Almost €16k/acre expected for quality 48a East Cork farm
Marked aerial photo of the 48-acre farm at Kilboy, Cloyne, Co Cork.
New to the market with Midleton-based auctioneers Hegarty Properties is a 48-acre farm near the historic village of Cloyne in East Cork.
The farm is at Kilboy, immediately to the south of Cloyne — a village equally famous for both its 6th-century round tower and for its hurling heroes (who include Christy Ring and Dónal Óg Cusack). This is part of Munster famous for quality pastures, near Cork City.
“It’s a superb landholding,” says selling agent Adrianna Hegarty. “This is a prime parcel of dry free-draining land laid out in six well-defined divisions bounded by mature hedgerows.”
Access to the lands is very good, directly off Church Street via a laneway to the side of the hay shed.
“The land is predominantly arable and suitable for a range of agricultural uses,” adds Adrianna, “including arable farming and grazing.”
The old derelict farmhouse is located around a yard at the public road entrance to the property, along with a series of stone outbuildings. Both the house and the outbuildings have strong potential for development.
“It’s a well-located farm that represents an outstanding opportunity for local farmers, investors or those seeking a unique development project,” says Adrianna. “In the yard area, there are several traditional stone outbuildings and a hay shed with a lean-to, offering significant potential for renovation or repurposing, subject to the necessary permissions. The derelict structures on site may qualify for available refurbishment or redevelopment grants, further enhancing the appeal for those with a vision for restoration or new residential development.”
The property is serviced by an electrical connection and the previous tenant had permission to use county council water.
The location of this property is another very appealing aspect. With Cloyne village just a 5-minute walk away, the busy satellite town of Midleton nearby (8km north) and Cork City Centre about 25km away, it could hardly be better situated for whatever enterprise the next owner gets involved with.
The price guide of €750,000 (€15,600/acre) reflects the quality, convenience and location of this quality holding that holds much more potential.
