64ac Waterford holding guiding €7,500/ac

Marked aerial photo of the 64-acre farm at Knocknaglogh, Dungarvan, Co. Waterford.

In the current agricultural land market, the mixture of a booming sector combined with evolving EU policy has created conditions whereby all land parcels offering a substantial number of acres in one block are of keen interest to a wide variety of clients.

Land that would have moved more slowly and for a substantially lesser price ten years ago is now finding a vibrant market prepared to offer a good price.

The current 64-acre offering from Dungarvan-based auctioneers REA Spratt is a case in point. Located in an upland area southwest of Dungarvan town in the heart of the Déise County, these are lands that have historically been used only for summer grazing, as selling agent Éamonn Spratt explains:

“The lands are all in one division,” said Mr Spratt. “There’s good road frontage on the bounding public road and this significant holding also offers significant potential to the new owners wishing to address their stocking levels/ nitrate compliance.”

The property is in a convenient location that will suit clients in different locations, less than 8km from the N25 and just 11km from Dungarvan.

The price guide is a tempting €480,000 (€7,500/ac).