Tipp farm likely to draw lots of interest

Land available in entire or in lots
Tipp farm likely to draw lots of interest

The 81-acre Burncourt, Co Tipperary holding is likely to make in the €700,000-€800,000 price bracket.

The old-style stone farmhouse on the Burncourt farm.

Tommy Barker

There may be some familiar faces in the auction room for the selling agent of a Tipperary farm in three weeks time — even though the auctioneer’s normal base is down in West Cork.

Due for auction on Aug 29 is this fine 81-acre Burncourt, Co Tipperary holding, either as an entire or in lots, and it’s likely to make in the €700,000-€800,000 price bracket.

Selling agent on the day will be John Hodnett of Hodnett Forde in Clonakilty, and he’s now more than slightly acquainted with this south Co Tipperary heartland: earlier this year he sold a 23-acre farm nearby at Billeragh, Araglin, for about €10,000 an acre. It had a SFP of €2,248 pa, and was in pasture with some mature woodland.

So, some of the underbidders and those who walked that land may now come out to view again with Mr Hodnett, especially as the 81 acres farm is broken into lots — and includes a good chunk of nicely maturing broadleaf forest or woodland, with an old derelict cottage.

Overall, the 81-acre holding is a residential one with old-style stone farmhouse, which could be made habitable with a bit of TLC. It has a straight roof, and replacement windows, so the elements have been kept out — now, it’s time to add to its creature comforts.

The house is going with lot one, just shy of 20 acres, lot two is 35 acres, lot three is a further eight acres or so, and lot four is a cottage with long, narrow 17-plus acres of woodland with future income dividend potential. It includes oak, ash, beech, etc — and has been left a bit to its own devices.

This lot may attract a different buyer to the other three lots, especially as there’s an old cottage on it so there may be some lifestyle buyer for it.

The rest is currently in tillage, boasting “a bumper crop of barley”, notes Mr Hodnett, but this will be harvested before the next owner(s) get their hands on the land underneath.

The land is a mile and a half south of Burncourt, and faces south, in two natural divisions with good road frontage. “It’s renowned for its high-yielding qualities,” adds Mr Hodnett, and indeed the proof of that can be seen in the current golden crop. Price expectation is €10,000-€12,000 an acre for the tillage land, and €100,000-€150,000 for the woodland and cottage lot, but as usual, when lots are bite-sized, prices per acre can get driven up.

This farm goes to auction this day three weeks in the Firgrove Hotel in Mitchelstown, about eight miles away, and a busy room is expected. The sale is already getting attention locally, as well as from the Midlands, adds the agent.

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