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Wednesday 18 October 2017

Palladian Kildare estate sells for €4.6m

Landenstown House stands on 338ac close to the Grand Canal
Landenstown House stands on 338ac close to the Grand Canal
Jim O'Brien

Jim O'Brien

Gay O'Callaghan, a renowned breeder of thoroughbreds at Yeomanstown Stud near Naas, recently bought nearby Landenstown House and Estate on 338ac at Sallins in Co Kildare.

It is believed a price in the region of €4.6m was paid for the estate, some way off the original price tag of €6.5m.

There is no doubt but a buyer from the equestrian set was always destined to acquire Landenstown.

The property includes a listed 18th century Palladian mansion with some unapproved renovation work done.

The work is in need of substantial correction and further renovation is required to the spacious premises.

In its present state it is uninhabited and uninhabitable.

The property includes gate lodges, a cut stone courtyard of similar vintage to the main house with all in need of extensive work.

Located on the banks of the Grand Canal the land is in rolling parkland and the best of Kildare ground but like the house and buildings it too needs attention.

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The property was originally owned by the Digby family. A German owner acquired the place in the late 1940s and farmed the land up to the mid 2000's carrying 200 cattle while a substantial portion of the ground was under tillage.

Selling agents Sherry Fitzgerald Country homes could not be drawn on the final price.

However, it is believed two customers drove proceedings since January with Yeomanstown Stud leading the field.

The O'Callaghan portfolio has added 338ac of rare Kildare territory to its bank of land but the addition of the house and yards will have to be regarded as a mixed blessing.

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