An executor sale of a 76.5-acre holding at Doon, close to Tralee in North Kerry, has just come on the market.
According to selling agent Éamonn McQuinn of McQuinn Property Services in Tralee, this is a very desirable address, both from an agricultural and residential point of view.
“It’s about 5km north of Tralee town centre. It’s a very desirable place to live for residential property.”
The allure of this part of the world stems from the proximity to the services of a large town as well as its sweeping views over Tralee, the Slieve Mish Mountains, and the surrounding countryside.
“The key point with this holding is that it can be sold in two lots, the house with the yard and an acre and a half, the land on its own, or the entire holding.
“There are about 60 acres of the land which is arable and that is top-quality agricultural land. The balance of the lands are in need of maintenance.
This is land that has been neglected for the last number of years but fundamentally, there’s nothing wrong with it.”
There is an ample amount of road frontage, and Éamonn describes the layout of the lands as very accessible.
The property is located in what he describes as an excellent area for land.
“It’s really in a very sought-after area from both a residential and agricultural point of view so I’d expect there to be a considerable amount of interest in it.” From an agricultural property point of view, North Kerry is a well-known hot-spot where there are plenty of farmers waiting in the wings with the proceeds of Kerry group shares to invest in good quality land.
“Yes, they [the shares] will certainly drive it, because they’re going well at the moment, both the co-op ones and the plc ones.”
The house, Éamonn says, hasn’t been lived in for over a decade and is in need of refurbishment.
There are, however, all services connected to it, and similar fixer-uppers in the area have achieved strong results.
“It has uninterrupted views over Tralee town and into the Dingle Peninsula, so from a site point of view, you can’t get much better. There is precedent up there for those types of properties.”
The price guide is €850,000 altogether, composed of the house on one acre expected to fetch approximately €250,000 and the remaining lands achieving €600,000 to €650,000 (€8,000 to €8,700/acre).