KILDARE PROPERTY WATCH: 12.5 acres sells for €330,000

Jordan Auctioneers sold a smashing 12.55-acre parcel of land just outside Castledermot by public auction on Tuesday, September 20 for a figure of €330,000.

Extending their renowned reputation for achieving strong agricultural prices in the Athy area, bidding opened at €170,000 with three active bidders.

The property was placed on the market with several more bids before the gavel fell for a figure equating to just over €26,000 per acre. The purchaser is believed to be local based.

The land was described by selling agent Clive Kavanagh “as top-quality” and there was strong interest from the outset of the sale and according to Clive.

He said this was “from a mixture of local based parties and some investors looking for a safe place to put money in view of the general global uncertainty.”