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12 Mar 2026

Deal struck on Limerick farm land for €1m

Deal struck on Limerick farm land  for €1m

These 39 acres in Ballinaguile, Croagh were sold last week for nearly €13,250 per acre

TWO FARMS of land up for auction in Limerick were favourably met by the market.

First up in GVM’s Limerick city auction room was 39 acres in Ballinaguile, Croagh and followed by 74 acres at Liffane, Askeaton.

The latter was offered for sale in one, two lots or the entire. Liffane, Askeaton is located 1.5ms from the main Limerick to Foynes Road (N69) and contains excellent quality land, laid out in easily managed divisions and is very well watered and fenced. There is a Single Farm Payment of €13,578.41.

Lot 1 was 28.5 acres, a derelict residence thereon, a range of outbuildings including 60 X 40 slatted house with cubicles and lieback area, cattle crush and haybarn.

Lot 2 was 45.6 acres of prime quality lands with extensive road frontage and possible site potential. Lot 3 was the entire.

GVM’S Tom Crosse said following on from a number of bids and options, the entire farm was withdrawn at €880,000.

“A deal was concluded immediately afterwards,” said Mr Crosse. Farm Leader believes the final figure is in the region of €1m with a local beef farmer thought to have won the day. The price obtained reflects a figure in the region of €13,250 per acre.

Prior to that auction on Thursday was 39 acres in Ballinaguile, Croagh. It is situated in a very strong and affluent agricultural hinterland, around 3kms from the main Adare to Ballingarry road.

The holding is laid out in easily managed divisions and well watered. There are no outbuildings or residence. It is ideal for all types of farming including beef, dairying, equestrian or hobby farming.

Mr Crosse said there were three interested parties on the day with a bid of €250,000 the first one struck.

“The land went on the market at €385,000. Six bids later the gavel fell at €420,000,” said Mr Tom Crosse, who expressed satisfaction at the price obtained, stating that the land is accessed via a long right of way. It is thought that a local dairy farmer is the new owner.

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