Friday, 30 October 2015

POST AUCTION - C.125 ACRES, RATHSALLAGH, DUNLAVIN, CO.WICKLOW



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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