Final Bids on 30a Limerick Farm Next Week
Final offers are being accepted on a 30-acre non-residential Limerick holding on Friday of next week (May 15).
The property is listed with Tipperary town-based auctioneers Matthew Ryan & Son and a short distance from the N24 (main Limerick-Waterford road), with road frontage onto a minor public road.
“It’s a reasonable quality holding,” says selling agent Matt Ryan of the property.
“The lands needs a small bit of work but it’s well situated, just off the N24, so it’s within 20 minutes of Limerick City.”
Indeed, it’s this proximity to Limerick that widens the appeal for this block of land situated in a busy part of rural Munster in terms of property being sought after and changing hands.
The holding is located in the townland of Newtown, just a matter of a few hundred metres southwest of the N24.
It is approximately 2.5km from the nearest village (Oola), 6km from Pallasgreen, and roughly 25km from the heart of Limerick City.
The farm is all in grass and is set out in three fields, which are well sheltered and well fenced.
“It might just suit somebody who’s looking for a couple of acres with a view to letting, for example,” says Matt.
In common with many farms currently for sale, the impact of the advent of the coronavirus and its associated lockdown appear to have had a minimal effect on the process of finding a buyer for the land — an encouraging trend when one considers how so many sectors have suffered devastation.
“There has been a good bit of interest in it so far,” says Matt, “in spite of everything, so we’re hopeful.”
There aren’t any outbuildings on the land and there are no entitlements going with the sale.
The level of road frontage isn’t extensive by any means, but it is there, and makes it a very convenient piece of land for whoever will be using it next.
The price guide on the property is €230,000.
At a rate of €7,700 per acre, this modest-sized holding represents a decent-sized opportunity for someone to acquire land in a sought-after part of the world, with a very convenient location.
It won’t be surprising if the final price exceeds expectations.
Final offers are being accepted on a 30-acre non-residential Limerick holding on Friday of next week (May 15).
