Home News Laois farm sells for almost €600,000

Laois farm sells for almost €600,000

It was a successful day for Castlecomer auctioneer Joseph Coogan in the auction room in recent days, when he sold a 47ac farm at Luggacurren in Co Laois for €587,000.

The sale price achieved almost €12,500 per acre.

Located 11km from Stradbally and 14km from Athy the land is described as good grazing ground, capable of producing good crops of hay and silage.

It sold in two parcels, the first made up of 16ac with road frontage.

This opened at €120,000, went on the market at €205,000 and sold for €227,000 – making €14,187/ac.

The second lot extending to 31ac with laneway access to the public road sold at €360,000 realising €11,612 per acre.

The sale took place at the Auction Room, Ballycomey House, Castlecomer on Friday afternoon.

Farm land in Laois has been consistently achieving prices well in excess of €10,000 per acre over the past few months.

A parcel of Laois land of just over 8 acres of land sold for €123,000 in recent weeks.

The land at Ballydavis, The Heath, was sold at public auction by Matt Dunne & Associates at an auction in the Keadeen Hotel in Newbridge.

The sale of the land saw it achieve approximately €14,236 per acre at a full house in the Keadeen.

In May, a 10-acre plot of land near Ballybrittas sold after a lively bidding war at auction for just under €180,000.

The land at Cloneen, just off the old N7 road between Monasterevin and Portlaoise, is about 2.5km from Ballybrittas and 3.5km from Killenard.

SEE ALSO – Local period home with 56 acres could be yours for just under €1 million