View piece of land, reporting observation (8)

I believe the answer is:

eyesight

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'view piece of land reporting observation' is the definition.
'eyesight' can be an answer for 'view' (I've seen this before). I'm unsure of the 'piece of land reporting observation' bit.

'view piece of land reporting observation' is the wordplay.
'view' becomes 'eye' (I've seen this in another clue).
'piece of land reporting observation' becomes 'sight' (I can't explain this - if you can you should believe this answer much more).
'eye'+'sight'='EYESIGHT'

Can you help me to learn more?

(Other definitions for eyesight that I've seen before include "Perceptive faculty" , "Yes, eight required for vision" , "Requirement to look" , "Seeing ability" , "perception" .)

I've seen this clue in The Irish Times.

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