WATCH: Land makes €15,400/acre


A local drystock farmer purchased 14-acres of good quality land with extensive road frontage for €215,000.

WATCH: Land makes €15,400/acre

  • ADDED
  • 29 days ago

A local drystock farmer purchased 14-acres of good quality land with extensive road frontage for €215,000.

The hammer fell at €215,000 (€15,400/acre) for a “charming” C. 15-acre residential roadside holding with outbuildings at The Talk Of The Town, Kiltegan, Co. Wicklow on Tuesday (March 19th).
The auction of Portrushen Lower, Kiltegan, Co. Wicklow drew a crowd of more than 50 people, according to Quinn Property.

David Quinn – Auctioneer - described the auction as “an ideal opportunity to purchase a small holding or to increase a present holding, with the lands lending themselves to any agricultural enterprise”.

The Property was offered in the following lots:

  • Lot 1: Residence & Farmyard on C. 0.83-Acres;
  • Lot 2: C. 14-Acres.

Lot 1: The residence and farmyard were guided at €70,000. Bidding commenced at €40,000 and with four separate bidders, it moved onto €75,000, at which point it was declared on the market.

The hammer fell at €80,000, with a local individual making the highest bid.

Lot 2 comprised c. 14-acres of good quality land with extensive road frontage; it was guided at €140,000.

Bidding started at €100,000 and with two strong bidders, it moved briskly to €210,000; it was then declared on the market.

A new bidder entered and after two bids it was knocked down to a local dry-stock farmer at €215,000 (€15,400 per acre).

Image source: Quinn Property

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