Jordan Auctioneers, Newbridge has sold circa 53-acres (circa 21.54 ha) of non-residential lands in two lots by public auction which took place on Friday last, September 29th, 2023.
The lands were in south Kildare between the villages of Suncroft and Nurney at Eagle Hill in The Curragh, Co Kildare.
Lot 1 comprised 45 acres, all in one block, currently in grass and laid out in four divisions with natural boundaries and hedgerows on all sides, with a traditional yard providing two hay barns and a crush.
Opening at €300,000 this lot sold for €465,000 with 3 active bidders, a price that equates to just over €10,000 per acre.
Meanwhile, lot 2 extended to 8-acres, and this was in one division. According to the agents, it would make an “ideal” site for a residence subject to obtaining the necessary planning permission, according to the selling agents.
It opened at €50,000 with two bidders before being sold for a figure of €90,000 equating to €11,250 per acre.
The purchasers for both lots were from the general area, according to Jordan Auctioneers.
The property is 4km from Suncroft and 7km from Nurney in South Kildare.
There is access via several local roads and the larger towns of Newbridge (12km), The Curragh (7km), Kildare Town (11km), Athy (13km) & Kilcullen (12km) are all within easy reach.
The M9 and M7s are also both within easy reach (10 mins).
Ahead of the sale, the selling agents suggested that “the entire is an ideal out farm or possible location for a hobby farmer looking to construct a residence”.
“With the land leasing market also strong, the investment merits of acquiring land to take advantage of the tax–free income also presents opportunities”.
In a previous article on www.thatsfarming.com, Clive Kavanagh of Jordan Auctioneers, provided readers with a guide to the leasing of agricultural land in Ireland.