A farm in Liffane, Askeaton, Co. Limerick, has been described as a “truly superb roadside farm” with 74.1 acres of prime agricultural land known for its fattening qualities. The farm is set to be sold at a public or online auction in GVM Auctioneers’ Limerick city auction rooms on Thursday, September 7th at 3:00 p.m. The property director at GVM Auctioneers, Tom Crosse, stated that the farm is located 1.5km from the main Limerick to Foynes Road (N69) and boasts excellent quality land that is easily managed, well watered, and fenced. The farm also has extensive road frontage and potential for development with a derelict residence and some ancillary outbuildings. It is surrounded by natural stone boundary walls and has a private water supply. The overall guide price for the farm is €1 million plus. It will be sold in one or two lots.
Lot 1 consists of approximately 28.5 acres and includes a derelict residence and a range of outbuildings such as a 60×40 slatted house with cubicles and a lieback area, a cattle crush, and a hay barn. Lot 2 comprises around 45.6 acres of prime, quality lands with extensive road frontage. Lot 3 includes the entire farm.
Askeaton is believed to be the oldest town in Co. Limerick and is situated on the banks of the River Deel. The town is rich in history and archaeological remains and offers a variety of amenities and facilities. It also has a significant industrial sector. The auctioneer expects strong interest in the Askeaton land from both dairy farmers and the business community. The decision to sell the land has been made as the owner is retiring. According to Tom Crosse, dairy farmers are still active in the market, but there is also a growing trend of business people investing in land, which is making it more challenging for traditional farmers.
With its prime agricultural land and excellent location, the farm in Askeaton presents a unique opportunity for potential buyers. The auction on September 7th will determine the future of this highly sought-after property.