Jordan Auctioneers, Newbridge successfully sold Baden Lodge on The
Curragh by Public Auction on Wednesday last for a combined figure of €505,000. The entire comprised an old cottage (in need
of complete renovation) with small yard on 37.5 acres of mostly top quality
land adjoining Sheshoon Stud, owned by the Aga Kahn.
Before an attendance of about 20 people, the property was sold in
two lots. Lot 1 comprised 14.84 hectares (36.6 acres) all in one block
with extensive road frontage and natural boundaries throughout. This lot opened
with an initial offer of €300,000 before it was sold to a farmer from the
general locality for a sum of €355,000.
Lot 2 comprised Baden Lodge and Yard on circa 0.36 hectares
(0.89 acres). This was a charming
property set back from the road and surrounded by mature timber
and an array of old flowers and shrubs. In need of a complete renovation, the property
dates back to the 1800s. Also included in this lot was a yard to the rear of
the cottage, with three-span hay shed, two lean-tos and some other old
outbuildings. Bidding for this lot opened at €100,000 before it was sold to a
young couple for the sum of €150,000.
Speaking after the Auction selling agent Clive Kavanagh commented
that the ‘location, and quality of the
land had been the primary force behind the strong interest generated. Coupled
with this was the fact that the cottage offered renovation / replacement
options to purchasers’. The owners were delighted with the result and
wished the new purchasers every success.
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