REA Potterton sold two holdings in Co Meath in recent days. One was a 28ac holding with a derelict house at Bellewstown.
This farm is laid out in four fields, is in tillage and grass and was offered in lots. Lot one, the house on 0.7ac, opened at €65,000 and was bid on up to €110,000.
Lot two, the 27ac balance of the land, attracted two bidders. It was bid to €350,000, bringing the total offered for the lots to €460,000.
The entire then was put up. It opened at €470,000 and rose to €540,000, at which point it went on the market. There were then a further 43 bids which brought the bidding to €625,000, at which point it was sold.
“It worked out at €22,300/ac and was bought by a local person with interests in horses and farming,” auctioneer Thomas Potterton said.
He also auctioned 9ac at Cullentra, Longwood. The bidding opened at €90,0000 and three bidders took part in all. It was sold to a local business person at €210,000, equal to €23,333/ac.
45ac in Limerick sold for €430k
GVM Properties held a number of blended online and in-person auctions in recent days. They sold a 45ac non-residential farm at Ballyskiddane, Knocklong, Co Limerick.
There are two entrances from the public road to the land at Ballyskiddane, one of them being this nice recessed gateway.
The bidding opened at €400,000 and the property was knocked down at €430,000. The buyer was a local farmer.
“The bidding went up in bids of €10,000,” auctioneer Richard Ryan said. “It was a fast auction – it was over in four minutes.”
The 45ac at Ballyskiddane, Knocklong is nice land. It sold at auction - in about four mintues - for €430,000. GVM handled the sale.
58.5ac sold for over €10k/ac at Killmalock
The auctioneers also sold a 58.5ac farm at Ballyshane, Killmallock, Co Limerick.
Among the sheds in the yard at Ballyshane four-bay covered silage pits with lean-tos containing cubicle accommodation.
The farm received one bid of €500,000. Negotiations took place with the bidder and the farm was sold later for a price understood to be over €10,000/ac. The buyers were a local professional couple with a farming background.
The house at Ballyshane, Kilmallock - sold by GVM - has four bedrooms. The 58.5ac farm is within 8km of both Kilfinane and Ballylanders. The farm is understood to have sold for €10,000/ac.
GVM also sold a number of parcels of land at Robertstown, Shanagolden, Co Limerick. Five bidders registered to bid online and 10 bidders registered to attend on the day.
One of the parcels at Shanagolden sold at auction by GVM. It made €145,000 or €6,600/ac.
Lot one was 6.1ac and it made €155,000 or €25,400/ac.Lot two was 22ac of mixed-quality land and it made €320,000.Lot three was 5ac and it made €75,000.Lot four was 22ac and it made €145,000.Overall, the sale averaged €12,600/ac and 16 bidders took part.
“Lot one was the standout lot and it set a benchmark for land values going forward,” said GVM auctioneer Tom Crosse. “All buyers were local and either in business or farming.”
Two holdings sell under private treaty at Fort East, Charleville, Co Limerick
Kerry auctioneers Sherry Fitzgerald Stack sold two separate holdings at Fort East, Charleville, Co Limerick, by private treaty, to the same buyer.
The first was a 53ac residential holding, which also has a slatted cattle unit and other sheds. It made €750,000.
The second property was a 45ac non-residential farm. It sold for €400,000. The buyer of the two holdings is moving from the UK to Ireland.
Strong price for co Wicklow land
Quinn Property sold two Co Wicklow farms in recent online auctions.
The first was an 82ac holding at Craffield, Aughrim, with a derelict farmhouse and old sheds.
Quinn Property sold the house at Craffield, Aughrim, Co Wicklow, with 44ac - this was Lot 1 - for €575,000 to a Co. Wicklow based farmer. This equalled €13,000/ac.
The property was guided in the region of €725,000 or €8,850/ac for the entire and it was offered in lots. Ten parties registered to bid.
Lot one was 44ac with the house. It opened at €300,000 and rose to €420,000 in the first round of bidding. Lot two was 38ac with sheds and outbuildings. It opened at €250,000 and rose to €350,000. Bidding on lot three, the entire, opened at €780,000. Further bidding then took place on all lots. The entire was bid to a peak of €970,000. However, lot one was bid to €575,000 and sold at that to a Co Wicklow-based farmer. This equalled €13,000/ac. Lot two sold for €400,000 or €10,500/ac to a Dublin-based businessman. The total was €975,000.
“This was a very strong price for land in an upland part of Co. Wicklow,” auctioneer David Quinn said.
Tinahely land
The second farm was 51ac with hill rights at Moyne and Slieveroe, Tinahely, which was offered in three lots.
Lot one was 11.5ac with a derelict residence. It opened at €80,000 and rose to €95,000. Lot two was 19.5ac. It opened at €70,000 and six more bids brought it to €120,000. Lot three, the 20ac, opened at €70,000 and rose to €110,000.
After consultations, bidding resumed. Lot one went on the market at €120,000 and was sold at €133,000 to a local farmer. Lot two went on the market at €120,000 and was knocked down at €160,000 to a Wexford farmer after further bidding from four parties. Lot three went on the market after reaching €114,000 and the hammer fell at €118,000 to a local farmer.
The sum of the three lots equated to €411,000, well over the guide price of €350,000.
