An 88.8-acre residential farm situated in the Moydow area was sold for €775,000, at a public auction held in the Longford Arms last Friday afternoon.
More than 30 people were present to witness the sale of the property, which is located in the townland of Bunalough. Presiding over the event was auctioneer Frank Greene of Frank Greene Property Sales, Edgeworthstown.
“It's an exceptional price,” Frank Greene said afterwards. “It works out at an average of €8,800 an acre.”
The Longford Leader understands the winning bidder is from the local area.
Auction Report on page 32 of this week’s Longford Leader