€1.67m paid for residential holding with 42 acres after strong bidding

NOT surprisingly, the auction by CCM Properties of a farm at Coolmoreeen, Inishannon, Co Cork drew huge interest last week.

Jim O’Brien was selling the residential 42-acre holding, and had quoted a guide price of €1m.

The farm was first offered in three lots - the residence, a traditional cottage, on 1.1 acres; 7.65 acres as Lot 2; and the remaining 33.45 acres as Lot Three. Bidding for these made close to €1.5 million; then the farm was offered in the entire.