A 94-acre farm at Ballycatten, near the famous Co Cork village of Ballinspittle, represents a “rare opportunity” for some person or persons, says selling agent Ernest Forde of Clonakilty-based Hodnett-Forde Auctioneers.
It is early days yet to try to predict just who is going to be most interested in the farm.
“I have a good number of enquiries already,” he says.
“I have enquiries of non-farming interest as well as people interested from a purely farming point of view.
“The owner of it died a number of years ago,” explains Ernest, saying that after a period of being rented out, the property has been looked after reasonably well, and it is now on the market.
“The land quality would be mixed. There is some forestry land, about 12 acres or so, and there’s a bit of glen in that as well.
“There’s also a bit of hill land which is usable.”
By the sounds of things, this is a large holding which can be seen as something of a sleeping giant — a farm with all the elements to create a very strong quality holding over time, and with enough quality to be used straight away by the next owner or owners.
The farm is being offered in lots but as things stand, these are suggested lots, and the eventual division of the land will really depend on how interest shapes up over the coming weeks.
“There would be 71 to 75 acres of top quality land there, really,” says Ernest.
“There are about 12.5 acres of excellent quality roadside land [currently Lot C].
“Then we’ve 51 acres of the old residence and farm yard [Lot A]. That’s mainly good land, but it does contain the 12 acres or so of forestry.
“The remaining acres [the 31-acre Lot B] include the hill land with potential, and a small quantity of glen land, but there would also be about 10 acres of that which would already be very good land.”
The farm’s location right beside the village means that there is a clear potential for interest to come from those looking to acquire the handsome farmhouse and outbuildings, as a dwelling with a small piece of land.
Elsewhere, the farm enjoys enough road frontage (onto three different public roads) to justify easy sub-division.
“There is a long laneway into the house and yard. The outer laneway is a right of way from the adjoining farmyard, but there aren’t any issues of any sort.
“We’ve a lot of enquiries on the house from people in the general Kinsale area.”
The price being quoted by the selling agents is put at €950,000 to €1,000,000.
This translates to an overall price per acre in the region of €10,000 to €11,000.
“It should make that kind of money,” says Ernest of a property whose value isn’t the easiest to predict. Our hope is that it will make more, but it will be sold.”
The farm is 9km from Kinsale, 16km from Bandon, and 30km from Cork Airport.