Choice for buyers in 143-acre holding

IT’S very rare to get a large parcel of land in Co Cork at this time, but a 143-acre holding at Belrose, Enniskeane, had just come up for sale.

Paddy Murray is the selling agent for this executor sale and the ERA agent is having a run of good farms at the moment.

He has gone sale agreed on a property at Farnalough, Newcestown, (jointly with SWS Property Services) for a sum believed to be close to €2.7 million.

Meanwhile, another joint sale with Sherry FitzGerald Brennan Busteed at Killountain, Bandon is bid up to €2.3 million with quite a deal of interest in the 86-acre.

And there should be strong farming interest in the Belrose farm, the property of the late, Barry O’Callaghan.

The sale is by private treaty and Mr Murray is giving a choice to buyers: he’s offering the farm for sale in the entire, or in three lots.

As it stands it’s an old fashioned, grazing farm which is laid out in over 35 divisions and has lots of road frontage.

This is because it’s divided by a minor road which also neatly divides the property into two chunks of 55 acres and 87 acres, with the bulk of the land and farmyard south of the picture.

Northward, the best of the land is on offer in one lot of 55 acres. The main residence, a modern, four-bedroomed bungalow is being offered with three-quarters of an acre of land and has a guide price of €250,000.

Overall, the farm has a guide price of €2 million plus, and that’s without taking into account the separate value of the house: this works out at around €14,000 per acre.

Two miles north of Enniskeane and Ballineen, the property is only a mile from Castletown village and three miles from Newcestown.

The sale is by private treaty, but could go to auction at a later date, says Paddy Murray.