Coming up for public auction on March 20 is a 57-acre block of good-quality agricultural land located in the south of Co Limerick.
The public sale is due to take place just over the border in Co Cork, in the Charleville Park Hotel at 3pm.
Selling agent and auctioneer Joe Wheeler, based at Hospital, Co Limerick looks forward to a good turnout in Charleville.
It’s a town synonymous with a strong dairy farming tradition that stretches way back to the first days of the co-operative movement and, by extension, one of the birthplaces of the great industrialisation of Irish dairy farming which has led to its significant place in the global agri-food sector.
“In a year that might not see many farms come to the market in South Limerick,” says Joe, “this farm offers the opportunity to acquire a reasonably sized parcel of top-quality land in the heart of the Golden Vale.”
The residential farm is located in the townland of Howardstown, Bruree, just to the east of the N20 (the main Cork-Limerick road), approximately midway between Croom (Co Limerick) and Charleville (Co Cork).
Croom is 10km away while Charleville is 11km to the south.
Kilmallock is approximately 11km to the south-east of this farm.
There should be no shortage of strong local interest, therefore, when the big day comes around.
The holding is split into two parts, with the bulk of it comprising a 44-acre residential parcel (Lot 1), while the second section — located just a few hundred metres away to the east— is a long narrow strip of 13 acres (Lot 2), with good roadside access.
It must be said that both lots have roadside access and are in good condition, according to the selling agents.
In Lot 1, the land abuts the River Maigue on its northern boundary, and consists of “top quality land laid out in six main divisions,” according to Joe.
The house is in reasonably good condition.
A bungalow with a porch extension, it has oil-fired central heating and uPVC windows.
It has three bedrooms; a kitchen-dining room with tiled floor and fitted units; two reception rooms (one with a solid fuel cooker and one with a fireplace); a porch; bathroom; and separate toilet.
The outbuildings include a three-bay barn, a lean-to, and a number of traditional buildings.
The property has good frontage from one of the larger five-acre fields, and the house is accessed via an avenue from the roadway.
The land has been let for the last number of years to local dairy farmers, but has been well maintained, and both parcels enjoy good fencing all the way around.
Dairy farming is the main activity in this location, but that isn’t to say that this holding won’t be of interest to a number of other sectors.
“The farm would make an ideal mini-stud,” says Joe, “or an addition to any nearby dairying enterprise.”
It’s an interesting point to make, as the equestrian sector has been conspicuous by its strong and active presence in the property market in the Golden Vale over the last twelve months.
In terms of price, the guide is quoted at “€8,000 to €10,000 per acre”, a rather conservative level, given the location and quality of what’s on offer.
The truth of its value will be writ large on the day itself.
Expect a strong auction attendance consisting of local dairying and beef interests and perhaps the odd equestrian personage or two.