€16,000 per acre guide price at Patrickswell

A 15.5-acre parcel of top quality Golden Vale land is listed with GVM Auctioneers.

The non-residential holding is located in the townland of Ballyanrahan near the village of Patrickswell, which is within a kilometre of the property.

Adare is 6km away, while Limerick city itself is a mere 10km or so from the property.

The land has a mains water supply, and is laid out in one easily managed unit with a long stretch of road frontage.

“It’s excellent quality land,” says Richard Ryan of the Kilmallock office of GVM.

It’s ideal for a hobby farmer or for someone looking to extend their existing holding.

Agricultural land in this part of the world is highly sought after, and prices tend to go high. The size of this holding will make it a target for a wide range — from those needing and extra bit of quality grazing to those looking to do some smaller-scale farming and who fancy their chances of getting planning permission for a house at some point.

“There’s a good bit of interest in it so far,” says Richard, “but it’s early days at this point.”

The long stretch of road frontage, coupled with its proximity to the village, and with houses already built across the road from it, might all add up to the possibility of someone getting planning for a home. It is, however, in a cul-de-sac road with no public sewage connection, and these would be mitigating factors against planning hopes.

It is being sold as agricultural land and that seems by far the most likely future for it.

The €250,000 (€16,000 per acre) guide price is a strong one, but this parcel ticks a lot of boxes for anyone requiring some top quality land. It’s very accessible, no matter who is interested in taking it over, and it’s also worth remembering that similarly-located parcels have sold very well.