While it’s not uncommon for smaller parcels of land to achieve such high per-acre prices over the course of a year, the large holdings such as this one very rarely reach such heights.īefore the auction, the stated price expectation was just €12,500/acre.

The purchaser was a local farmer acting through a solicitor, Alison says.

The bidding didn’t end there, however, and those smaller increments worked their way up to a final offer of €2,100,000, or just shy of €17,650 per acre. After this, bids came in smaller increments.”Īt €1,750,000, this was already above expectations, and proving to be a very strong price at some €14,700/acre, an extraordinary figure for such a large holding of over 100 acres. “Bids increasing in increments of €50,000 were taken until we got to €1.75m. “We offered the 118.97 acres first and bidding started at €1.2m,” says Alison. Lot 2 comes with entitlements worth approximately €1,000/year. The property was listed in two lots, with the bulk of the land (about 119 acres) comprising Lot 1 and the remaining 10 acres or so making a second lot physically separate from the first. It’s in a strong location agriculturally, about 6km from Cashel, on the outskirts of Golden and located on two public roads. There was no dwelling house with the lands, although it does feature a large old shed in the centre of the holding.

Golden farm market