A land holding in Co Kilkenny which had a guide price of €12,000/ac went on to fetch almost €18,000/ac when sold at auction.
The c21.6ac was at Pleberstown, Thomastown and was sold in an online auction by Quinn Property.
The land was in four fields and permanent pasture and had a natural water supply on its southern boundary.
ADVERTISEMENT
Eight individuals registered to bid in the auction. Bidding opened at €200,000 and five bidders competed, bringing the bidding to €320,000. At this point the property was declared to be ‘on the market’, having reached its reserve.
Two bidders competed after this with the hammer ultimately falling at €385,000, equal to €17,824/ac. The buyer is understood to be a Co Kilkenny based business person.
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
A land holding in Co Kilkenny which had a guide price of €12,000/ac went on to fetch almost €18,000/ac when sold at auction.
The c21.6ac was at Pleberstown, Thomastown and was sold in an online auction by Quinn Property.
The land was in four fields and permanent pasture and had a natural water supply on its southern boundary.
Eight individuals registered to bid in the auction. Bidding opened at €200,000 and five bidders competed, bringing the bidding to €320,000. At this point the property was declared to be ‘on the market’, having reached its reserve.
Two bidders competed after this with the hammer ultimately falling at €385,000, equal to €17,824/ac. The buyer is understood to be a Co Kilkenny based business person.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS