42-acre holding ‘an attractive farm’

42-acre holding ‘an attractive farm’
Aerial view of marked 42a residential farm near Tipperary town.

The 24th of this month is the closing date for offers on a 42-acre residential holding near Tipperary town.

According to selling agent Matt Ryan of Tipperary-based auctioneers Matthew Ryan & Son, this is a very attractive farm that will suit a number of suitors:

“Yes, it’s a very nice farm. It has a nice three-bedroom bungalow residence and there’s good quality land on the holding. It’s all in grass and it wouldn’t really be suitable tillage ground, more suitable for a dairy or beef enterprise.”

The property is located in the townland of Soloheadbeg about 2km from Tipperary town and within easy commuting distance of Limerick City, which is about a 40-minute drive to the northwest.

Limerick Junction railway station is a 10-minute drive from the farm.

There is good road frontage with the holding, which isn’t conducive to being split into lots. According to the selling agents, the land is well sheltered and fenced and the buildings are in good condition but in need of some modernising.

“The bungalow is in good condition,” says Mr Ryan. “It just needs a bit of modernisation. It’s an executor sale here and the house was built in the 1970s. There are new PVC windows and doors and it’s slightly elevated above the road so it has some good southerly views.”

Accommodation in the house includes three bedrooms, sitting room, living room, study, kitchen, bathroom, utility room and hallway. The outbuildings consist of a three-column hay barn and four out offices.

The property was used as a dairy farm in its heyday but has been leased for a number of years.

“A small section of the land has been reseeded in recent years,” says Mr Ryan, emphasising that the land has been well cared for.

“The interest has been reasonably good,” he says of the reaction of the market so far. “Mainly, it’s of interest to farmers considering an add-on to an existing holding.”

Price expectation is €500,000 (€11,900/acre) to €525,000 (€12,500/acre).

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