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The 40.5ac at Gorteen, Johnstownbridge, Co Kildare, was sold recently by auctioneer Edward Carey.
Recent days have seen good prices paid for farmland sold at auction. Auctioneer Edward Carey had a successful auction of 40.5ac at Gorteen, Johnstownbridge in Co Kildare.
A bid of €485,000 was made for the farm but it was withdrawn.
Negotiations then took place with this bidder – over the phone – and the land was sold shortly afterwards for a higher figure believed to be around the guide price of €500,000. The buyer is reported to be a local farmer.
Speedy sale
GVM sold 41ac of grassland at Derrycoffey, Croghan, Rhode in Co Offaly. The property had been guided at €200,000 but sold in the online auction at €250,000.
KilleighOffalyIrelandJohnstownbridgeLeitrimKnockanannaWicklowGorteenLaoisBallymaghroeBallinagarDerrycoffeyRecent days have seen good prices paid for farmland sold in online auctions.
On Friday last, GVM Property Tullamore sold 41ac of grassland at Derrycoffey, Croghan, Rhode, Co Offaly.
The property had been guided at €200,000, but sold in the online auction at €250,000.
Auctioneer Gordon Cobbe said that such was the interest that the bidding was completed and the land sold within 150 seconds of the auction opening.
The opening bid was €100,000. The land has a derelict cottage and road frontage.
Offaly farm
This was located in divisions at Killeigh, Geashill and Ballinagar.
Having been guided at €950,000, the holding sold at €1.255m, in three lots.
KilleighOffalyIrelandKnockanannaWicklowBallymaghroeCootehillCavanBallinagarDerrycoffeyTullamoreWexford