GVM auctioneers has an appealing offering in the form of a four-bed residence with over 18ac of land on the outer fringes of Limerick city. The property is for sale by public auction on Friday 11 June.
Located at Ballinagarde near Ballyneety village, the land is laid out in one field on an elevated site that extends to circa 7.1ha (17.56ac). There is extensive road frontage on two roads and, given its proximity to urban areas, it could make a good site subject to planning.
The land is described as top quality and could easily lend itself to a multitude of purposes for the potential buyer. It could be used as a standalone small farm or as an outside grazing block or for beef or equestrian use.
The residence is a superbly located split level bungalow that stands on an elevated site with panoramic views of the surrounding countryside. While in need of refurbishment, the four-bed house comes with a kitchen/dining area, a lounge and an office, and it has enormous potential.
Set in a sought-after location, it is just 2km from Ballyneety village and is in close proximity to Ballyneety Golf and Country Club. Limerick city is also just a 15-minute drive away.
This property is available in one or two lots. Lot one consists of circa 17.5ac and the price reflects the quality of the land at €250,000, putting it at just over €14,000/ac.
Lot two is made up of the bungalow and 0.75ac, this has a guide price of €200,000. Lot three is the entire.
Given the upsurge in demand for rural houses, especially those close to urban areas, there is sure to be strong interest shown in this appealing package.
It goes under the hammer by public auction on Friday 11 June at 3pm in GVMs Limerick City auction rooms. All bidders must pre-register with GVM ahead of the sale.