Extraordinary land deal: 183 acres sold near Leixlip for almost €50,000 an acre

Auction

Leinster Leader reporter

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Extraordinary land deal: 183 acres sold near Leixlip for almost €50,000 an acre

The land that was sold at auction

In one of the most expensive land deals ever, a Kildare auctioneer has secured almost €50,000 an area for land near Leixlip at auction. 

Coonan Property Maynooth recently completed the sale of the non-residential lands in the Leixlip/Lucan area.

This agents said this property is zoned agricultural but due to its location it is reasonable to assume at some future date it will attract development opportunities. Located on the Lucan/Clonee Road, the land is approximately two miles from Lucan/Leixlip and four miles from Clonee.

The guide price quoted at time of sale was €30,000-€50,000 per acre and whilst the agent did not disclose any sale price they did confirm it had been sold at a level nearer the higher price. 

The property attracted considerable interest and the agent said the sale confirmed the further strength of the property market particularly in the Greater Dublin Area.

They mentioned they had other under bidders looking for similar type land.

It was purchased in trust by a Dublin solicitor and the solicitor acting for the vendor was Robert Dore & Co., 2 Citygate, Bridge Street, Dublin 8.