Friday, 12 August 2016

Post Auction Editorial 106 A Halverstown, Kilcullen


Jordan Auctioneers, Newbridge successfully sold 106 acres in lots at Halverstown, Kilcullen, Co.Kildare on Thursday last for a combined figure of €890,000.

The first lot offered was the Cottage on 1.36 hectares (3.36 acres) which opened with an initial bid of €100,000 with 3 active purchasers up to €170,000 at which point following consultation with the vendor this lot was placed on the market before there were two final bids were received and it was sold for €180,000. The purchaser is hoping to renovate the cottage and according to Clive Kavanagh of the selling agents this lot had generated ‘extensive interest throughout the marketing campaign, due to its good location and accessibility to a range of destinations’.

The second lot offered comprised 41.78 hectares (103.24 acres) & old yard, a portion of the land had been re-instated from its previous use as a quarry. The land was all in one block with circa 68.5 acres in winter wheat and 34.5 acres in grass. The wheat crop was included in the sale and this lot opened with an initial bid €500,000 with two bidders up to €700,000 at which point the property was placed on the market with two further bids before it was sold for €710,000 to a local man. Jordan’s had been quoting €700,000 for this lot and speaking afterwards Clive Kavanagh of the selling agents reported that ‘the guide price had generated interest in the sale considering the price of land in the County has traditionally been strong and this represented an opportunity to purchase a good sized  block at an affordable level’

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