€12-€13,000/acre expected at auction for 44-acre Tipperary farm
Coming up for auction next Wednesday, May 21, is an interesting 44-acre holding located in North Tipperary.
The man with the gavel on the day is Tullamore-based Thomas Potterton of REA Potterton, and as well as the live auction at the County Arms Hotel in Birr, there will also be a simultaneous live online auction via the LSL auctions platform.
The property is in the townland of Castlesheppard in North Tipperary in a fertile zone about 3km off the N52, 8km from Borrisokane, 15km from Birr and 22km from Nenagh.
'It's a really nice block of land,' said Mr Potterton of the holding. 'It's all in permanent pasture and it's probably best suited as that. It's laid out in three or four fields and there's a nice piece of woodland of about seven or eight acres in the centre.
'There's piped water supply to each of the fields. There's a good well there but there's also mains water available at the roadside.'
The locality is well supported by an established farming infrastructure with abattoirs, contractors, merchants, Nenagh livestock market, and other service industries, which are all close at hand.
The property includes a good farmyard with outbuildings. These include a hay barn with lean-to out offices and crush. According to the selling agents, the lands have been carefully farmed down through the years and ready to go for the next owner.
'It would also be a lovely piece of land to build a house on,' added Mr Potterton, who pointed out there are two entrances directly from the public road.
'You have plenty of road frontage onto a minor public road… it's also a lovely area, with the Slieve Bloom mountains in the background.'
The locality, Mr Potterton added, is well supported by an established farming infrastructure with abattoirs, contractors, merchants, Nenagh livestock market, and other service industries, which are all close at hand.
According to the selling agents, there has been a good level of interest so far. In terms of price, the hope is the farm will make in the region of €12,000 to €13,000/acre. It's a reasonable amount that should be very achievable for a quality land block in this part of the world.
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