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€24,712 per Acre: Prime Farmland with c.87 Acres in Kells Sold by Raymond Potterton

€24,712 per Acre: Prime Farmland with c.87 Acres in Kells Sold by Raymond Potterton

LSL Auctions would like to extend their congratulations to Raymond Potterton for the successful sale of prime land in an online auction held this afternoon. The land comprises approximately 87 acres and adjoins zoned lands under the 2021 Kells Development Plan.

Watch the full Online Auction. Click Here!

The farm is a superb property entirely covered with top-quality permanent pasture that is suitable for any agricultural use. It is laid out in five well-sized regular divisions with a natural and piped water supply and excellent cattle handling facilities. These facilities are present both on the road frontage and a further carrell towards the center of the farm.

This excellent agricultural property is located in an exceptional address, just 900m from Kells Town Centre and beside the M3 Motorway. Its obvious potential for the future is a significant selling point. It is not surprising that the property received numerous bids during the auction, ultimately selling for an impressive 2,150,000.00 euros.

The sale of prime agricultural land in Kells

The recent sale of prime agricultural land in Kells has generated significant interest in the Irish property market. The property, which comprises approximately 87 acres of land adjoining zoned lands under the 2021 Kells Development Plan, was sold in an online auction for an impressive 2,150,000.00 euros.

Overview of the property

The property is a superb farm entirely covered with top-quality permanent pasture suitable for any agricultural use. It is laid out in five well-sized regular divisions, with a natural and piped water supply and excellent cattle handling facilities.

Quality of the pasture and agricultural potential

One of the key factors that made this property so attractive was the quality of the pasture. The top-quality permanent pasture is suitable for any agricultural use, making the land highly versatile and capable of supporting a wide range of farming activities. This quality pasture also means that the property is likely to yield high-quality crops and produce.

Facilities for cattle handling and management

The property boasts excellent facilities for cattle handling and management, both on the road frontage and a further carrell towards the center of the farm. These facilities make it easy to manage livestock and ensure that the property can be operated efficiently and effectively.

Location of the property and its future potential

The property’s location, just 900m from Kells Town Centre and beside the M3 Motorway, makes it an exceptional address. Its proximity to Kells and the M3 Motorway provides easy access to nearby amenities, services, and transport links. This excellent location also highlights the potential for future development and growth.

The impact of zoning laws on the sale of agricultural land

The zoning of land can significantly impact its value and potential for development. In the case of the Kells property, its designation as adjoining zoned lands under the 2021 Kells Development Plan likely contributed to its high value and future potential.

Zoning laws are often used to control and guide development in specific areas. The 2021 Kells Development Plan, for example, sets out the town’s future development strategy and identifies areas where development should occur.

The designation of the Kells property as adjoining zoned lands means that it is located in an area where future development is likely to occur. This designation may have increased the property’s value and potential, as it presents an opportunity for future development and growth.

The role of online auctions in the sale of agricultural land

Online auctions have become increasingly popular in the sale of agricultural land in Ireland. They provide a convenient and efficient way for buyers and sellers to engage in property transactions.

The recent sale of the Kells property in an online auction demonstrates the effectiveness of this sales method. The online auction likely contributed to the property’s high value, as it allowed for wider access to potential buyers and facilitated more competitive bidding.

Key takeaways from the sale of prime agricultural land in Kells

The recent sale of prime agricultural land in Kells highlights several key takeaways. The quality of the pasture, facilities for cattle handling and management, and location of the property are all significant factors that contribute to its value and potential.

The property’s designation as adjoining zoned lands under the 2021 Kells Development Plan is also likely to have contributed to its high value and future potential. Finally, the use of online auctions in the sale of agricultural land in Ireland is becoming increasingly popular, and the recent sale of the Kells property demonstrates its effectiveness.

The sale of the Kells property reflects the strong demand for high-quality agricultural land in Ireland, and the continued importance of strategic location and future potential in determining its value.

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