Early signs from the auction rooms would indicate that big prices will be the order of the day for the year ahead.
A 14ac parcel of ground with more than 300m of road frontage at Milestown, Dunboyne in Co Meath made €310,000, or €22,142/ac, in an auction conducted by Eamon O’Flaherty of Sherry FitzGerald Brady O’Flaherty. The pre-auction guide price was €250,000, or €17,850/ac.
The ground is in stubbles at the moment and while tilled in recent years is described by Eamon O’Flaherty as top-quality land suitable for any farming purpose.
Set in good country, it is close to Ballymacoll Stud and just over 4km south of Dunboyne. With the appropriate planning permission, it could be suitable for a house.
Bidding opened at the guide figure, with four registered online bidders. Matters were slow at the start but moved on quickly as three bidders stayed the course with 21 bids. When the gavel fell, a local buyer with farming interests won the day.
Auctioneer Eamon O’Flaherty said the farm drew exceptional interest — “we had over 60 enquiries from both locals and beyond, and, in the end, it was great to see the local interest winning on the day,” he said.
Commonage: a 1/16th share of 999ac was included in the sale of this 21ac farm at Carrauntoohill
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Commonage: a 1/16th share of 999ac was included in the sale of this 21ac farm at Carrauntoohill
Carrauntoohill
The last farm on the climb to Carrauntoohill was sold recently after being withdrawn from auction. The 21ac holding, with an old cottage and a 1/16th share of 999ac of commonage at Meallis, Beaufort, Co Kerry made €280,000 under the hammer of Tom Spillane.
For those who have climbed or climb Carrauntoohill, the climb starts at Cronin’s yard and the farm that sold recently is just inside Cronin’s yard.
In a beautiful setting in the foothills of the MacGillycuddy Reeks, the holding is centred around a lovely traditional cottage in need of full refurbishment.
The 21ac farm at Carrauntoohill, Co Kerry included a traditional cottage in need of refurbishment
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The 21ac farm at Carrauntoohill, Co Kerry included a traditional cottage in need of refurbishment
The land is made up of 21ac of grazing ground and the sale includes a 1/16th share in 99ac of commonage along with 29.84 entitlements.
At auction there was keen interest in the holding and matters opened up when Tom Spillane accepted a bid of €200,000. Three bidders showed cause and in three bids drove the price to €250,000 when the auctioneer called a recess to consult with the vendors. On return, two further bids brought the price on offer to €270,000 and the property was withdrawn at that point.
Negotiations continued with the highest bidder and a price of €280,000 was agreed. A local farmer won the day, paying a price of €13,333/ac for the property.