Stud Farms Set Hearts Racing in Co. Kildare
Pickering Stud, Celbridge, Co. Kildare – sells for €3,450,000
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Windgates Stud, Celbridge, Co. Kildare – sells for €2,100,000
Coonan Property sold Pickering Stud, Celbridge for €3,450,000 and Windgates Stud, Celbridge for €2.1 million at Public Auction on Thursday, 3rd November at the K-Club Hotel, Straffan.
The properties were offered to a packed Tara Room at the K-Club with Pickering Stud going up for sale first. Bidding opened for the prestigious stud farm at €2 million with three bidders bringing it to €3,350,000 before the auction broke for an instruction from the vendor. Following the interval, the farm was placed on the market and bidding increased to €3,450,000 and was knocked down to a local farmer. This sale price equates to a price per acre value of just over €34,000 per acre.
Following a short interval Windgates Stud, Celbridge which is on the Maynooth to Barberstown Road and familiar to many was offered to the room. The bidding opened at €1,000,000 and was taken in various increments to €2,100,000 by six bidders. Following a short break, the stud farm was placed on the market and sold when the gavel fell to the highest bidder at €2,100,000. The property was purchased in trust by a Dublin based solicitor for a private client. This sale price equates to a price per acre value of just under €40,000 per acre.
Will Coonan of Coonan Property commented that “We were delighted with the auction result for both Windgates Stud & Pickering Stud which are both very attractive due to the excellent quality lands available and their location within north Kildare.” Will also commented that “stud farms of this calibre are rarely offered to the market in Kildare which is known as the thoroughbred county. We experienced strong interest over the marketing campaign and the exceptional prices achieved reflect the quality of the product offered by Derrinstown Stud”.
Further information is available at www.windgatesstud.ie and www.pickeringstud.ie or please contact Will Coonan or Philip Byrne of Coonan Property, Maynooth at 01 628 6128 or email: info@coonan.com
