A residential 49.8-acre holding near Nenagh comes under the hammer in a public auction to be hosted by Eoin Dillon of REA Eoin Dillon on Thursday October 20 next at Ormond Hotel right in the centre of the Premier county town.
Hoping that the result will be as positive as the county’s hurling fortunes have been of late, Eoin describes the farm as “prime agricultural land”, located just 3km from the centre of Nenagh in the townland of Ballygasheen.
“About 36 of the acres are of excellent quality,” says Eoin.
“They’re all in grass. There are about 12 acres that would be in need of drainage and reseeding.”
The property is all in one block and has excellent roadside access, according to the agent. The dwelling is a two-bedroom cottage that is in need of refurbishment, although it is habitable.
Accommodation consists of and entrance hall/kitchen, living room, sitting room (with recently-installed ensuite wet room) and two bedrooms.
Vacant possession will be available on December 31. There’s no single farm payment but a very small section of poor ground may be designated as wildlife habitat, thereby possibly attracting a top-up payment under the AEOS (REPS) schemes.
Most enquiries so far have come from investors, according to the agents.
The asking price is €495,000 (€9,900/acre) — a figure that should ensure strong interest on the day.
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