Killarney farm sells for high price

Land sales along the Cork-Kerry border are moving along very well, with recent auctions yielding some exceptionally positive results.

Killarney-based auctioneers Tom Spillane & Co sold a 75-acre farm at public auction last Friday. The mixed farm boasted great access, and had about 55 acres of top quality grazing land, and 18 acres of forestry yielding an annual premium of €3,200 between now and 2028.

The hammer failed to fall in the auction room at the Royal Hotel in Killarney, and the property at Umeraboy, Knockagree (just over the Cork border) was withdrawn at €600,000, selling subsequently to a local farmer for an undisclosed higher figure.