Farm with 72,529 gallons quota tops autumn offerings

AUTUMN may be the season of mists and mellow fruitfulness, but it’s also the time for some prime farm sales.

The signs are just up in north Kerry on a fine farm at Dromolought, Listowel, a property which offers everything to the purchaser looking for a home.

A working dairy farm, it has 120 acres and the option of some 57 acres of forestry, as well as a 38 acre parcel of outlying land which may be sold separately.

Dromolought House also comes with two pristine residences and a modern, easily managed yard. The main house is a four to five bed bungalow with lovely gardens, and the second property is a thatched cottage in perfect condition, which has been used as a guest cottage by the family. This could offer the ideal solution for a father and son purchase.

The farm has been managed and worked by the Hilliard family over two generations.

The property is described variously as ‘beautiful’ and ‘a model farm’ by Maurice Stack of DNG Stack, so it should come as no surprise that he’s looking for offers in excess of €3 million.

The sale includes 72,529 gallons of milk quota, (it was farmed to a much higher level, but some milk quota has been returned to the co-op), and there are entitlements of over €32,000 per annum, which is a tidy sum in anyone’s eyes. That excludes a minor sum for the forestry (Sitka spruce), which can be included in the sale, but which isn’t counted in the current guide price.

All in one block, with paddocked divisions and farm roadways, the land is prime pasture, says the agent, and has a mile or more of road frontage. Just four miles from Listowel on the Ballybunion side, it’s very accessible, and is sure to appeal to a broad church of buyers.

These could come from Limerick, Cork, Tipperary as well as Kerry, says Mr Stack, based on his experiences with other farm sales in the area.

The best of Kerry land, there should be huge interest in this sale, particularly as it’s a walk-in job for a dairy farmer in a position to bring his own quota along.

* Meanwhile, the same agent has seen considerable interest in another dairy farm on his list since its launch in mid-August. Danesfort Farm is under strong bidding and is close to its guide price of €5 million.

Located at Rathkeale, Co Limerick, the 140-acre property comes with a whopping 207,000 gallons of quota, and has attracted interest from all over Munster. The land is of renowned quality.

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