A 124ac residential holding at Knocknaboley, Tinahely, Co Wicklow made €1.05m under the hammer of David Quinn. The property includes a derelict two-storey, stone-built farmhouse with a courtyard of stone outhouses. The lands come with extensive road frontage and are made up of 74ac of grazing ground and 35ac of forestry with 10 years of premiums remaining. 15ac is in rough grazing.
The online auction attracted a huge volume of local attention as well as interest from overseas. The holding was offered in five lots and the entire. There was strong initial interest in the lots and, after the first round of bidding, they had accumulated €880,000. However, the entire was making €970,000 at this point. The lots were withdrawn and the entire was put on the market at €1m. Bids kept coming until the hammer fell at €1.05m —more than €100,000 over the guide price.
This article was written by Jim O’Brien of the Irish Independent. It can be accessed here.
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