A local farmer has forked out €1,155,000 for a circa 68-acre block of “top quality”, free-draining land with “extensive” road frontage at Clonmore, Edenderry, Co. Offaly.
The property came under the hammer, at Lawlor’s Hotel, Naas, on the afternoon of June 29th, 2023, in an auction handled by David Doyle of JP & M Doyle.
The property has a stock handling facility and ruins of a castle and outbuildings on-site.
The lands, while presently laid under lush grassland pasture, could serve as a multitude of farming enterprises sheltered by mature hedgerows and trees laid out in two main divisions.
According to the property firm, it is situated in the townland of Clonmore, in this most convenient location with easy access to the M4 and M5 and is a circa 25-minute drive to the train station at Enfield with a commuter service to Dublin city.
Speaking following the auction, Doyle told www.thatsfarming.com editor, Catherina Cunnane:
“The lands attracted huge interest with seven active bidders on the day and three of which were still in contention once it passed the €1 million mark.”
“The successful bid of €1,155,000 was placed by a local farmer, and we wish them every success with their new purchase.”
The selling agent continued: “Good land is making good money with a broad range of buyers. Obviously, local farmers play a huge part in the success of any land auction, but as of late, we have found a number of businesspeople keen to buy land.”
“Some come from farming backgrounds and wish to keep a farming interest while others are taking a view to investing in a physical asset rather than stock and shares.”
“The age-old saying that they are buying something they are not making any more of often jumps in conversation when these deals are being done,” Doyle concluded.
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