Residential farm for sale where three Munster counties meet

In a corner of Co Cork close to where the three Munster counties of Cork, Waterford and Tipperary meet, a residential farm of almost 80 acres has just come onto the market.
Residential farm for sale where three Munster counties meet

This 79-acre farm near Araglin in north Cork may be sold as an entire holding, or the residence may be sold separately, with a couple of acres.
This 79-acre farm near Araglin in north Cork may be sold as an entire holding, or the residence may be sold separately, with a couple of acres.

In a corner of Co Cork close to where the three Munster counties of Cork, Waterford and Tipperary meet, a residential farm of almost 80 acres has just come onto the market.

This is a rare event for this part of the world, and such a substantial holding hasn’t appeared on the market in this area for some years, according to the selling agent, Ballyhooly, Co Cork based Paul O’Driscoll.

“Yes, it’s quite a rarity, so the interest so far has been quite good,” says Paul of the 79-acre holding located in the townland of Gortnaskehy.

Although its official address reads ‘Araglin, Fermoy’, the busy market town of Fermoy is approximately 25km to the southwest of the farm.

Araglin village is just 3km to the south, while the village of Ballyporeen is 6km to the north, over the border in Co Tipperary.

This is a rural area, but the M8 Dublin-Cork motorway passes quite close by (just 14km away), making the farm quite accessible.

In terms of the quality of land, this is a fine quality farm with good grassland.

It includes a small portion of forestry land.

“The main portion of the land is all in grass,” says Paul.

“It’s in very good condition and it’s well maintained and well kept and very well fenced all around. There’s a dividing road, then, which separates the larger grass parcel from the smaller parcel. There’s also a service road allowing direct access from the main portion to the forestry.

“There is one small section of about two acres that is in need of a bit of attention. The rest of it is very good.”

The first and main block consists of 49.9 acres, and it includes a dwelling with yard and outbuildings.

There is water and electricity supply and there is a generous amount of public road frontage (the road separates this block from the other one).

The second block measures about 29 acres, 12 of it in forestry and the remaining about 17 acres in permanent pasture. Like the land in the main block, this is well fenced and of very good condition, according to the selling agent.

The residence is a traditional-style single-storey house facing a courtyard surrounded by a number of stone outbuildings. There are very attractive views from the house, and the buildings attached to it provide plenty of scope for extending. This, the agents say, can be offered separately to anyone that it might tempt, along with two acres.

Accommodation includes a spacious entrance porch, a sitting room, a kitchen-dining room (fully fitted), a shower room, an office, a bathroom and four bedrooms. The house also benefits from oil-fired central heating. According to the selling agents, it has been well maintained.

“The house is in pretty good condition inside,” says Paul. “It was done up a couple of years ago, and there are beautiful views down the valley.

“The property is all up for sale in one lot or in separate lots, all depending on how the interest in it develops,” says Paul. “We can sell it in three lots if needs be, but the preference is to sell it as one. At the moment, we have interest in the two parcels separately, as well as some interest in the overall holding.”

The price guide is €10-€11,000 per acre for the grassland and €5,000 per acre for the forestry land, giving an overall price guide somewhere in the region of €700,000 for the entire holding.

A lot will depend on what kind of interested parties come forward over the coming weeks and months, however.

If there is strong interest for the house on a couple of acres, for example, one could see a bidding war push its value upwards. The same could be said for the remainder of the property. After all, it’s a rare thing for such a substantial quantity of good land to become available in this part of the world. Land is reasonably priced around here, and this farm represents a good opportunity to acquire a good number of quality acres.

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