A 16ac holding on the border of Wicklow and Carlow has sold at auction for €15,000 per acre in two lots, both exceeding expectations by several thousand euros.
The sites on the main road between Hacketstown and Kiltegan, both in grass, came as 11.7ac and 4.4ac parcels, each having road frontage and natural water supplies.
Auctioneer David Quinn guided the property between €10,000 and €12,000 per acre and described strong interest in the property with “almost ten register bidders” prior to the auction.
On the day of the auction, Lot 1 for 11.7ac was sold for €160,000 (€13,675 per acre) and Lot 2 reached €80,000 to be sold for €18,180 per acre after the opening round of bidding.
Speaking after the auction, Mr Quinn remarked that he was “extremely pleased with the result which equates to €15,000 per acre across the entire holding”.
On Wednesday, December 20 33ac of tillage land near Aughrim will go to auction, with the sale offered as an entire package or in two lots of 13.2ac and 20.2ac.
The lands are located 3km north of Aughrim, 10km south of Rathdrum and 15km from Arklow town, laid out in four divisions with free draining soils that are suited both to tillage or grassland use, though they are currently in tillage.
This article was written by Jessica Lamb and can be accessed here.