Post-Auction Report: Kildare farm sells for €1.85m
A holding containing a farmhouse, old yard and 103-acres of “top-quality” land smashed its guide price when it went for auction earlier this week.
Ahead of the hybrid auction, Jordan Auctioneers described the listing at Mill House, Kilgowan, Kilcullen, Co. Kildare as “one of the best farms” to come to the market in the county for some time.
Mill House is a traditional, two-storey four-bed farmhouse of circa 198 sq.m (2,131 sq. ft) that would benefit from “some upgrading and modernisation”.
The holding also has a 4-span hay barn with two lean-tos (one has a concrete base) and other ancillary stores, including a lock-up store and two pony boxes.
The land comprises extends to approximately 104 acres (42 hectares), all in one large block with “extensive” road frontage on two roads and several access points.
The property firm highlighted that the lands are classified in the Soils of County Kildare as primarily ‘Athy Series’ soils. These are “some of the best in the country”.
Ahead of the auction, the firm suggested that the farm is “ideally suitable” for any arable or grass-based – enterprise, including bloodstock.
The property is close to Kilcullen (7km), Newbridge (13km), Naas (19km), Kildare Town (16km) and has frontage onto the old Kilcullen – to Castledermot Road.
Approximately 60 people attended the auction on Monday, April 25th, 2022. The firm offered the property for sale in several lots. However, the firm sold the property in its entirety for €1,850,000 to a local farming family.
A spokesperson for Jordan Auctioneers reported that the property attracted “strong” interest in all lots.
However, the combined package generated the “best price” with several active bidders.
Jordan Auctioneers reported strong interest in the property from the outset of the marketing campaign. The spokesperson noted that “several” active under bidders are still looking to acquire “something similar” in the general area.
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