A rare piece of land on the northern side of the Cooley Peninsula goes for public auction at the end of February. Listed with Property partners Laurence Gunne, the 40.4ac farm at Ballynamoney, Greenore, Co Louth runs close to the shoreline of Carlingford Lough.
Less than 2km from the eastern end of the peninsula, the land is in one block and divided into two long rectangular fields.
Running to a length of 750 metres, sales agent Stephen Gunne says this makes them ideal for tillage purposes, giving less wear and tear on machinery.
Flat free-draining land, the area has been historically famous for seed potato production.
This sale is rare due to the size of it — blocks of this size coming for sale in the Cooley Peninsula don’t happen often. Traditionally, if land is sold in the area, it would be closer to 10ac in size.
There is no guide price quoted for this property but land in the Cooley area has been selling for between €12,000 and €20,000/ac.
The auctioneers reported good interest due to the size and quality of the land, so expect it to fall towards the upper end of that price scale.
Overlooked by the Cooley and Mourne mountains, this farm could be of interest to both northern and southern buyers as the road network in the area has improved in recent years, especially to Northern Ireland.
There is also a ferry crossing adjacent to the land which goes between Greenore and Greencastle and only takes 15 minutes.
This farm is a little over 6km east of Carlingford and is 25km from both Dundalk and Newry.
An executor sale, the auction takes place on 28 February at 3pm in the offices of Property Partners Laurence Gunne at 74 Clanbrassil St, Dundalk, Co Louth.