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03/08/2021

Sixty-seven acres in Midlands sells for incredible amount at auction

  Sixty-seven acres in Midlands sells for incredible price at auction

Sixty-seven acres in Midlands sells for incredible price at auction

Sixty-seven acres in the Midlands has sold for an incredible price at auction.

Joe Coogan Auctioneer handled a highly successful sale last Friday of the land at Clonboyne, Portlaoise which was sold in three individual lots for a total of over €1.1 million.

Lot 1 consisted of 40-acres with a residence and farm buildings. It sold for €945,000. This was purchased by Owen O Mahony Solicitor, Kilkenny city. The under bidder was a local dairy farmer.

Lot 2 of 13.062 acres sold for €170,000. This was purchased by Michael Ryan Solicitor Rathdowney.

Lot 3 of 13.724 acres sold for €200,000.  This was also purchased by Michael Ryan Solicitor Rathdowney.

The circa 67 acres averaged at €19,514 per acre.

The land sold went for well above the average price per acre which was €11,523 in Laois in 2019 and €8,971 nationally.

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