­erty is lo­cated in the town­land of Bal­ly­croneen — just 14km from the mar­ket town of Mi­dle­ton and 7km from the fa­mous vil­lage of Cloyne. The lat­ter vil­lage is fa­mous for its round tower and is strongly as­so­ci­ated with prom­i­nent hurl­ing play­ers Christy Ring, Donal Óg Cu­sack and Diar­muid O’sul­li­van. This part of the coun­try is well known for a num­ber of dif­fer­ent as­pects that all play a part on the so­cial and eco­nomic struc­ture of east Cork. Re- nowned beauty spots abound in the area, with Bally­bran­ni­gan Strand just be­yond the south­ern bound­ary of this prop­erty, while Bal­ly­cot­ton and Gar­ryvoe are a short dis­tance away. To the west of the farm lie the more in­dus­tri­alised lo­ca­tions of Aghada and White­gate.

In the midst of all this is some of the best farm land in the coun­try. With the prox­im­ity of Cork city and its in­dus­trial hin­ter­land, as well as Cork Port and Air­port, this is a very vi­brant neck of the woods agri­cul­tur­ally speak­ing. Land in this area tends to change hands quickly and at strong prices, with larger tracts mak­ing very rare ap­pear­ances on the mar­ket. Ac­cord­ing to sell­ing agent Mau­rice Co­ha­lan, there is clear and un­com­pli­cated ac- cess to this prop­erty off the R630, even though it doesn’t have any road frontage. “The land is in one block and is in per­ma­nent grass­land,” says Mau­rice. “In­ter­est has been good as well with most of it lo­cally based.” As re­gards the price, the agents are ex­pect­ing a value of be­tween €8,000 and €10,000 per acre for this piece of grass­land. Com­pared to what sim­i­lar prop­er­ties have achieved in the lo­cal area, it’s on the lower side. The value of this farm is tem­pered, how­ever, by the fact that it doesn’t have road frontage.

Aerial view of the 26-acre farm at Bal­ly­croneen, Cloyne.

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