Attractive land near Castletownroche could interest both agricultural and development markets

The blurring of lines between agricultural land and development land was a familiar occurrence during the ill-fated boom, with development potential prices winning out.

In the context of the current upswing in the property market, a 12.3-acre holding in north Cork will surely prove an interesting case in the coming weeks.

Situated close to Castletownroche and 5km east of the town of Doneraile, the property is of high-quality agricultural land under pasture in a renowned part of the Golden Vale, with electricity and water supply as well as 155 metres of road frontage.

More pointedly, however, it also comes with unrestricted full planning permission (valid for another 5 years) for a 2-storey dwelling.

According to selling agent David McCarthy of Lisney in Cork, this property is one that straddles the fine line between a site for a hobby farmer and an attractive piece of land that would supplement a current viable holding, with interest emanating from both sub-sets.

Interestingly, the asking price of €165,000 (€13,400/acre) is also a figure that straddles the same two buyers’ markets.