Friday, 11 May 2018

POST AUCTION PRESS RELEASE - 10 ACRES AT CLONEEN, BALLYBRITTAS, CO. LAOIS




Jordan Auctioneers, Newbridge successfully sold 10 acres of agricultural lands close to Ballybrittas, Co. Laois by Public Auction on Thursday last for an exceptionally high price of €177,500.

Before an attendance of about 15 people bidding was lively throughout. The property opened with an offer of €100,000 and with 3 active purchasers up to €155,000 the property was placed on the market. Two parties fought it out before the hammer dropped at a price of €17,750 per acre to a local farmer.

The property was located just off the old N7 National Primary Route between Monasterevin & Portlaoise approximately 2.5km from Ballybrittas and 3.5km from Killenard. The entire was all in permanent pasture with mains water supplied but had been sterilised from future development as part of an historic Planning Application.

Speaking after the Auction Clive Kavanagh said the ‘land had generated substantial interest from the outset and although Planning Permission would be difficult to obtain it is likely a local based person with strong connections to the area might be able to achieve a favourable outcome’.


http://www.jordancs.ie/residential/brochure/10-acres-at-cloneen-ballybrittas-laois/4225383

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