Jordan Auctioneers, Newbridge
successfully sold c. 57 acres at Swiftsheath, Jenkinstown, Co.Kilkenny by
Public Auction on Thursday last for €570,000 equating to €10,000 per acre. The
holding was part of the historic Swiftsheath demesne, with its long history and
association with Dean Jonathan Swift.
Before a large attendance of about 25 people
in the Newpark hotel the entire was offered for sale in two lots. Lot 1 comprised
c.57 acres (c.23 hectares) with extensive road frontage and an original
farmyard. The land was a combination of grass (26 acres), forestry (13 acres)
and tillage (18 acres) and bidding opened at €400,000 with 3 bidders up to €570,000
at which stage Auctioneer Paddy Jordan consulted with the vendor and declared
the property on the market. There were
no more bids received before the hammer fell at €570,000.
Lot 2 comprised c.30 acres (c.12 hectares) located almost directly
opposite lot 1 above with good road frontage, currently in grass with a small
section planted extending to circa 7 acres. This lot was withdrawn and is
currently under negotiation.
The property was in an excellent
location between Kilkenny (12km) and Ballyraggett (9km) with easy access to the
City and is surrounded with good quality land and a well established farming
community.
Speaking after the Auction Paddy Jordan
said that ‘there was good interest in the
lands from the outset and it’s an area where very little comes for sale and
this is reflected in the price achieved’.
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