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HomeFarming News43ac block of land makes just under €11,000/ac at auction
Catherina Cunnane
Catherina Cunnanehttps://www.thatsfarming.com/
Catherina Cunnane hails from a sixth-generation drystock and specialised pedigree suckler enterprise in Co. Mayo. She currently holds the positions of editor and general manager at That's Farming, having joined the firm during its start-up phase in 2015.
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43ac block of land makes just under €11,000/ac at auction

Agricultural Land Report

Agricultural land on the Wicklow/Kildare border made just under €11,000/acre when it went for auction last Thursday, September 22nd, 2022.

Jordan Auctioneers guided the land, which extends to 43-acres or 17.36ha, at Newtown, Hollywood, Co Wicklow at €430,000 ahead of the public auction.

The firm’s selling agent, Clive Kavanagh, explained that the single block of land is currently in nine divisions and has natural boundaries and hedgerows throughout.

It also boasts “great” views from the lands towards the Wicklow Mountains. He suggested that the property would make “an ideal” site for a residence, subject to obtaining the necessary planning permission.

The property is approximately 4km from Hollywood and the N18, while it is 5km from Ballymore Eustace, while it is 7km from Dunlavis and 12km from Blessington.

Post-auction result

Following the auction, Kavanagh said:

“Before a small but lively attendance, we successfully sold a block of 43-acres by public auction on Thursday last for €465,000, equating to just short of €11,000 per acre.”

“The land is generally good quality, in 9 divisions with lovely mature hedgerows and extensive road frontage.”

“The purchaser is believed to be from the wider area, and there are two disappointed under bidders actively looking for something else in the general area.”

Land sells for €330,000 (€26,000/acre) at public auction

Meanwhile, Jordan Auctioneers sold what it described as a “smashing” 12.55-acre parcel of land just outside Castledermot, Co Kildare, by public auction on Tuesday, September 20th, 2022, for €330,000.

Ahead of the sale, selling agent, Clive Kavanagh explained that the property, in its entirety, comprised “top quality land, ideal for any number of uses”.

The land, he explained, is slightly elevated, is currently in stubble and boasts “loving views in all directions”. “The entire would make an ideal site for a residence subject to obtaining the necessary planning permission,” he added.

He guided the property – which is in the south of the county and is circa 1km outside Castledermot, on the R418 towards Kilkea – at €15,000/acre.

Read more via this post-auction report.

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