Dublin tillage farm sells for €15,000/ac

Irish Independent - Farming - - PROPERTY - JIM O’BRIEN

FARM­LAND is con­tin­u­ing to sell strongly with parcels large and small mak­ing good money.

Among the lat­est suc­cess sto­ries was a 179ac non-res­i­den­tial tillage farm at Greenogue on the Dublin/Meath bor­der.

It sold at pub­lic auc­tion last week, mak­ing €2.71m or just over €15,000/ac.

The farm is 4.6km from Ash­bourne, 10km from Swords and 15km from Dublin Air­port. Ac­cord­ing to An­drew Nolan of sell­ing agents Goffs Coun­try, the well-renowned tillage farm with a use­ful yard is suit­able for any pur­pose.

It in­cludes a five-col­umn hay barn with a lean-to and a sta­ble yard with four sta­bles all set on an ex­ten­sive hard-core area.

Laid out in about seven di­vi­sions, the land is well fenced with ex­cel­lent road frontage and good bound­ary fenc­ing. A top class in­ter­nal road­way sys­tem runs through the prop­erty, ser­vic­ing all di­vi­sions, and this fea­ture should make the hold­ing par­tic­u­larly at­trac­tive for dairy buy­ers.

At auc­tion, it opened at €2m and with two bid­ders driv­ing the sale, it went on the mar­ket at €2.7m, sell­ing un­der the ham­mer for €2.71m.

It was bought by a lo­cal busi­ness­man act­ing in trust.

Not far away, a 43ac res­i­den­tial farm at Bel­gard and Far­ranadum, near Kil­cock, sold un­der the ham­mer of Ea­mon O’Fla­herty of Sherry Fitzger­ald Brady O’Fla­herty.

The par­cel in­cluded a derelict cot­tage and made €695,000, beat­ing its guide by more than €250,000, re­al­is­ing a per acre price of over €16,000/ac.

Mr O’Fla­herty of­fered the farm ini­tially in a va­ri­ety of lots.

The sig­nif­i­cant ac­tion be­gan when a com­bi­na­tion of lots, com­pris­ing the house on 15ac, at­tracted an open­ing bid of €410,000 and this was sold at €420,000 to a cou­ple from Maynooth with farm­ing in­ter­ests.

A par­cel of 28ac of grass­land on the op­po­site side of the pub­lic road was ini­tially bid to €250,000 and even­tu­ally sold for €275,000 to a young cou­ple from the lo­cal­ity.

The fi­nal fig­ure of €695,000 cer­tainly re­flected a strong price for the farm. The pre auc­tion guide price was €440,000.

CLARE FARM BREAKS THE MIL­LION MARK

Mean­while, in Mun­ster, Tom Crosse of GVM sold a Ge­or­gian House on 65ac with a good yard at Sixmile­bridge in Clare. Spring­field House, a six-be­d­room res­i­dence, in­cluded an­cil­lary ac­com­mo­da­tion, ex­ten­sive sta­bling and out­build­ings on 65ac of top class graz­ing ground. At auc­tion, bid­ding opened at €800,000 and with five bid­ders in the chase, the price climbed rapidly but mat­ters came to a halt at €1.15m when the prop­erty was with­drawn.

It sold im­me­di­ately af­ter auc­tion for a fig­ure be­lieved to be in the re­gion of €1.3m. The hold­ing was bought by a fam­ily with ex­ten­sive farm­ing in­ter­ests in the area.

A Ge­or­gian house on 65ac at Sixmile­bridge, Co Clare, sold af­ter auc­tion where bid­ding had pushed it to €1.15m

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