Secret buyer for €2.3m farm
The agent says the contracts are finalised on the €2.3 million sale of John and Charlotte Nagle’s farm to a young Whitechurch, Co Cork, farmer.
While rumours suggest it’s the Hegarty family, who have family ties with the north Cork area, the agent was tight-lipped on the buyer’s identity.
The Hegartys are known to have sold development land at Whitechurch to Castlelands Construction, and it looks like they’re going into dairying.
The vendors, the Nagles, had built up the holding to a 200,000-gallon producing farm, and the sale was a result of their decision to purchase a large property overseas.
The private treaty sale, launched in early spring this year, included 97 acres of land and 87,000 gallons of quota, as well as a four- to five-bedroomed farmhouse.
A modern operation, the farm is close to Killavullen village, and less than six miles from Mallow.
Selling for well over the €1.8m guide price, it was a healthy result for the agents and vendors.
Meanwhile, Dan Fleming is selling the Knockboy, Carrignavar holding for offers in the region of €800,000.
The 10-acre stud farm includes a renovated five-bed farmhouse and a pristine yard.
The house also has three reception rooms, a kitchen-dining groom, main bathroom, and guest WC.
Adjoining the house is the yard which comes with a horse-walker (worth about €38,000), a range of stables, tack room, and two slatted units with capacity for upwards of 60 cattle.
Other facilities include a greyhound gallop, kennels and a horse menage.
The land is stud and rail fenced, with electric back-up.
Just five miles from Cork city, this is a ready-to-go, professional operation
At the guide price, it represents good value, says Dan Fleming.
