€10,000/ac turns into the baseline as sturdy costs proceed to be paid

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Whereas some auctioneers report a scarcity of land on the market, generally the bottom making it to the public sale rooms continues to promote properly.

25ac farm owned by Gavin Duffy of Dragon’s Den fame made a stable return for the investor when offered for €377,000 or €15,000/ac beneath the hammer of Thomas Potterton final week.

Beside Bellewstown Racecourse and 12km from Drogheda, the holding produced a crop of potatoes in 2021 and is at the moment beneath winter wheat.

Specified by two divisions it has highway and river frontage to Newhaggard Lane and the River Nanny.

It offered to a phone bidder, a businessman from exterior the realm.

80ac at Loughbawn Lake makes €805,000

On the identical public sale Mr Potterton offered an 80ac non-residential farm overlooking Loughbawn Lake on the Meath-Cavan border for €805,000.

At over €10,000/ac it properly exceeded its information of €8,000/ac.

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An 80ac non-residential farm overlooking Loughbawn Lake on the Meath-Cavan border made €805,000 beneath the hammer.

The versatile farm, 7km from Collinstown and 11km from Oldcastle, is specified by giant divisions with highway frontage in two locations and serviced by an inner roadway.

The yard has a two-column unfastened shed with cattle-handling services.

It offered to a neighborhood businessman with farming pursuits. 

West Wicklow land sells for €15,630/ac

A 62.7ac holding at Ballyrahan, Tinahely, Co Wicklow offered in two tons (of 20.5ac and 42.2ac) at David Quinn’s public sale final week, making a mixed €980,000 or about €15,630/ac.

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A 62.7ac holding at Ballyrahan, Tinahely, Co Wicklow offered in two tons at public sale final week making a mixed €980,000 or about €15,630/ac.

Located 4km from the villages of Tinahely and Shillelagh with loads of highway frontage, the farm was half of a bigger dairy holding and described as good-quality floor suited to crops or grazing.

The 20.5ac offered for €410,000 to a neighborhood farmer, whereas the 42.5ac went for €570,000 to a neighborhood dairy farmer.

 

Wexford parcel doubles pre-sale information worth

In one other public sale Mr Quinn offered a 13ac piece of floor at Skeeter Park, Bargy Widespread, 3km from Cleariestown, Co Wexford for €200,000 or €15,400/ac — nearly double the pre-sale information of €8,000/ac.

The land is in two grass fields with loads of highway frontage.

34ac Tipp farm makes €620,000

In a sealed bid sale performed by Matt Ryan, a 34ac residential holding at Mount William, Kilfeacle, 7km from Tipperary city, made €620,000.

It had been guided pre-auction at €500,000.

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A sealed bid sale performed by Tipperary auctioneer Matt Ryan a 34ac residential holding at Mount William, Kilfeacle, 7km from Tipperary city, made €620,000.

The roadside holding is made up of grazing lands in three fields, a three-bedroom home in good situation and a small farmyard of a three-column haybarn with lean-to, a milking parlour, a dairy and a cow byre.

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