Post-auction report:
Jordan Auctioneers sold a derelict residence with a limestone yard and outbuildings on circa 8.5-acres in Co Laois for €360,000 last Friday (July 23rd).
The property in Closeland, Ballybrittas, is approximately 2km from the village of Killenard, 4.5km from Monasterevin and 15km from Portlaoise.
According to the property firm, approximately 20 people attended the auction with four active bidders.
Post-auction report
The selling agents said:
“The property offers great potential for someone looking for a prestigious holding in a good location.”
“The yard had many original limestone buildings, including coach houses and stables. There is also a hay barn with lean-to shed.”
“The land was all in grass with extensive road frontage on two sides. The successful purchaser is believed to have connections in the general area.”
Land makes over €22,00/acre in Kildare
Earlier this month, the property firm sold circa 13-acres of land in Castlekeely, Caragh, Co Kildare for just over €22,000/acre at auction.
Jordan Auctioneers successfully sold the property for €290,000 on Thursday, July 8th, 2021, using LSL Auction’s online platform.
The land is located close to the village of Caragh (1.5km) and easily accessible to a wide range of locations.
These include Naas (7.5km), Newbridge (10km), Sallins (9km), Clane (9km) and the M7 (7.5km).
The entire has extensive frontage onto the local road and was in 4 divisions, all in grass. The selling agent described it as “very good quality land ideal for any number of uses with natural boundaries and hedgerows throughout”.
Kildare land auction report
Speaking after the auction, Clive Kavanagh of Jordan Auctioneers stated:
“There had been strong interest in the lands from the moment it went on the market, with many of those enquiring hoping to obtain planning permission at some future date for the construction of a residence.”
“There were also enquiries from those sitting on cash deposits and looking for somewhere safe to ‘park money’.”
The purchaser was a solicitor acting in trust for an undisclosed client.
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