“A highy sought-after area” is how Bandon-based auctioneer Brendan Bowe describes a 20-acre non-residential holding in the townland of Kilbeg.
At just 3km from Bandon, the location is certainly an attractive one, for all the right reasons. The area is highly accessible, and close to the large markets of the Cork City area, with the main N71 road running nearby.
In addition, this piece of ground — in one lot with three divisions— has direct access from the public road at two points.
“It’s really good quality grassland and tillage land in this holding,” says Brendan.
“It’s in a lovely location between Innishannon and Bandon.”
The land is currently being used for equine purposes, but it’s a property that lends itself to any number of activities, according to the agents.
The asking price of €18,000 per acre is undoubtedly a strong one, but it is based on a similar-sized piece of land of a similar level of quality that sold in the area recently.
“Our price is based on a comparative sale of an adjoining piece of ground in the past 18 months,” says David.
“It’s in a very progressive farming area, and the property is already attracting a number of calls.
“It has road frontage on the Kilbeg side and on the Callatrane side, so it’s quite versatile.
“We’re ideally selling it in one lot but we’re amenable to proposals. If there was a decent enough offer to buy it in separate lots, we’d look at it, but it’s a more viable entity as one lot.”
The interest, Brendan says, is predominantly of the local variety. This land is in one of the best farming zones of Munster, just north of River Bandon, but well above any areas liable to flooding.
“There’s no waste in it,” says Brendan, “All the ground is good and mostly south-facing. It will be a good test of the agricultural market, which is where we see our buyer coming from.”
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