Sold at Public Auction – €1.1 million (€25,500 per acre)

Grange, Ballyboughal, Co. Dublin – approx. 43 acres

Coonan Property are fresh from the auction room and delighted to announce the sale of approx. 43.2 acres of lands at Grange, Ballyboughal, Co. Dublin.

The property extends to approximately 43 acres (17.4 hectares) of high-quality agricultural land, situated within a prime rural setting yet benefiting from excellent connectivity to the Dublin city centre.  Well positioned near the village of Ballyboughal and within close proximity to Lusk, this landholding represents a rare opportunity to acquire a property in a highly sought-after location, with notable future development potential.

Benefiting from good access, the property is both practical to manage and highly attractive to a wide range of purchasers.  There are established access points onto both the R129 and R108, providing easy connectivity to the M1 and M2 motorways respectively.

The holding offers huge scope for further enhancement, subject to the necessary zoning and planning permissions.

The auction took place on Tuesday, 23rd June in the Pillo Hotel, Ashbourne, Co. Meath.  Lot 1, approx. 6.9 acres. opened at €250,000 with bidding closing out at €290,000.  No bids were taken for Lot 2, approx. 36 acres.

The entire, approx. 43 acres was then offered to the room, with 4 active bidders, the bidding opened at €850,000 and the property was subsequently put on the market at €1,000,000.  The bidding then continued on to €1,100,000 and the land was purchased by a solicitor from Dublin acting on behalf of a client.

Will Coonan of Coonan Property has commented “It was fantastic to hold an auction with such an excellent outcome achieving just over €25,500 per acre following on from strong interest over the marketing campaign and we were delighted to be involved in the sale.”  He went on to say “We continue to see strong demand for well positioned land holdings in north County Dublin.”

For further information on lands coming to the market of if you are considering selling please contact Will Coonan on 01 628 6128 or by email at willc@coonan.com