Sellers of a 110 ac farm in Listrim, Ardfert, Co Kerry are hoping their sale will mimic that of a nearby 55.5 ac farm which fetched a princely €21,000/ac at auction last week.
The fertile 55.5 acre property on the outskirts of the village of Ardfert with 500m of road frontage, described by auctioneer Ger Carmody as “extraordinary farmland”, has been sold in one lot.
Suitable for tillage or grazing, it produced a crop of Brussels sprouts this winter and has a reputation as a good potato soil.
It includes a yard with a six post slatted shed, an eight unit milking parlor with a large tank and a barn with a double shelter.
At the auction, Mr. Carmody opened the proceedings by accepting a bid of €700,000. Three bidders drove the price up to 1.1 million euros, where the property was put up for sale.
The bid went up to €1.16 million when a local dairy farmer won the bid.
The 110ac non-residential farm at Ballyroe, Listrim, 4km from Ardfert on the Tralee road, is an equally lovely plot.
It has been fully plowed and reseeded by the current owners and is in tip-top condition for dairy farming or tillage, with an agricultural road serving all departments and plenty of frontage to the public road.
It is listed at around €16,000 to €16,500/ac.
Mr Carmody is managing the sale and expects it to go very well given the demand for land in North Kerry.
“There are a number of factors that affect the market here,” he explains.
“There’s a shortage of land for sale, there’s a good number of progressive dairy farmers and you have the Kerry shares.”
This combination of demand, scarcity and available cash gives an advantage to land sales in the northern reaches of the kingdom, where strong prices and competitive transactions are the order of the day.
The farm at Listrim is currently operated as an outlying farm for a larger dairy company and in recent years has been used for growing forage crops, meadows and tillage.
It comes without stables and pretensions and will be attractive as an essential addition to any existing farm or as a strong base for a new farm.
A building permit for a residential building is possible.
The participation is marketed privately.
https://www.independent.ie/business/farming/farm-property/munster-farm-sales/exceptional-ardfert-parcel-makes-21000ac-as-kerry-shares-make-a-share-of-kerry-expensive-41538630.html ‘Extraordinary’ Ardfert package makes €21,000/ac as Kerry shares make Kerry shares expensive