‘Fine’ 124-acre farm guiding at over €1.8M

What’s being described as “one of the finest farms of land” in County Monaghan has just come on the market in the Castleblayney area with a guide price in excess of €1.8M.

Fee & Associates have confirmed their instructions to sell this residential farm, which extends to circa 123.82 acres (c.50.11ha).

The property is located at Tullynamalra, Castleblayney, just off the R181 Castleblayney-Keady Road.

Key features of this grass farm are two detached traditional farmhouses, with beautiful countryside views, both eligible for the vacant property refurbishment grant. There is also an array of useful outbuildings to include cattle handling facilities and a 10-bay slatted shed.

Land agent, Raymond Fee, adds: “With a good grazing platform, this farm presents as some of the best land in the region. These elevated lands are laid out in a number of divisions, are accessed via a laneway through the farm.”

The farm is for sale in one or more lots. Lot one (c61.7 acres) includes 10-bay slatted shed, outbuildings and derelict building.

The second lot (c51.22 acres) takes in a two-storey farmhouse (in need of repair) plus outbuildings. Lot three comprises c11 acres and roadside lands. Lot four encompasses the entire holding.

“Keen interest” in the property, so far, puts it on course to achieve in the region of €15,000 per acre.

Mr Fee added: “The farm’s condition and quality is excellently presented, with the added benefit of the old derelict dwelling on Lot one and full planning permission for a residence on lot two, making this property a very desirable investment opportunity.”

Enquiries to 049-5556547 or 042-9329911. The property can be accessed at Eircode: A75 W563; while the folio numbers pertaining to the land holdings are: MN11402, MN11403, MN11503, MN11504 and MN11505.