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HomeBeefPost-auction report: €1,335,000 for 63ac farm
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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Post-auction report: €1,335,000 for 63ac farm

Jordan Auctioneers has successfully sold a land holding extending to 63 acres with a farmyard just outside the village of Kill in Co. Kildare, for €1,335,000.

The property, which featured on www.thatsfarming.com, changed hands at a public auction at Lawlor’s Hotel in Naas on Wednesday, September 13th, 2023.

The land is laid out in 5 divisions and is all of “top” quality with no waste whatsoever and currently in permanent pasture with shelter and piped water to all divisions from a private well.

The farmyard comprises cattle handling facilities for 150 head with 2 silage pits and 2 yards together with crush and holding pens.

Before an attendance of circa 25 people bidding was what Jordan Auctioneers described as “brisk from the outset with several interested parties”.

Opening at €800,000, four bidders battled it out before the hammer fell at €1,335,000, equating to a price of just under €22,000/acre. It is understood the purchaser was locally based.

The property is just outside the Village of Kill (2 km) with frontage on to the Barberstown Road and it is easily accessible to a range of locations, including Naas 8 km, Straffan 8 km, Newcastle 12 km, Dublin 30 km and Junction 7 of the Naas Dual Carriageway is only a 2-minute drive.

The entire is close to a number of golf clubs, including Palmerstown House, Castlewarden, Naas, the K Club and Killeen Golf Club.

In addition to this Goff, Sales Complex is 5-minute drive and there is accessibility to the Racecourses of Naas, The Curragh, Punchestown and Leopardstown.

Post-auction report: Just shy of €15,000/ac for 48ac block in Offaly

Land has changed hands for €14,895/acre, €2,395 more per acre, than the guided price of €600,000 for the 48-acre block in Rhode, County Offaly, in a sale also handled by this firm.

Jordan Auctioneers sold the property through a public auction last week on Thursday, September 14th, 2023, in the Keadeen Hotel in Newbridge in Kildare.

According to Clive Kavanagh of the selling agents, “there were only 3 parties in attendance, but all were bidders making for a good auction”.

Bidding opened at €450,000 with two purchasers battling it out and it wasn’t until the hammer almost fell that the eventual buyer came in and secured the lands for a figure of €715,000, equating to just under €15,000 per acre.

Read this post-auction report.

See more news on www.thatsfarming.com

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