80 acre Kildare farm sells for €12k an acre

Coonan Property sold a superb 80 acre farm at Castledermot for €1,655,000 or almost €21,000 per acre, at Lawlor’s Hotel, Naas recently.

To a packed auction room, the bidding opened at €1,000,000 and went quickly to €1,450,000 with four bidders participating. Then two bidders got involved and the property quickly reached €1,610,000 at which point it was placed on the market. The remaining two bidders fought it out until it was sold to a Carlow based farmer for €1,655,000.

The 80 acres consist of prime quality free draining lands in an excellent location. The lands are presently in stubble and are laid out in one large division. The lands have been in tillage in recent years and consist of the highest quality free draining soils. There is development potential for a superb residential site, agricultural enterprises and/or renewable energy development (STPP). The lands are in close proximity to national transport routes. Lot 1 which consists of the residence and and 7.5 acres was withdrawn at €570,000 and consists of a detached period residence extending 158 sq.m. (1,700 sq.ft). For more information please contact Philip Byrne or Will Coonan on 01 628 6128.