One of the largest farms to hit the market in Co Cork this year so far is for sale with Dunmanway-based auctioneers Lehanes & Associates.
The 146-acre property is in three distinct lots, and it is located in the townland of Shanacrane West, approximately 10km north-west of Dunmanway and 4km west of Togher village, in an area of mixed quality lands.
“You wouldn’t be going around all of it with a combine harvester, but it’s a nice block of land,” says selling agent Daniel Lehane.
“What’s there in total is just shy of 147 acres. The land is laid out naturally in three divisions. The beauty of a layout like this is that it gives a lot of people a chance to acquire more bite-size pieces.
“Lot 1 contains probably the better part of the land. It’s just 9.6 acres in total. It’s all in pasture, it’s old grassland but it would be of reasonably good quality, and there’s a nice bit of road frontage with it.
“Lot 2 is the hillier part of the farm. You’ve 76.45 acres in total. It would be south-facing but climbing steeply, especially as you ascend through it. The lower part consists of rough grazing, while the upper portion of it would be mountain land. There’s a stretch of road frontage here too, along the southern part of the boundary.
“Lot 3 has just over 70 acres in total. About 44 acres of this section is already planted with established trees, mainly sitka spruce. Some of it was planted eight years ago, and more of it was planted ten years ago. The remaining 26 acres of this portion consists of a mixture of marginal grassland and more of it would be classed as marginal land. It’s generally quite flat, and it’s located just off the main Kealkil-Cork road.”
This latter road connects Bantry and Glengarriff to Cork city, meaning that access to this quiet part of West Cork is quite good.
The southern portion of the third lot bounds the Bandon River, at a point where it runs parallel to and very close to the aforementioned road.
This area is not strong in the dairying sector, and Daniel confirms that most of the interest so far reflects this,
Interest so far would be mainly from either a forestry point of view or from a sheep-farming point of view. You’ve obviously also got the hobby farming interest as well.
Referring to the latter possibility, the agent adds that there have been enquiries from the UK.
There is no dwelling on the farm, but with such a large holding, there is always the possibility of someone attaining permission for a house to live in down the line.
As things stand, the section of forestry in Lot 3 is bringing in an income of approximately €6,200 per annum, according to Daniel. He also says that the enquiries so far have centred on the individual lots rather than on the entire holding.
That may well change as time progresses, as the rarity of being able to acquire such a large quantity of land might prove a strong temptation.
“So far, the interest seems to be in the individual lots,” he says.
There’s a good healthy mixture of people interested in it too. But it’s very early days yet, the farm is only on the market a couple of weeks.
“There’s interest in forestry, but it’s great to see that there’s also interest from people who want to farm it.
“It’s something you’d like to encourage if you could.”
The guide price overall is €400,000.
At €2,700 per acre, this should prove to be a reasonable and tempting price that will draw in a number of interested parties.