Located near the Cork/Kerry border just 3.5km from the village of Knocknagree, a sizeable holding of 75 acres is fresh to the market with Tom Spillane Auctioneers in Killarney.
The property is to be sold by public auction next month in Killarney. As well as the rarity of the size of such a holding coming up for auction, it ticks a number of very important boxes that should combine to attract a large grouping of interested parties.
“It’s at a crossroads,” says selling agent Tom Spillane, “so it has ample road frontage onto the main Boherbue road and another public side road. It also has a single-storey house that’s in need of renovation and some farm buildings in a fair state of repair.”
As regards the land quality, 18 acres of it are in forestry that was planted in 2010.
This brings in an annual premium of €3,200 with another 15 years remaining.
The remainder of the land, however, is described as “top-quality grazing land”:
“There are 55 acres in grass,” says Tom, “well laid-out and level and they’re all workable fields of top-quality grasslands.”
The auction that will decide its value starts at 3pm on Friday April 17 at the Royal Hotel Killarney.
The price guide of €600,000 seems a reasonable one, all elements considered.
© Irish Examiner Ltd. All rights reserved