48-acre west Cork farm has plenty of potential

THE executor is the only vendor to go public at the moment, says auctioneer Tom Brady, who has a 48-acre farm auction in west Cork on February 26.

He has an offer on two lots already, but they aren’t close enough, he says.

The farm is a single block of 32 excellent acres of pasture, the agent says, with about 16 acres of wet ground which will need attention.

Farmed in the old-fashioned way, the property is in a number of smaller fields, but has great potential — and the sale includes a traditional farmhouse, some stalls and a hay shed. The house and yard are at the boundary of the farm and could be sold separately, or included in the entire, although the farmhouse is in need of complete renovation, says Brady.

The Connagh, Ballineen farm is just a mile and a half north of Carbery Milk Products and is being sold by the representatives of the late James O’Brien. It can be offered in a variety of lots, or in the entire, and should prove a good test of the market.

He says he’d be happy to make €10,000 per acre for the property.

nMeanwhile, a large farm at Inchinagotagh, Skibbereen has gone some way towards being sold, through the same agent. Spread across four townlands, the 130-acre holding has 54 acres fully sold, with another 13 acres “sale agreed”.

The 54-acre parcel at Bauravilla was purchased by a neighbouring farmer, says Tom Brady, and made in the region of €500,000, while the 13-acre parcel has been agreed at in the region of €10,000 per acre.

He is currently selling some 38 acres of what he describes as top quality land in the same holding, and this includes 23,000 gallons of milk quota, and a portion of the entire farm’s €19,000 in entitlements. This makes the farm an attractive proposition, he says, particularly as prices are now within affordable limits, and represent the potential return.

The farm is three miles or so from Skibbereen, and isn’t too far from Smorane, Skibbereen where 48 acres are still on the market with agent John Hodnett of Hodnett Forde Auctioneers. The property of Liam Shiely, who last year moved to the 550-acre Castle Annaghs farm in south Kilkenny, it’s just one of two properties on the market for the Skibbereen-Kilkenny farmer.

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