A substantial holding has come to the market in Ballymalonemore near Ballina in Tipperary, encompassing 105 acres. The offering is brought to the market by Raymond Fee of Fee and Associates Auctioneers. It is being offered by auction on 5 June in Killaloe, Co Clare.

Breaking down the property, it is divided into two main lots. The first is a circa 60-acre package of forestry. Planted in 2004, there are seven years of payments left. The payments total €11,000/year. The forestry consists of mostly Sitka Spruce, with other species such as Japanese Larch.

The remaining land consists of 45 acres of good-quality Tipperary land. This contains cattle-handling facilities, is well fenced and has a water supply. It is guided for circa €10,000/ac.

According to Fee, this would represent a good investment for someone looking for a once-off site, to farm small acreage and receive the payments off the forestry.