Adare is a name that catches the attention. It’s one of Ireland’s most admired towns, featuring a main street that is literally as pretty as a postcard, with its thatched roof houses, pleasant public park, and old-time atmosphere.
Since the outer ring road network around Limerick city improved in recent years (and with the promised Limerick-Cork motorway connection still to come), demand for land and property in and around Adare has sky-rocketed.
The demand comes from the residential sector as well as from the agricultural sector.
With more acres being used for road development and residential schemes, and with a growing population to feed, the squeeze on availability of agricultural land has been felt in this Golden Vale zone, where the full range of farming activities is well represented.
From a residential point of view, a growing number of people dream and plan to move from semi-d land in the Limerick suburbs out to the very accessible paradise of Adare.
A 42-acre residential farm holding on the outskirts of the famous town is currently attracting strong attention from both sets of clients, assuring a strong turnout when it will be put up for public auction on Friday, April 5 next.
The auction will take place at the Limerick City offices of GVM Auctioneers on Wentworth Street and auctioneer Tom Crosse is expecting a good turnout.
“This is really good land,” says Tom. “It’s located on the outskirts of Adare on the main road linking Adare to Croagh. The land enjoys extensive road frontage along the N21.”
The property also has the benefit of an old two-storey dwelling house. According to Tom, it’s in need of extensive refurbishment.
“It’s a really smashing location, and a lovely property overall. Adare is very much sought after, and we’d expect interest in it from the business community as well as the farming community. House property around Adare is very hot and there would be a lot of business people in Adare and Limerick that would be interested in having a house with a bit of land.”
The price expectation is predictably high at €750,000 (€18,000/acre).