REA Potterton sold two holdings in Co Meath in recent days. One was a 28ac holding with a derelict house at Bellewstown.
This farm is laid out in four fields, is in tillage and grass and was offered in lots. Lot one, the house on 0.7ac, opened at €65,000 and was bid on up to €110,000.
Lot two, the 27ac balance of the land, attracted two bidders. It was bid to €350,000, bringing the total offered for the lots to €460,000.
The entire then was put up. It opened at €470,000 and rose to €540,000, at which point it went on the market. There were then a further 43 bids which brought the bidding to €625,000, at which point it was sold.
“It worked out at €22,300/ac and was bought by a local person with interests in horses and farming,” auctioneer Thomas Potterton said.
He also auctioned 9ac at Cullentra, Longwood. The bidding opened at €90,0000 and three bidders took part in all. It was sold to a local business person at €210,000, equal to €23,333/ac.
45ac in Limerick sold for €430k
GVM Properties held a number of blended online and in-person auctions in recent days. They sold a 45ac non-residential farm at Ballyskiddane, Knocklong, Co Limerick.
There are two entrances from the public road to the land at Ballyskiddane, one of them being this nice recessed gateway.
The bidding opened at €400,000 and the property was knocked down at €430,000. The buyer was a local farmer.
“The bidding went up in bids of €10,000,” auctioneer Richard Ryan said. “It was a fast auction – it was over in four minutes.”
The 45ac at Ballyskiddane, Knocklong is nice land. It sold at auction - in about four mintues - for €430,000. GVM handled the sale.
58.5ac sold for over €10k/ac at Killmalock
The auctioneers also sold a 58.5ac farm at Ballyshane, Killmallock, Co Limerick.
Among the sheds in the yard at Ballyshane four-bay covered silage pits with lean-tos containing cubicle accommodation.
The farm received one bid of €500,000. Negotiations took place with the bidder and the farm was sold later for a price understood to be over €10,000/ac. The buyers were a local professional couple with a farming background.
The house at Ballyshane, Kilmallock - sold by GVM - has four bedrooms. The 58.5ac farm is within 8km of both Kilfinane and Ballylanders. The farm is understood to have sold for €10,000/ac.
GVM also sold a number of parcels of land at Robertstown, Shanagolden, Co Limerick. Five bidders registered to bid online and 10 bidders registered to attend on the day.
One of the parcels at Shanagolden sold at auction by GVM. It made €145,000 or €6,600/ac.
Lot one was 6.1ac and it made €155,000 or €25,400/ac.Lot two was 22ac of mixed-quality land and it made €320,000.Lot three was 5ac and it made €75,000.Lot four was 22ac and it made €145,000.Overall, the sale averaged €12,600/ac and 16 bidders took part.
“Lot one was the standout lot and it set a benchmark for land values going forward,” said GVM auctioneer Tom Crosse. “All buyers were local and either in business or farming.”
Two holdings sell under private treaty at Fort East, Charleville, Co Limerick
Kerry auctioneers Sherry Fitzgerald Stack sold two separate holdings at Fort East, Charleville, Co Limerick, by private treaty, to the same buyer.
The first was a 53ac residential holding, which also has a slatted cattle unit and other sheds. It made €750,000.
The second property was a 45ac non-residential farm. It sold for €400,000. The buyer of the two holdings is moving from the UK to Ireland.
Strong price for co Wicklow land
Quinn Property sold two Co Wicklow farms in recent online auctions.
The first was an 82ac holding at Craffield, Aughrim, with a derelict farmhouse and old sheds.
Quinn Property sold the house at Craffield, Aughrim, Co Wicklow, with 44ac - this was Lot 1 - for €575,000 to a Co. Wicklow based farmer. This equalled €13,000/ac.
The property was guided in the region of €725,000 or €8,850/ac for the entire and it was offered in lots. Ten parties registered to bid.
Lot one was 44ac with the house. It opened at €300,000 and rose to €420,000 in the first round of bidding. Lot two was 38ac with sheds and outbuildings. It opened at €250,000 and rose to €350,000. Bidding on lot three, the entire, opened at €780,000. Further bidding then took place on all lots. The entire was bid to a peak of €970,000. However, lot one was bid to €575,000 and sold at that to a Co Wicklow-based farmer. This equalled €13,000/ac. Lot two sold for €400,000 or €10,500/ac to a Dublin-based businessman. The total was €975,000.
“This was a very strong price for land in an upland part of Co. Wicklow,” auctioneer David Quinn said.
Tinahely land
The second farm was 51ac with hill rights at Moyne and Slieveroe, Tinahely, which was offered in three lots.
Lot one was 11.5ac with a derelict residence. It opened at €80,000 and rose to €95,000. Lot two was 19.5ac. It opened at €70,000 and six more bids brought it to €120,000. Lot three, the 20ac, opened at €70,000 and rose to €110,000.
After consultations, bidding resumed. Lot one went on the market at €120,000 and was sold at €133,000 to a local farmer. Lot two went on the market at €120,000 and was knocked down at €160,000 to a Wexford farmer after further bidding from four parties. Lot three went on the market after reaching €114,000 and the hammer fell at €118,000 to a local farmer.
The sum of the three lots equated to €411,000, well over the guide price of €350,000.
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