€13,500 per acre expected for 54 acres near Donoughmore

One of the sections of the 54-acre farm for sale near Donoughmore, Co Cork

Donoughmore in mid-Cork is synonymous with progressive dairy farming, and whenever a substantial quantity of ground comes up for sale in this area, a certain amount of clamour ensues.

That seems to be the case with a farm new to the market, for sale with experienced Ballyhooly-based auctioneer Paul O’Driscoll.

The agent offers a 54-acre non-residential holding in the townlands of Coolmona and Gowlane South, approximately 18km north-west of Blarney, and just to the north of the villages of Donoughmore and New Tipperary.

Mallow and Banteer are both approximately 20km away, placing this farm (which as a large amount of road frontage) in a well- located crossroads area.

Farming traditions run deep in this part of the world, with the old Butter Road network running right through these fertile lands and helping the historical development of market towns such as Kanturk, Banteer and Donoughmore.

Overall, it’s an area of fertile plains and a good road network, elements that support a strong and vibrant farming scene based mostly around the dairying sector.

“This is good quality land,” says Paul.

“It’s a dairy farm, and all in grass.

“You have the main block which incorporates the yard, and that’s around 27 acres.

“Then, the second portion is around 13 acres.

“It’s in two fields and there’s a central road going down through both sections. It’s divided up into paddocks.

The farm is divided by a minor public road off the R619.

“The yard incorporates one large shed with two lean-to structures on the sides.

“There are cubicles also and a large concrete yard, effluent tank and cattle crush.

“There’s great road frontage all around.

“The next portion is an approximately 14-acre block in the townland of Gowlane South.

“It’s about a kilometre away from the Coolmona sections.

“The owners used this block for cutting silage. It’s a nice dry piece of ground.”

The generous length of road frontage, coupled with the farm being in two parts. means that the holding lends itself to division into lots.

And the selling agents have listed it as such, giving potential buyers the option to buy the farm in parts or as a whole.

Lot 1 consists of the entire holding, the 54 acres in the townlands of Gowlane South and Coolmona.

Lot 2 contains the yard and outbuildings on about 27 acres at Coolmona.

Lot 3 is the next-door 13-acre parcel of land in Coolmona.

Lot 4 is the separate 14-acre piece of land in Gowlane South.

According to Paul, there has been good interest in the land so far, to be expected, he says, in such a strong agricultural area.

“There are a lot of strong farming operations in the area, the majority of them would be dairy farms.”

The price guide is in the region of €13,500 per acre.

It’s a strong expectation. but this is in one of the stronger farming areas of Munster.

History has proven that such land, in relatively smaller parcels, should be at this area of the pricing spectrum.

There are entitlements going with the land too, and more details on these can be obtained from the selling agent.

It will be interesting to see how this farm will eventually be sold, whether in one lot or in several lots.

Given the plethora of medium-sized farming operations within close proximity, one would expect that most of the interest would be in the form of a number of different parties buying smaller lots.

However, the entire holding doesn’t extend beyond 54 acres, meaning that it’s well within the reach of many farmers looking to expand their holdings.

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