Jordan Auctioneers, Newbridge successfully sold 46 acres on Friday last
following post auction negotiations. Before an attendance of around 30 people
the property opened with an initial bid of €350,000 with three active
purchasers increasing their offers €430,000. Following this there were only 2
bidders up to €520,000 at which stage the entire was withdrawn and a deal
agreed afterwards with a Solicitor acting in trust for a client. The farm was
located in the townslands of Dysartbeigh and Knockanina on the edge of
Mountrath with frontage onto the old N7, now the R445 Limerick road.
The property extended to a total area of circa 18.61 hectares (c.46
acres) with farmhouse and yard. The residence is approached via a
tarmacadam avenue set back from the road and it comprises a two storey
traditional farmhouse and a small traditional farmyard to the front of the
house with a number of out- houses, cow sheds, 6 span hay shed and a lofted
store.
The land is currently all in grass laid out in a number of divisions
with mature boundaries and good shelter. There is frontage onto the R445 and
also access to the holding via a laneway to the north-west. The entire has been
well farmed and managed with piped water to the various divisions and is
suitable for arable or grazing purposes.
Under the Development Plan a section of the land is zoned ‘Enterprise & Employment’ (circa 14
acres) with an additional area zoned ‘Residential
2’ (circa 4.5 acres). The balance of the holding is outside the settlement
boundary.
Both the vendor and purchaser are delighted with the outcome of the
sale.
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