When you see the name of Glanmire, Co Cork, in print, it’s normally associated with words such as “bypass”, “residential” or “commercial”.
The news that a 33-acre agricultural holding has come on the market is certainly going to pique the attention of a number of people.
Make no mistake — this is a rare event of a workable and significant piece of land coming up in an area that has multiple advantages in terms of location. These advantages will determine the final value of the property more than the quality of the land itself.
According to selling agent Michael Dorgan, there is already a good deal of interest from both local sources and sources farther afield.
The Mitchelstown-based auctioneer is a native of this area, which is now within the suburban realm of Cork City.
The M8 motorway and bypass are within 2km of this non-residential farm that flanks the left bank of the River Glashaboy at Fairy Hill, beside Sarsfield Court.
Described by the agents as a holding of “vast potential”, it’s within a stone’s throw of the suburb/village of Glanmire and wealth of amenities. Cork city centre is minutes away.
“There are not too many plots like this that come up,” says Michael of the property.
It is accessed via a right of way but that’s something that isn’t likely to put any prospective buyers off, according to the agent, who says that it’s very clear and undisputed.
“When the current owner bought the land 30-odd years ago, he reclaimed it and put fresh grass seeds in it… but it has been neglected somewhat over the intervening years.
“It’s very salvageable, however. It’s on a nice elevated site and it can be brought back to good agricultural land again.”
As regards the price, it may come as no surprise to learn the agents are hedging their bets. There is little to compare such a holding to and the price guide is given a wide spectrum — from €10,000 to €15,000 per acre.
They are open to offers and offers will certainly not be long coming, one suspects.
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