POST AUCTION EDITORIAL - 93 ACRES AT BOGGANSTOWN, DRUMREE, CO. MEATH

Jordan Auctioneers, Newbridge successfully sold a superb block of land with an old Farmhouse and Yard on approximately 93 acres at Bogganstown, Co.Meath by Public Auction for €830,000 on Wednesday last.

Before an attendance of around 25 people the land was offered for sale in two lots but it quickly became evident that the interest was for the entire property. Bidding opened at €775,000 with two active bidders for the entire holding up to €810,000 at which stage the property was placed on the market.

Two final bidders fought it out before the hammer fell at €830,000 equating to just under €9,000 per acre. One of the strongest selling points according to Auctioneer Clive Kavanagh was ‘it’s accessibility to the M4, M3 & the Airport’.

The property included a farmhouse, in need of renovation and a number of sheds including stone outbuildings. The land was all in grass, in good sized divisions with some superb mature timber. The property was bought by a Solicitor acting in trust for an undisclosed client.

http://www.jordancs.ie/residential/brochure/c-93-5-acres-at-bogganstown-drumree-meath/4277205

POST AUCTION PRESS RELEASE - 39 ACRES AT OULART, CO. WEXFORD

Jordan Auctioneers, Newbridge successfully sold 39 acres of top quality agricultural lands at Oulart, Co.Wexford by Public Auction on Wednesday last. Before a good attendance of around 20 people bidding opened at €300,000 with 2 active purchasers bidding up to €480,000. At this point the Auctioneer consulted with the vendors and the entire was placed on the market before another 2 bids were forthcoming and the hammer fell at €490,000 equating to €12,600 per acre.

The property was in an excellent location halfway between the towns of Gorey and Wexford. The lands are currently in stubble and laid out in 2 divisions. They are described by Clive Kavanagh of the selling agents as ‘excellent quality suitable for any number of uses’. In addition to this there was a derelict farmhouse & yard which provided some potential for a new purchaser to apply for Planning Permission for a replacement.

The eventual purchaser is believed to be from the locality and Clive is quoted as saying that the ‘land had generated good interest from the outset’ and the vendor was delighted with the overall result.

http://www.jordancs.ie/residential/brochure/c-39-acres-with-derelict-farmhouse-oulart-wexford/4276434