Businessman wins the day for multi-million euro Limerick farm
Four bidders vied for the 181 residential farm in Meanus
A 181 acre residential farm for sale in County Limerick which went up for auction last month has a new owner.
The land and house at Bohergeela, Meanus, was brought to the market by REA Dooley Group.
It went under the hammer on Tuesday, July 21 in the Woodlands House Hotel, Adare.
Pat Dooley, group director of REA Dooley Group, said: “It is a very classy property in the heart of the Golden Vale."
He added that it is rare for a land block of this size to come to the market.
The agricultural holding itself extends to approximately 156 acres, is all in permanent pasture, is well-fenced and has excellent infrastructure running through the farm.
Mr Dooley says its location was a big plus.
“It is 750m from Meanus village, 6km from Bruff, 15km from Kilmallock and just 15 minutes to the outskirts of Limerick city. That’s attracting a lot of people,” said Mr Dooley (pictured below).
Prior to the auction, he said the residential farm was attracting dairy farmers but there were business people looking at it as well. He was proved right.
Mr Dooley said the auction in the Woodlands House Hotel was well attended.
“A total of five interested parties registered for the auction both online and in the room. Four took part in bidding,” said Mr Dooley.
The auctioneer said the property was withdrawn at €2.2m but sold afterwards for a higher figure.
It is understood the buyer was a local businessman.