Auction guiding 125-acre Limerick farm at €8,500/acre
The property has good road frontage with two separate access points and has a predominantly warm south-westerly aspect.
Coming up for auction on September 10 at the Dunraven Arms Hotel in Adare, County Limerick, is a 125-acre piece of Golden Vale land selling through Savills Cork office.
The property coming under the hammer is at Cornello Upper, Ballingarry – approximately 25km from Limerick City in an area of vibrant agricultural activity.
According to selling agent Eileen Neville, there has been good interest in the farm locally.
However, as is the case with public auctions, many people don’t register or communicate much about their interest until closer to the day. And on the day itself, more bidders always emerge.
With a holding of this size, there is sure to be a considerable level of interest. The farm is laid out in five divisions of varying land quality, including a sizeable section of forestry.
The property has good road frontage with two separate access points and has a predominantly warm south-westerly aspect.
The guide/reserve price is €1,050,000. At €8,500/acre, it represents a real opportunity for someone to acquire a large amount of acres in one lot in a part of the country where such holdings are rare.
