Castletown Geoghegan farm makes €685,000

On Thursday July 1, Murtagh Bros Auctioneers held an online auction for a holding at Rathdrisogue, Castletown Geoghegan, consisting of a c.51.2 acre residential farm of excellent quality with a three-bedroom bungalow and outbuildings.

The property was offered all in one lot and generated a lot of interest in the build-up. That resulted in a fast flowing and competitive auction. The bidding opened at €300,000 and increased swiftly in bids of €10,000.

The auction was conducted by Dillon Murtagh of Murtagh Bros, and the property went on the market at €530,000 – the final bid achieved was €685,000.

Murtagh Bros Auctioneers, Green Bridge, Mullingar: 044 93 42512.

Auction result: €18,500 per acre

There was a lot of interest and a competitive online auction, held by Murtagh Bros on Thursday June 24, for a c.24.78 acre property at Lynn close to Mullingar.

There were a number of committed bidders for the auction, conducted by Dillon Murtagh, who achieved a sale figure of €460,000, equivalent to just over €18,500 per acre, a benchmark price for the area.