A large block of top-quality, arable-grade land has come on the market in Burt, Co Donegal.

The property runs to 157ac in total and the sale is being managed by real estate firm Savills Country.

The farm is for sale by private treaty, and it has a guide price of €2.75m, equivalent to €17,515/ac.

Ballymoney Farm is located on the banks of Lough Swilly and is 14km from Derry and 24km from Letterkenny.

It is made up of 146ac of tillage land, 3ac of grassland and 4ac of scrub.

The farm runs from 2m above sea level to a high point of 61m altitude.

The farm has a guide price of €2.75m.

There is 1.4km of road frontage and 1km of water frontage. In addition, there is a centrally located farmyard which includes a general-purpose shed, former livestock buildings, and an area of hard standing.

With a derelict cottage and outbuildings towards the south of the property, plus another derelict cottage on the western side, there is plenty of redevelopment potential.

Entitlements for the Basic Income Support for Sustainability (BISS) scheme are also included in the sale.