110-acre tillage farm in west Dublin

A superbly located circa 110.77-acre tillage farm situated at Kilmartin House and farm, Hollystown, Dublin 15, has just arrived on the market this week.

Just five miles from Blanchardstown and within easy reach of the M3 (Dublin/Cavan) and the M2 (Dublin/Monaghan) motorways, the property comes to the market with extensive grain drying and storage facilities, a 5,100 square feet residence and a gate lodge. It was only launched to the market in recent days by selling agent Ganly Walters, Dublin.

Given its strategic location, just a field away from the housing estate and golf course at Hollystown and within close proximity to the housing estates in Tyrrelstown and the industrial Park in Damastown, the property is likely to offer a substantial level of future hope value. In fact, the field that divides it from the housing estate at Hollystown is zoned Residential Area R1 – new/proposed residential. Already, there are a range of roundabouts and service roads in place in the vicinity, which should bode well for any future development projects.

Despite being currently zoned agricultural, such hope value is clearly reflected in the €2m guide price for Kilmartin House and Farm.

At circa €18,000/acre, it certainly represents higher than agricultural value for bare land, but the property does come with a residence, grain storage facilities, a prime location and a substantial amount of dual road frontage.

Just five minutes’ drive from the M50, Kilmartin is set out in one circa 110-acre block. Presently let out, the land has been used for tillage for a long number of years and would be regarded as “the best of land”.

Laid out in just five principle fields and a paddock, the land is currently sown to winter cereals, the majority of which can be accessed from a central farm roadway.

Approached from a lovely tree-lined avenue, Kilmartin House is a two-storey residence that extends to 5,155 square feet. While the house itself hasn’t been lived in for the past 15 years and requires updating, it offers big bright spacious rooms, a sweeping staircase and a one-bed staff apartment to the rear.

Residential accommodation includes three large reception rooms, kitchen, utility, office, conservatory, two bathrooms and five bedrooms. At the entrance to the property lies a spacious two-bed bungalow/gate lodge.

The farmyard has all the hallmarks of an extensive grain handling operation. Accessed from its own hardcore entrance, the yard features three 12-bay grain stores, a weighbridge, a dryer and a number of silo stores.

In addition, there is a 10-bay machinery shed, a three-bay workshop, a large area to stack bales and three-phase electricity. Both the house and yard are sheltered by lovely mature trees and hedges.

As part of a 10-year lease with Vodafone Ireland, a Vodafone mast also stands on the property which generates a rental income of €8,500. This agreement commenced in September 2012.