independent

Friday 18 April 2014

Five bed Dublin home sells for €4.6m at auction

A FIVE bedroom house in plush Donnybrook, Dublin 4 has sold for €4.6m – one of the highest prices achieved at auction since the property bust.

The house, Milverton, at Herbert Park, sold in 2005 for €8m and later came back on the market with an asking price of €13.5m.

Since then, the price dropped several times and in the past few weeks it was put up for sale by a receiver with a guide of €2.75m through estate agent Lisney.

The house, on 3,700 sq ft, is located beside Herbert Park

The house was purchased by a solicitor in trust yesterday.

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