Zoning makes all the difference as Tipp land fetches €5.5m
A 46-acre residential holding, in permanent pasture at Tullow Lane, Killusty, Fethard, in Co Tipperary made €900,000 under the auction hammer, John Stokes said after the successful sale, showing an average of €20,000 an acre paid by the buyer.
The residence was a three-bed bungalow, with 10 acres of marginal land, well located off a secondary road, which helped generate a strong price. It was bought by an estate agent, in trust, for a buyer understood to be a local businessman.
