Farm for sale with Advised Minimum Value of only €4,600 per acre

Farm for sale with Advised Minimum Value of only €4,600 per acre

The world of public auctions has undergone a good deal of change over the last decade or so.

In property sales generally, a move away from public auctions towards private treaties was replaced by public auctions after the downturn, whether for selling houses or selling farmland.

In the case of the housing market, the online auctions began to assert themselves, often putting up several lots at once, with the temptation of getting some very good bargains.

A couple of companies in Ireland have become specialists in this kind of online auction, whose popularity and success rate has increased exponentially in recent years.

Douglas-based DNG Creedon is now one of the country’s top online public auction specialists, and at their next public auction on Thursday, February 13, they will be including some land holdings, including a 39-acre block located near Cashel, Co Tipperary.

According to selling agent Shane Finn, approximately 33 acres of the holding are suitable for summer grazing or silage growing, with another two acres more suited to forestry.

The remaining acreage consists of the land around the slatted unit.

This, the agents say, is a three-bay double-sided unit measuring approximately 45ft by 45ft.

The farm is approximately 10km north of Cashel, 6km from Horse-and-Jockey, and within a kilometre of the M8 Dublin-Cork motorway — in other words, a highly sought-after location.

The property features excellent road frontage with all of the northern boundary of the lands formed by a public road.

The AMV (Advised Minimum Value) for the property is set at €180,000, or €4,600 per acre.

On the face of it, this would appear to be a very tempting price for land in this part of the world, and it will be interesting to see how this block of agricultural land fares in the online auction on February 13.

More on this topic

Farming as it’s ferment to be? Korean natural farming in IrelandFarming as it’s ferment to be? Korean natural farming in Ireland

Export supply of fresh organic Irish salmon ceased in the final two months of the year, due to jellyfish and planktonic ‘blooms’Export supply of fresh organic Irish salmon ceased in the final two months of the year, due to jellyfish and planktonic ‘blooms’

The many legal complexities of taking on a farm employeeThe many legal complexities of taking on a farm employee

Why nitrogen is a very bad word for the DutchWhy nitrogen is a very bad word for the Dutch

More in this Section

Farming as it’s ferment to be? Korean natural farming in IrelandFarming as it’s ferment to be? Korean natural farming in Ireland

Beef exports fell by 7%, partly due to farmer protests at meat processing plantsBeef exports fell by 7%, partly due to farmer protests at meat processing plants

Export supply of fresh organic Irish salmon ceased in the final two months of the year, due to jellyfish and planktonic ‘blooms’Export supply of fresh organic Irish salmon ceased in the final two months of the year, due to jellyfish and planktonic ‘blooms’

Steady growth in once a day milkingSteady growth in once a day milking


Lifestyle

The actor knows how to impress when it comes to high profile events.6 times Katie Holmes wowed on the red carpet

Glamour, fun and feathers all feature in this year’s hottest looks – but first and foremost, individual style rules.10 on-trend ways to transform your home in 2020

Abi Jackson shares the enduring appeal of Pooh Bear’s wisdom on Winnie-the-Pooh Day – author A.A. Milne’s birthday.Winnie-the-Pooh Day: The wellbeing lessons we can learn from Pooh Bear

We asked three experts for the low-down on shampooing frequency.How often should you really wash your hair?

More From The Irish Examiner