22-04-2025
42-acre farm with Cottage in South Tipp sells at auction
A 42-acre farm in South Tipperary was successfully sold at auction recently by Clonmel-based auctioneers P.F. Quirke & Co.
The property in question is at Crohane Lower, 6km east of the village of Killenaule, 25km from Cashel and 30km from Clonmel, where the auction took place on Tuesday, April 15.
There was a good level of interest in the grassland holding beforehand. Laid out in three divisions, the property enjoyed a long stretch of road frontage and was offered in lots.
Lot 1 was 19.5 acres of land. According to selling agent Patrick Quirke, this parcel was of good quality with the exception of 2.5 acres of waste.
Lot 2 was 22.5 acres of land.
Lot 3 was a derelict cottage and its surrounding area, known as its curtilage.
The pre-auction guide price was approximately €12,000/acre, and there were approximately 20 people present in Quirke's Clonmel auction rooms.
Lot 1 was up first and, after a lot of competitive bidding, was sold for €315,000 (over €16,000/ac).
There was good competition for Lot 2 also, which sold at €305,000 (€13,500/ac).
In these times of housing shortage, the cottage was always going to be of interest. It failed to make the reserve, however, reaching a value of €75,000 on the floor. It was withdrawn and sold immediately afterwards for a higher undisclosed sum to the purchaser of the lands, Mr Quirke confirmed.
'This underscores the good prices achievable for rural farmland in Tipperary, even when there are no business or equine interests,' Mr Quirke added.
