Derrinduff, Birr, Co. Offaly

Leahy Midland Auctioneers are delighted to present to the market this attractive C.24-acre forestry holding, offered for sale in two separate lots or in its entirety. The holding benefits from roadside access and comprises a combination of an established Sitka Spruce plantation and recently clear-felled forestry land. This represents an excellent opportunity for forestry investors, existing landowners or those seeking to expand their current forestry portfolio. Lot 1 – C.11.5 Acres Lot 1 comprises approximately 11.5 acres planted with Sitka Spruce, providing an established forestry investment with the added benefit of an ongoing annual premium. There are 5 years of forestry premiums remaining at approximately €2,590 per annum, representing a potential total premium income of approximately €12,950 over the remaining five-year period. The established plantation offers an attractive opportunity to acquire a maturing forestry asset while benefiting from an annual income stream. Lot 2 – C.12.5 Acres Lot 2 comprises approximately 12.5 acres of recently clear-felled forestry land, conveniently situated adjacent to Lot 1. The lands provide excellent potential for replanting and continued forestry use, subject to all necessary approvals, licences and forestry requirements. Key Features • C.24 acres in total • Available in two separate lots or in its entirety • Roadside access • Lot 1: C.11.5 acres of established Sitka Spruce • 5 years of forestry premiums remaining • Approximately €2,590 per annum in premiums • Potential remaining premium income of approximately €12,950 • Lot 2: C.12.5 acres of recently clear-felled forestry land • Potential for replanting and continued forestry use, subject to relevant requirements • Lots are conveniently located adjacent to one another This is an excellent opportunity to acquire a substantial forestry holding with a combination of established plantation, remaining premium income and future forestry potential.