Equestrian property has plenty of potential
Period residences are two-a-penny around Churchtown, but there is no grandiose house attached to this spanking new equestrian operation with great potential – just a rather modest bungalow.
Set on 44 acres, the property at Coolmore includes a man-made lake covering an acre. The entire property is on the market with Derry Walsh of Sherry FitzGerald Walsh and Willie Broderick Auctioneer, for offers in the region of €650,000.
Mr Walsh was the agent who sold a Chuchtown farm to jockey turned trainer Jim Culloty.
By contrast with Culloty’s operation the little stud farm at Coolmore is at a much lower level, but could be just the ticket for someone looking to move into the breeding or training market on a low-key scale.
The property includes a detached bungalow which comes with full planning for an extension and can be sold in lots, says Derry Walsh.
Lot one is the entire holding; lot two comprises the house, outbuildings and 18 acres; and lot three consists of 13 acres.
The guide price for the entire is €650,000, and the auctioneer is open to offers on the lots.
The land is paddocked, and the yard includes eight top quality stables, three external stables, and an enclosed area surrounded by workshops and stores.
The property includes a Martin Collins fibresand arena of 60m by 25m, installed by the owners who purchased the property over three years ago, but are now returning to Britain.
Located less than 20 minutes from Mallow town and Cork Racecourse, the property has local amenities nearby at Churchtown village.
* Also in the Churchtown area, negotiations on the sale of a large dairy-grazing enterprise have reached offers of €950,000, with selling agent John Paul Sheehan of Lisney saying the sale of Egmont House is ‘heading in the right direction’.
A modern dairy farm with a fine period residence, the property came on the market in February and there has been continuing interest in it, says Sheehan.
Viewings are still in progress, and he expects to close the gap between the most recent offers and the guide price of €1.25 million, before concluding a sale.
Farmed by the Sherlock family for three generations, the property is a recognisably good quality farm, says Sheehan, with the benefit of quality living accommodation.
It has some of the best grazing land in the county, says Sheehan, all in one block with a central roadway and road frontage on two sides.
Egmont is 6km from Buttevant, 18km from Mallow and 10km from Charleville, and would suit any farming enterprise, including an equestrian facility, adds John Paul Sheehan.
