Dairy big-hit­ters dig deep for Roscom­mon hold­ings

Irish Independent - Farming - - PROPERTY FARMING -

WEST of the Shannon, auc­tion­eer John Ear­ley sold two large Roscom­mon farms un­der the ham­mer last week, net­ting a to­tal of €2.6m and av­er­ag­ing over €8,000/ac.

The first farm to sell was a 168ac non-res­i­den­tial hold­ing at Rath­con­nor, Four­mile­house. The prop­erty comes with a huge ar­ray of mod­ern sheds and farm­ing fa­cil­i­ties, €25,000 per an­num in pay­ments and a farm with land in per­fect con­di­tion.

At auc­tion, the prop­erty opened at a strong €1.2m, with four bid­ders in the chase — 12 bids later, the ham­mer fell at €1.8m, de­liv­er­ing a per acre price of €10,714. The suc­cess­ful bid­der was a so­lic­i­tor from the south of the coun­try and, ac­cord­ing to Mr Early, the main in­ter­est in the farm came from south­ern dairy farm­ers. Mr Ear­ley also sold an­other farm in Four­mile­house, a 150ac non-res­i­den­tial hold­ing in the towns­land of Grange.

Lo­cated 13km from Roscom­mon town, the farm is all in one block in 18 di­vi­sions and while the ma­jor­ity of the land is de­scribed as fine graz­ing ground, a smaller part fronts on to a lo­cal lake where it is a bit softer.

The ground was re­seeded, pad­docked, wa­tered and fenced in re­cent years, and ser­viced by an in­ter­nal road­way. The fa­cil­i­ties are spread over two yards with cat­tle han­dling fa­cil­i­ties in both.

At auc­tion, the 150ac prop­erty opened at €600,000 and at­tracted five bid­ders. It went on the mar­ket at €810,000 and sold for €830,000 or over €5,500/ac to a Boyle so­lic­i­tor act­ing in trust.

The 168ac farm at Rath­con­nor, Four­mile­house sold for €2.8m

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