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HomeFarming News170ac farm with entitlements available for 10-year lease for €60,000/yr
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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170ac farm with entitlements available for 10-year lease for €60,000/yr

New to the rental market is a 170ac prime farm in Ballinahinch, Birdhill, County Tipperary.

According to the Fee Auctioneers, this is “one of the finest farms to come onto the leasing market in 2022”.

The property has an “extensive” farm building, with cattle housing “ideally” suitable for a medium-large scale dairy enterprise available for lease in one lot.

Rent Tipperary Farm

The agent said: “This is a superb opportunity for a new entrant or an established operator.”

The land is currently in permanent pasture, with c.145-acres in one block and a further 25-acres, only 2km from home farm.

It boasts road frontage onto three roads and is laid out in large divisions, all in “good hearth”.

This is currently a beef, sheep, and equine farm, but it is “very suitable” for a large-scale dairy enterprise.

The farm is “superbly” located at junction 27, fronting onto the M7 Dublin-Limerick motorway.

The selling agent said the property is available for lease for a ten-year term with entitlements.

Over €26,000/acre for land 

Meanwhile, in other property news, Jordan Auctioneers sold what it described as a “smashing” 12.55-acre parcel of land just outside Castledermot, Co. Kildare, by public auction on Tuesday, September 20th, 2022, for €330,000.

Ahead of the sale, selling agent, Clive Kavanagh explained that the property, in its entirety, comprised “top quality land, ideal for any number of uses”.

The land, he explained, is slightly elevated, is currently in stubble and boasts “loving views in all directions”.

“The entire would make an ideal site for a residence subject to obtaining the necessary planning permission,” he added.

He guided the property – which is in the south of the county and is circa 1km outside Castledermot, on the R418 towards Kilkea – at €15,000/acre.

According to the firm, bidding opened at €170,000, and three bidders battled it out at Keadeen Hotel, Newbridge.

The firm placed the property on the market, with the auctioneer accepting several more bids before the gavel fell for a figure equating to just over €26,000 per acre.

The property firm understands that the purchaser is based locally.

Read more in this news article.

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