Laois res­i­den­tial farm brings out the bid­ders

Irish Independent - Farming - - PROPERTY FARMING -

A FINE com­pact res­i­den­tial farm lo­cated at Bal­li­nakill in Co Laois sold in lots af­ter auc­tion last week beat­ing its re­serve of €500,000.

The prop­erty is lo­cated at Augh­nacross, about 6km from town of Bal­li­nakill and not far from the Kilkenny bor­der.

The bun­ga­low res­i­dence on the prop­erty was built in 1972. The farm build­ings con­sist of a two-col­umn hay­barn with a lean-to, an A-roofed shed with cat­tle ac­com­mo­da­tion and some lovely old stone build­ings.

The land is made up of 46.5ac of good level graz­ing ground.

The largest por­tion is a 36ac par­cel of road­side land with a small sec­tion of forestry.

Across the road from the main hold­ing a 5.5ac par- cel in two fields of graz­ing ground has laneway ac­cess and a right of way run­ning through.

On the day the 36ac por­tion opened when Kilkenny auc­tion­eer, Pat Gan­non, ac­cepted a bid of €215,000.

With two cus­tomers show­ing in­ter­est it was with­drawn at €220,000 and sold af­ter­wards to a lo­cal farmer.

The house on 5ac opened at €150,000 and was with­drawn at €160,000 but soon af­ter­wards sold for a higher fig­ure. A 5.5ac piece sold un­der the ham­mer for €26,000.

Mr Gan­non was de­lighted with the sale that marked a good few days for him.

Ear­lier in the week sold a 70.5ac farm at Kil­ma­gany for top agri­cul­tural prices.

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