Despite being offered in lots, it was the entire that generated the most money at the auction of a 64.6-acre farm at Coolroe, Clonegal, Co Carlow.
Selling agents John Dawson and Matthew Conry from Dawson Auctioneers, Tullow, offered the property in two separate lots initially.
The yard on 50.9 acres was bid to €525,000 while the remaining circa 14.2 acres peaked at €140,000. Although amounting to a combined total of €665,000, it wasn’t enough as bidding for the entire quickly progressed to €770,000, at which stage the farm was declared on the market. Another €5,000 secured the sale at €775,000 for a man with connections in the area. This works out at €12,000/acre.
The farm, which looks out towards the Coillte Nurseries at Ballintemple, is laid out in four fields and has been rented out for tillage for the last number of years. It came with an old farmyard and was regarded as top-quality land for the area.
97-acre Ballyconnell
farm sells after auction
The following day, the same agent offered a 97-acre residential farm at Crecrin, Ballyconnell, Tullow, for sale by auction.
Despite being withdrawn in its entirety at €780,000, the property sold after auction in a private deal for an undisclosed sum, but thought to be substantially higher than €780,000.
The buyer was a local farming family. Equidistant (five miles) from both Shillelagh and Tullow, this farm has always been in tillage and in grass, and in more recent years has been let out to local farmers. It’s only about a mile off the main Tullow/Shillelegh road and came with a two-storey farmhouse and a small range of outbuildings. It was guided in the region of €10,000/acre prior to auction.
€7,100/acre for athy land
To finish off the week, Dawson Auctioneers opened the bidding for a 55.59-acre residential farm at Castleheban, Athy, Co Kildare, at €230,000.
With the help of two main players, the sale price shot up to €395,000, at which stage the property was declared on the market. With no further movement, the hammer quickly fell at €395,000 to a Co Kildare-based buyer with farming connections in the area. This works out at €7,100/acre.
Approached down a long shared cul de sac, the Castleheban farm has been in pasture for many years and while offering much potential, is a farm that would greatly benefit from ploughing, liming and reseeding.
The property came to the market with an old-style cottage residence in need of refurbishment and a three-bay round roof shed with lean-to. It was guided in the region of €8,000/acre prior to auction.
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