A compact 40-acre parcel at Killina, Rahan, Co Offaly, sold at auction last week for €290,000. Peter Scully of GVM Auctioneers, Tullamore, said a decent crowd of 20-25 people attended, with two active bidders.
The farm, which is in one block, is currently under grass and includes livestock accommodation. Bidding opened at €230,000 and increased steadily before being knocked down to a farmer about 10 miles down the road for €7,250/acre.
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A compact 40-acre parcel at Killina, Rahan, Co Offaly, sold at auction last week for €290,000. Peter Scully of GVM Auctioneers, Tullamore, said a decent crowd of 20-25 people attended, with two active bidders.
The farm, which is in one block, is currently under grass and includes livestock accommodation. Bidding opened at €230,000 and increased steadily before being knocked down to a farmer about 10 miles down the road for €7,250/acre.
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