€1.28 million guide for auction of 65-acre farm in Clonmel
“The lands are currently all in grass and are of excellent quality,” says selling agent Pat Quirke.
There’s expected to be a strong turn-out from both the farming and non-farming sectors for a 65-acre farm in South Tipperary that’s going under the hammer on Tuesday, March 26.
Unless previously sold, the sale will take place at the offices of PF Quirke & Co, Gladstone Street in Clonmel.
The property is all in one block and its location adjacent to a number of residential developments puts it in a very attractive position that will pique the interest of farmers and investors.
“The lands are currently all in grass and are of excellent quality,” says selling agent Pat Quirke. “They’re close to recently developed land in Clonmel and, while they’re currently zoned for agricultural use, they may have some future development potential.”
The property enjoys extensive road frontage — another strong advantage, whether they continue to be used exclusively for agricultural production in the future or not.
Over recent years, land in South Tipperary has generally been in very strong demand.
While this particular holding isn’t located in the traditional hot spots around Cashel, there’s no doubting its superb quality and the added dimension of the potential for development at some point should add to the number of bidders on the day.
As is the case with public auctions, it's always difficult to gauge the level of interest beforehand, with plenty of enquiries but nobody stepping forward in advance of the big day.
Given the rarity of this package, the guide price of €1,280,000 (€20,000/acre) should prove realistic.
