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Ballyknocken, The Ballagh, Co. Wexford – Auction Report

SOLD FEBRUARY 2020 – Valuable C. 23.7 Acre Roadside Holding For Sale By Public Auction On Wednesday 26th February At 3pm In Riverside Park Hotel, Enniscorthy, Co. Wexford.

Ballyknocken, The Ballagh, Co. Wexford - Auction Report
Map of the Lands on Offer

Our first land auction of 2020 brought a c.23.7 acre holding to the market which is laid out in four divisions, all of which are currently in grass. The land is of excellent quality, well fenced, free draining with a natural water supply and suited to most agricultural uses.. The property had a guide price of €10,000 – €12,000 per acre.

There was a large turnout on the day of the auction with approximately 30 people in attendance. Bidding opened at €200,00 and quickly reached €275,000 with the help of 3 bidders. The property was then placed on the market. Upon reaching €300,000 there were no further bids and the hammer fell. The price achieved equated to approximately €12,658 per acre and exceeded the guide price.

David Quinn
Auctioneer David Quinn

Auctioneer David Quinn advised that the purchaser is a local farmer who was seeking to expand his operations. He also noted that the number of underbidders should lead to a strong demand for similar properties in the coming weeks and months.

To view the full property listing please click here.

QUINN PROPERTY – No.1 Independent Auction House in the South-East

Tel: 053 94 80000
E: sales@quinnproperty.ie

on Wednesday, February 26, 2020 in Auction Reports, Media

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