A 32ac farm at Ploughlands, Croom, Co. Limerick has sold for €575,000 at auction. The farm is located just a few minutes’ drive from Croom.

It has a private well, a mains water supply at the road and an electricity connection. The land is in pasture.

The farm was sold by GVM Auctioneers with Tom Crosse conducting the sale.

Bidding opened at €350,000. Multiple bids followed from both online bidders and attendees in the room, lifting the price to €565,000.

Following a brief recess and consultation with the vendors, the land was placed on the market. Two further bids of €5,000 each were made.

The sale price equals approximately €18,000/ac. The buyer is a local businessman and the underbidder was a dairy farmer, Tom Cosse said.

€16,660/ac in Laois

Elsewhere, two bidders competed to buy a 39ac non-residential farm at Tolerton, Ballickmoyler, Co Laois in an auction held by Joe Coogan Auctioneers. Bidding opened at €450,000 and moved on to €520,000 at which point the farm was withdrawn.

After an hour of negotiations, the property was sold for a price in the region of €650,000, equal to

€16,660/ac. The buyer was an auctioneer acting for a Co Kilkenny dairy farmer.

Also in Laois, Jordan Auctioneers sold a 35.31ac farm prior to auction. This farm is close to Mountrath and the M7 motorway and has a yard with hayshed and a lean-to. The property includes a bungalow in good condition.

The agents said that the property was sold for above the €405,000 guide price to a local buyer who has farming interests.

Residential Co Galway farm

David Moggan Property Consultants sold a c72ac farm at Pollnahallia, Belclare, Tuam, Co Galway for €650,000. This holding has a traditional style storey-and-a-half farmhouse in need of renovation. There is also a farmyard with a hayshed and other smaller sheds.

Ivan Connaughton Auctioneers sold a 11.95ac holding at Coollusty, Athleague, Co. Roscommon for €130,000 or approximately €10,840/ac.

The holding is located adjacent to Athleague, on the Rahara to Athlone road. The land was recently reseeded and has stock proof fencing and a mains water supply.

Ivan Connaughton sold c11.95ac at Coolusty, Athleague, Co Roscommon for €10, 840/ac.