Over 120 acres of lands just over Tipperary border going up for auction - Kilkenny Live

Whitehall, Grangemockler

A very attractive farm is coming to the market in early March. 123 acres of very good quality lands, mainly in one block, are being offered by public auction and this will be an interesting gauge as to the present market with regard to very productive, non-residential lands.

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The property consists of all top class, arable/ grasslands, located just 2 kms from Grangemockler village, on the N76 Kilkenny/ Clonmel Road.

The bulk of the lands are in a 100 acre block and have had a history of growing cereals and potatoes and have been in grass for the past 7 years. Directly across the road is a smaller 23 acre block, which has always been in pasture.

The property has good road frontage and has roadside services available. According to auctioneer David Shee, there are many reasons why farmland in general is selling well at the present time.

Dairy farmers find themselves needing to acquire more land or to face having to potentially cut stock numbers, there is positivity and confidence in the dairy sector especially, but also in the beef sector and land is seen as a good investment not only for farmers, but also for investors looking for a tax efficient home for their money.

Long term leasing is providing older farmers with an income and an alternative to selling their property and this along with the historic reluctance to sell land in Ireland is leading to a shortage of farms coming to the market, at a time when demand is increasing.

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The auction of the farm will take place in The Carraig Hotel, Carrick-on-Suir, on Friday, March 3 at 12 noon and full details of the farm are available from Shee & Hawe Auctioneers, Carrick-on-Suir.