Tuesday, April 16, 2024
6.6 C
Galway
HomeEditor's Picks535ac estate hits the market with €7.75 million guide price
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.
Reading Time: 2 minutes

535ac estate hits the market with €7.75 million guide price

Savills has just launched to the market, Kilree Estate, Co Kilkenny, a “superb” agricultural and residential estate with amenities extending to about 535-acres (216.51 ha) of ring-fenced land, with a guide price of €7.75 million.

Situated in a prime agricultural area of Ireland, the historic estate is extremely accessible, with the M9 (Junction 9) 5 kilometres to the south and Kilkenny City 7 kilometres to the north.

Kilree Estate consists of an attractive variety of assets, including a charming country house at its core.

The period house is set within mature parkland and includes well-balanced and beautifully proportioned accommodation.

The estate also includes a range of outbuildings plus extensive farm buildings laid over four yards.

The majority of the farm is presently let, with a dairy enterprise being run at Kilree, according to the selling agents.

- Advertisement -
Butler comments

According to James Butler, head of residential & country agency at Savills:

‘’Kilree Estate offers the extremely rare opportunity in Ireland to acquire a productive farm with a fine period house which extends to over 500-acres and lies within a ring-fenced block.”

“It was last offered for sale in the mid-1950s and we anticipate interest from both domestic and overseas buyers, given its premier location and unusually large scale.’’

A particular advantage of the estate is the extent and quality of the farmland which lies in a ring-fenced block, he noted.

The farmland at Kilree extends to circa 468-acres, which is presently all in rotational grass but has previously grown a variety of arable and root crops, including wheat, barley, and sugar beet.

The woods at Kilree total about 48-acres and are a combination of mature deciduous species and younger plantations of mixed species.

In addition to amenities and shelter, the woods add to the diversity of the estate and provide opportunities for conservation, as well as income generation, he commented.

The agricultural element of the estate is described by Savills as a “key feature” and features excellent infrastructure, including the paddock system, water supply and access via both the public roads and a network of internal roadways.

- Advertisment -

Most Popular