A 49ac farm with a derelict farmhouse made close to €13,000/ac at online auction this week. The property at Toberpatrick, Tinahely, Co Wicklow, was sold by Quinn Property.
Bidding opened at €250,000 and a number of bidders then became involved. After the bidding reached €440,000, the auctioneers called a break to take client instructions.
The farm was declared on the market and further bids invited.
After the bidding reached €500,000, two bidders remained active. The hammer eventually fell at €630,000 or €12,857/ac.
The purchaser was a farmer from the north Wexford/south Wicklow area.
Meath auction
A 37ac residential farm at Rathcore, Co Meath, also performed strongly at auction this week, making €925,000.
The property was sold by REA TE Potterton. Lots 1 and 1A - the farmhouse on 17.5ac - sold for €500,000. Lot 2 was 20ac and it made €425,000, which was equal to €21,250/ac.
Roscommon lots
Connaughton Auctioneers offered a farm at Dysert, Co Roscommon, at auction in lots. A parcel of 14.3ac sold for €125,000. A parcel of 7.8ac made €85,000.
Limerick farm
GVM Auctioneers sold a 47.8ac farm at Portboy, Herbertstown, Co Limerick, for €570,000. The property had a farmhouse and yard with sheds.
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