Killahora House and land sale shows healthy market in south

A STUNNING end to the year was made with last week’s auction of Killahora House, Glounthaune, Co Cork.

Underlining the intrinsic health of the land market in Munster, this 100-acre farm on the south-facing hills to the east of Cork city looks set to sell close to its original guide price of €2 million.

What seemed like a very bullish asking price last September now looks like bang on the money, with the major portion of the property either sold or sale agreed at €1.6m, and negotiations continuing on the remaining, 26.7 acres, pegged at €300,000.