Tillage and a quarry?
It has massive limestone deposits that could produce up to 10 million tonnes, according to a geological survey.
And it’s still being sold at agricultural land values, says Bill Madigan of Shee and Hawe, which means that it’s a sound, long-term investment for buyers.
The farm is a non-residential sale, and includes tillage and grazing ground in a 50/50 ratio. Top quality limestone land, it has been let for the past number of years and is in very good condition, says the agent, who hopes to make close to €3 million for the entire property.
The farm can be sold in lots, he says, but interest so far has been in the entire, which includes the farm yard. This has a number of hay sheds and a cattle crush.
The farm is set at the end of a cul-de-sac on a small country road, but the new M8 will pass close by, says the agent, making it very accessible.
There is no planning in place for quarrying at the moment, but there is potential to create a new entrance which would allow commercial activity on the land.
Otherwise, the farm itself is highly productive, although some of it is high, and not suitable for tillage.
Because of the altitude, there is a rental agreement in place for a transmitter, which is revised on a yearly basis.
With strong demand for tillage land, prices of €400 per acre for letting have been achieved by Shee and Hawe, so there should be good interest in this property, situated less than two miles from the village of Golden.
The sale is by private treaty.
