By Conor Power

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40-acre residential farm outside Killarney now under offer

By Conor Power

40-acre residential farm outside Killarney now under offer

In Kerry, good agricultural land will tend to stimulate the ever-present factor of the “Kerry Co-op Shares”, where land gets a premium from the smart money waiting in the wings.

A current offering from Killarney-based auctioneers Sherry Fitzgerald Coghlan will surely put this particular theory to the test as it goes up for sale by private treaty.

The 39.9-acre residential holding enjoys a very attractive position, being only 2km from the Kingdom’s most lively and scenic town, located just off the N22 (main Cork road) in the townland of Lissivigeen.

According to selling agent Michael Coghlan, its location is just one of its many attractive features and opportunities like this one don’t come up every day of the week.

There is already considerable interest, he says — so much so that offers have already begun to materialise.

“We’re at an asking price of €480,000 [€12,000/acre] and we have some offers on it already,” confirms Michael, who describes the land as being of good quality, with free-draining pasture and all in one block.

“The land hasn’t had investment in it for a few years at this stage… Half of it would be of good quality and roughly half of it would need to be ploughed and re-seeded.”

The private residence is located in the centre of the farm and consists of quite a substantial structure overall, a traditional-style one-storey cottage with a larger two-storey extension.

The whole lot is in need of “total renovation”, according to the selling agents.

In addition to the house, there are outbuildings and these include an 18-bay cubicle shed, an open barn, three slate roof stores and a concrete silage bay.

According to the selling agent, these buildings are useful as they stand but are old.

There isn’t road frontage but access is very much uncomplicated, with a private road (that belongs to the property) leading directly from the public road.

The interest in the farm is coming from a variety of sources, according to Michael: “There’s a mixture of people looking at it. It’s mainly farmers, I would say, from the local area. There are also people looking at it from a hobby farming point of view.  It being so close to town and coming with 40 acres, it’s very attractive to that kind of client too, especially when it’s so hard to get planning permission.”

There is a good electricity and water supply and the property is well fenced all around. It will be interesting to see what sectoral representative makes the final bid.

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