Bumper price of 25,000 per acre secured for farmland in Offaly

A BUMPER price of €25,000 per acre was secured for farmland at Freagh, Kilcormac.

Birr based auctoneer, William rigeny revealed: " We're delighted to announce that the sale of C. 32 acres (12.95 Ha ) of lands at Freagh, Kilcormac, has now closed with an excellent result achieved for our client returning a record price in excess of €25,000 per acre in a short space of time.

"With huge interest in this property we have a number of buyers that missed out and we're on the lookout for similar properties to meet growing demand.

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"In the past month we successfully sold a couple of other parcels of mixed quality lands achieving in excess of €10,000 per acre.

"Currently on the market is a nice compact 15 acres at Scarry, Kilcormac, Co. Offaly with a guide price of €150,000 this is a very appealing plot and currently under offer with viewing highly recommended."