Jordan
Auctioneers, Newbridge successfully sold 17.5 acres at Cutbush, The Curragh, Co.
Kildare by Auction on Thursday last for a figure of €525,000 equating to
€30,000 per acre.
Before
a small attendance of about 5 different parties bidding opened at €300,000 with
3 bidders up to €425,000 at which stage Auctioneer Clive Kavanagh put the
property on the market. Two bidders then fought it out before the hammer fell
at €525,000 to an unknown party.
The
lands were laid out in one block, currently in two divisions with frontage onto
the local road of approximately 130 metres. They were in arable use and there
are existing housing developments located to the north, west and south.
The
entire was within the village of Cutbush and it was estimated that circa 6
acres are zoned for ‘Settlement Expansion’ with the balance defined as
agricultural and having some long term development potential.
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