Jordan Auctioneers,
Newbridge successfully sold 125 acres at Rathsallagh, Co.Wicklow by Public
Auction on Thursday last for the sum of €930,000 equating to almost
€7,500 per acre. The land was in a mixture of uses with 61 acres in tillage, 30
acres in grass and 34 in woodland.
Before a small
attendance of circa 10 people there were 3 bidders from the outset and the
entire opened with an initial offer of €650,000 going up to €850,000. After a
brief consultation with the vendors two more bids were received and the entire
was placed on the market at €870,000. Two parties fought it out before the
hammer dropped at €930,000 to a Solicitor acting in trust for his client.
The land had frontage
onto the Dunlavin, Grangecon road and was convenient to Kilcullen and
Baltinglass. Jordans had been quoting €825,000 prior to the Auction.
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