€1.8m guide price for Cashel grass farm

The 130-acre holding for sale at Giantsgrave near Clonmel.

Cashel Marts had a number of successful public auctions last year, but are currently offering a large grass farm in South Tipperary by private treaty.

At least, that’s the story so far, says selling agent Alison De Vere Hunt. “We’ll stick with private treaty, and see how we’ll get on,” says Alison.

“It’s in one block and just outside the town of Clonmel.

“The land is of superior quality and is suitable for many farming enterprises. It’s a great piece of ground, all in grass, with access from two roads, the R688 main Cashel to Clonmel Road, and the Giantsgrave Road.”

With excellent road frontage about 2km from Clonmel, and covering the townlands of Ballyveelish North and Ballyveelish South, it’s in the area intriguingly known as Giantsgrave, and there are stunning views of the famous mountain of Slievenamon.

An attractive old dwelling is now derelict, but waiting, perhaps, for the right buyer to bring it back to its old charming self.

But this property is all about the land.

“This land is suitable for many farming enterprises and is of superior quality,” says Alison.

“There are some old outbuildings on it too, but they’re not in great condition.

“It’s all about the land. It’s an exceptional piece of ground in an exceptional location,” says Alison, who adds that she is guiding the farm at a “conservative” figure of €14,000 per acre.

In most parts of the world, this might sound very bullish, but prices in the area have remained exceptionally strong over the last year or so, and larger holdings seem to be in even more demand than smaller blocks of land, so it would no surprise to see this farm achieve something in the region of €20,000 per acre.

“We’ll see how we go,” says Alison, “but it is a great piece of ground. There’s water on it as well, and a large block of quality land like this one will be in strong demand.”

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