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Parcel of land in Castleisland sold for over €1 million

Oct 22, 2022 13:21 By radiokerrynews
Parcel of land in Castleisland sold for over €1 million
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A parcel of land in Castleisland has sold for over €1 million.

The 74 acre (30 hectare) non-residential farm at Ballygree was auctioned by Tom Spillane & Co. Auctioneers in Killarney recently.

The land is 3km from Castleisland, off the N23, and includes a farmhouse and outbuildings that are in poor repair.

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Bidding started at €700,000 for the lot and rose to €920,000, at which point it was withdrawn.

After negotiations, the property was formally sold to a local farmer for a figure believed to be in excess of €1 million, which represents a sum of €14,500 per acre.

 

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