Auction sales continue in Tipperary and Waterford

Two land parcels in Clonmel and Killenaule in Tipperary sold recently, with another auction for 26-acre parcel near Ballymacarbry, Co Waterford, to come on April 28

The 26-acre farm at Knockavannia, Ballymacarbry, coming up for public auction.

The auction season is in full swing all over the country at the moment in a market that remains very buoyant, with Clonmel-based auctioneers PF Quirke & Co. getting more than their fair share of the action in recent public sales, and others to come.

Last week, on Tuesday, April 14, the firm held a double auction at its Clonmel offices.

The first property was a 17.2-acre holding at Kilmacomma, Clonmel. Last featured here on March 9, this was described as a “top-quality agricultural holding” by the selling agent Pat Quirke, featuring extensive road frontage onto the main Clonmel-Dungarvan road as well as onto a tertiary road. 

The 17.2-acre farm at Kilmacomma sold at auction in Clonmel.

The grassland holding is all in one block and has a pen and cattle-handling facilities.

With a pre-auction price expectation of between €15,000 and €16,000 per acre, there were three bidders in the room for this first property, according to Mr Quirke.

The final bid was €310,000. Purchased by a neighbour, the price equated to €18,000 per acre.

The 30-acre farm in Killenaule sold immediately after auction in Clonmel recently.

At 3pm on the same day, another single-field land parcel of 30 acres went under the hammer. Located at Cleragh/Ballintogher, Killenaule, the holding is all in grass with a good limestone base and is of “decent quality”, according to the selling agents. The bidding opened at €280,000 (€9,300/acre) and moved up in increments of €10,000 to a price of €410,000 (€13,700/acre).

At this point, the farm was withdrawn from the auction and sold later to the highest bidder for a higher sum.

“Land in this area generally makes €12-14,000 per acre, so we are pleased with this outcome,” Mr Quirke said afterwards.

The auctioneer’s next auction will be on Tuesday April 28. Once again, it will be a live auction at the firm’s Clonmel offices and the holding this time is a 26-acre parcel over the border in Co Waterford near the village of Ballymacarbry.

“Interest levels are strong,” Mr Quirke said. “It seems that demand for smaller parcels of land in the Tipperary/Waterford area remains high.”