33-acre farm near University of Limerick set for May Day auction

The selling agent says 'there’s possible and valuable site potential, subject to planning permission' with the lands
The lands are in Limerick’s Golden Vale.

The lands are in Limerick’s Golden Vale.

With an intriguing location close to Plassey Technological Park and the University of Limerick, a 33-acre high-quality land holding is to be sold at auction on Wednesday, May 1, at the offices of REA John Lee in Newport, County Tipperary.

The lands are in Limerick’s Golden Vale but their location with extensive road frontage suggests the they will be a very interesting long-term punt for any investor.

“The lands are situated in an exceptional location,” says selling agent James Lee, “just a short distance from the sought-after suburb of Monaleen/Castletroy… and there’s easy access also to the motorway network and Limerick city centre. 

"Apart from the quality land, there’s possible and valuable site potential, subject to planning permission. 

"And, while the holding is ideal for agricultural use, it must have long-term potential for numerous uses, given its proximity to the expanding Castletroy, Monaleen and Annacotty areas.”

The holding is laid out in grass in four easily managed divisions. Dairying is dominant in this part of the world but the lands can be put to virtually any agricultural use. 

The price expectation is around €18,000 to €20,000/acre.

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