A 42.5ac block of land is for sale near Killeagh, Co Cork. It’s being sold by CCM Property Network by private treaty with an asking price of €12,000/ac.

The land is located in the townland of Coolcap. The area is approximately 4km from Mogeely, 5km from Dungourney, 14km from Midleton and 21km from Youghal.

The land – which is in permanent pasture – is described by the auctioneers as being good quality with no waste.

It has water supply from a stream. The boundaries are well fenced and it has road frontage.

“This is a quality piece of farmland suitable for use as an outside farm block or it would be an ideal investment opportunity yielding a tax free income,” manager of CCM Property Network Eamon O’Brien said.

The land is described by the auctioneers as good quality with no waste.

This is a probate sale, he said, and the instructions of the late landowner are that the sale proceedings are to be donated to the Augustinians.

Eamon O’Brien said that if the holding does not sell in coming weeks it may go to auction in January.