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.