90-acre farm on Meath-Cavan border attracting strong interest
Oldcastle On For The House Sale Brackloney, The Acres Period 89 At
For sale jointly with Fintan Cahill Auctioneering in Virginia, Cavan, and Navan-based auctioneers Smith Harrington, an 89.5-acre farm straddling the Meath/Cavan border near Oldcastle is new to the market.
The property is presented in five lots, offering a number of interesting elements — including two disused dwellings.
Lot 1 (in Co Meath) is a disused one-storey dwelling on 1.1 acres. Lot 2 (Co Meath) consists of 38.9 acres of farmland. Lot 3 (Co Cavan) is a disused two-storey period dwelling on 1.6 acres. Lot 4 ( Co Cavan) consists of 36.9 acres of land, and Lot 5 (Co Cavan) is 11 acres of land.
The executor sale is likely to attract a good deal of interest from various parties — both farmers and non-farmers — with plenty of focus on the two residences.
The land consists of level-quality grazing in the main, according to joint agent Fintan Cahill, albeit with a 20-acre section in need of reclaiming.
The price expectation for this holding of many parts isn't easy to predict, with Lot 1 and Lot 3 guiding €150,000 and €250,000 respectively.
As for the land, though much of it is in Meath — where the official average prices are approximately €14,000/acre — the values in this part of the county are closer to €10,000/acre.
The coming weeks will reveal the true value of this interesting holding.
