Stunning farm carries €3m tag
An ancient farmstead, it comes with a superbly preserved and modernised dwelling house and 269 acres of riparian land bounded by the Suir. An ideal farm, it is used for tillage and drystock (mostly tillage, with a little planting), but is ideal dairying ground, says its selling agent, Barry Walsh.
The Sherry FitzGerald Walsh agent is quoting a guide price of a cool, €3m for the entire package, which includes the house, a large square yard with a mix of modern and old stone buildings and the land which runs in one single block almost to Kilsheelin village and which, while it lacks lots of road frontage, is very easily managed because of its interconnecting paddocks.
Last time round, the property was on the market by private treaty and was under offer at €2.6m from a well-known Cork farmer, who went on to buy a dairy farm instead, but sold it almost immediately afterwards.
That offer was never increased and the property, which was quoted at €3m, failed to sell at auction.
Now, however, the elements that made buyers shy have been eliminated and the property will be sold, says Barry Walsh, who expects strong interest in this bullish farm property market.
And Glen Castle farm is not an everyday buy — the location alone is breathtaking, but the land is top class too and it’s a walk-in proposition for a farmer buyer. The many glories of the location haven’t been lost on others, notably Oliver Cromwell, who marched through here on his way to sack Waterford in the autumn of 1649 on his way to Waterford. Within 30 years, 1676 to be exact, Glencastle House was built by Ian Francis Everett, on the site of an older castle, part of whose battlements are preserved within the farm yard walls.
Glencastle’s 269 acres are some of the finest in the county, says Walsh and the Suir bounds the full length of the acreage — fishing rights could be worth up to €400,000, according to some.
Some 30 acres are given over to deciduous and softwood planting and there’s an annual premium attached.
The old house is a five-bed, well maintained property on the river bank and the agent say, it never floods, but you can literally fish out of the window. The renown of this farm means it should draw in buyers once more, but they will be heavy hitters as farms of this size and quality rarely come on the market.
