Outdoor land auction in Sallins achieves €20,000 per acre

What a beautiful day for the hammer to fall on the lands at Waterstown, Sallins!

In line with Covid Guidelines, O’Neill & Co held a well-attend outdoor auction in the sunshine today where 20 acres of farmland at Waterstown, Sallins, Co Kildare, sold for a strong price of €400,000 equating to €20,000 per acre.

With road frontage onto the Grand Canal, and rear access via Digby Bridge, this parcel of land generated plenty of interest from both locals and further afield. 

The property was guided at €300,000/€350,000 in advance of the auction which saw an opening bid of €300,000 followed by a protraction of bids up to €400,000 from numerous parties. At that point Darac declared the property on the market and the hammer fell at €400,000. 

Parcels of lands of this size and in these locations rarely come to the market and when they do, they generate significant interest. The price achieved of €400,000 or €20,000 per acre demonstrates the significant appetite for lands both as an investment medium and for farming/equine purposes.

For further information please contact us on +353 45 856604.

Pictured here are: Breda Storey of Clarke Jeffers Solicitors, Darac O’Neill & Stephen Keeler of O’Neill & Co.