21ac and 32ac land parcels fetch €60k/ac and €40k/ac at auctions in Kildare
Aerial view of the 32-acre farm at Brannockstown, Co Kildare which sold at auction for over €40k/acre.
Jordan Auctioneers were involved in the successful auction of two blocks of land last week, on October 8 and 9.
The first holding went under the hammer at the Keadeen Hotel in Newbridge on Thursday, October 8.
The property was a prime 21-acre holding at Blackchurch and Tuckmilltown, Co Kildare, offered in two individual lots, as well as the entire holding.
In the end, the entire package proved the most attractive, with offers exceeding the combination of the two lots. Purchased by a local family, the hammer fell on a price of €1.3m (over €60,000/acre).
“This was an extraordinary result,” commented auctioneer Clive Kavanagh, “even allowing for the strength of agricultural land prices in recent times."
The following day at the same venue, it was the turn of a 32-acre holding at Moorhill, Brannockstown, Co Kildare.
This time, the sale was handled jointly with John Osborne of Leinster Marts.
With a “small but lively” audience present, it was offered in lots. Once again, the overall package got the better reaction. With a strong equestrian appeal and quality acreage, the property was sold to a purchaser acting on behalf of an undisclosed client for €1.3m (over €40,000/acre).
“It’s a smashing land parcel in a very attractive location, with excellent road frontage and long-term potential,” said a delighted Clive Kavanagh afterwards.
