€555,000 for 28 acres

A HEFTY sale price was achieved for 28 acres in Crecora, Co Limerick, just prior to Christmas, by Richard Ryan of GVM.

Making a shave under €20,000 per acre, the land at Rockfield drew a strong crowd to auction and there were five bidders on the day.

The property opened at €250,000, and was quickly bid up to €430,000, at which stage it was put on the market. A flurry of bids later, and the property was knocked down to a local business woman for €555,000. The purchaser has existing equestrian interests, said the agent.