Wexford tillage farm fetches almost €27,000/acre at auction
The main house is an impressive four-bedroom property in excellent condition, accessed via a private treelined driveway and built in 1930.
Kilkenny-based Donohue Town & Country auctioneers enjoyed another successful auction sale at the Riverside Park Hotel in Enniscorthy on Friday, May 23, where an 86-acre farm in Wexford was up for sale.
The holding at Shroughmore (10km northwest of Enniscorthy) included prime agricultural land, outbuildings, and an impressive residence.
Most of the top-class lands are in tillage, with little or no wastage, and physically divided into two adjacent sections: One of about 63 acres, the other of about 23 acres.
The overall guide price for the property pre-auction was put at €20,000 per acre and offered in the following lots:
- Lot 1 - The house, outbuildings, and approximately five acres, ideal for establishing an agri-business or equine facilities;
- Lot 2 - Approximately 81 acres of prime tillage land;
- Lot 3 - The entire property.
Boasting a very scenic setting with views of the Blackstairs Mountains and Mount Leinster, the main house is an impressive four-bedroom property in excellent condition, accessed via a private treelined driveway and built in 1930.
The house has also benefitted from a number of extensions and renovations in the intervening years, and extends to almost 230m sq.
The range of agricultural buildings, meanwhile, includes a two-span shed with lean-to sheds, two three-span sheds, and several other stone sheds.
The highly anticipated public auction drew strong local interest. Although it was offered in one or two lots, it was ultimately the entire holding that gained the most attention.
After competitive bidding, the final bid landed on Lot 3 (the entire) selling under the gravel for an impressive €2.3m (€26,700/acre).
“We’re delighted with the result,” said Ed Donohoe, lead auctioneer on the sale.
“This property offered the perfect mix of prime agricultural land and a good quality residence in a truly scenic location. The strong turnout and competitive bidding reflect the continued strength of the rural property market, particularly for quality holdings like this.”
