Located 10km east of the town of Fethard in South Tipperary, a 61-acre non-residential farm is likely to attract some strong offers in the coming weeks and months.
The holding is listed with Kearney Auctioneers, based over the border in Bagenalstown, Co Carlow. This part of the Premier County has seen some good prices for good land in recent years.
The land is in good condition, according to the selling agents — all in pasture and with views of the famous Slievenamon mountain. Clonmel is 20km away, Cashel is 27km and Cahir is 31km to the west of this holding.
“It’s all in one lot,” says selling agent Edmond Kearney. “There are no buildings on the property — just clean land.”
The uncomplicated access is via a tarred driveway leading from the main road. The farm has its own water supply with a stream flowing through the property. There are no entitlements but considering the sizeable quantity on offer, that will be no handicap to the level of interest in it.
The land is of good quality, according to the auctioneers, although it’s not of the top grade that has seen such exceptional prices in recent sales. That said, demand is currently strong for substantial blocks of good pasture land such as this one so it wouldn’t be out of the way to see it achieve a good price.
The agents have been instructed not to advertise an asking price and are seeking offers from interested parties but land such as this in the area has been achieving between €10,000 and €13,000 per acre so it would be reasonable for this block to achieve something of that order. As with all land sales, a lot will depend on who is interested and how determined they are.
The farm has just gone on the market, so it’s probably a bit too early yet to really gauge the level of reaction but, according to Edmond, there have already been a good number of enquiries.