A 67.5ac residential farm has come on the market near Glanmire, Co Cork. The holding is at Killydonoghue T45 TD28 and is being sold by Brady Group by private treaty. The asking price is €2.25m.
This farm is in a very good location outside Cork City, at the first interchange on the M8 Cork to Dublin motorway. This puts it 11km from Cork City centre, 5km from Glanmire village and 22km from Fermoy.
Brady Group say that the farm has development potential as part of the land is located inside the Cork City Council boundary and the remainder within the Cork County Council administrative area.
The land lies in two blocks, separated by the M8 motorway. On one side is 61.78ac with the house and yard. This includes 45.08ac of top-quality land, 3.01ac with the house and yard plus 13.69ac of glen. On the other side of the M8 is 5.72ac. Of this, 0.59ac is suitable for a site.
The land is presently all in grass and under long-term lease to a neighbouring dairy farmer until 31 December 2024. The rent is €10,000 per annum. The land is well serviced with water, electricity, roadways and fencing.
The farmhouse is traditional and two-storey with PVC windows. Heating is by gas and also a solid fuel stove with back boiler. There are four bedrooms.
The farmyard contains three round-roofed sheds, each with lean-to. In recent years the sheds have been used as safe storage units for campervans and caravans. There are also some stone outhouses.
The property contains a telecommunications mast at the rear of the farmyard which brings additional income. This was €9,000 per anum but the contract is now expired and being re-negotiated. CL
