Irish News

Friday 1 August 2014

AIB boss's luxury estate for sale

Ralph Riegel

Published 12/01/2013|05:00

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THE home of AIB boss David Duffy along west Cork's so-called 'millionaire's row' has been put on the market for up to €5m.

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Glebe House outside Skibbereen in west Cork has been owned by Mr Duffy (51) for almost 10 years and was the focus of a lavish restoration programme.

The imposing house sits on nine acres along the River Ilen and boasts idyllic views of the west Cork river and countryside.

It is close to lavish properties owned by Hollywood producer David Puttnam and Academy Award-winning actor Jeremy Irons. It is also a short drive to the Glengarriff home of actress Maureen O'Hara and the Beara holiday home of Graham Norton.

Glebe House, a former Church of Ireland rectory, is now being sold by Skibbereen auctioneer Charles P MCCarthy.

No price has been specified but the property is understood to be valued at between €4m and €5m.

Mr Duffy (51) purchased Glebe House in 2003 from technology investor Leonard Donnelly.

It had previously been used by a European charity for people with addiction problems.

A major refurbishment programme had been undertaken by Mr Donnelly and this was continued by Mr Duffy, who was appointed AIB chief executive two years ago.

Mr Duffy has made west Cork his home for over a decade despite the fact he has served with AIB in Dublin and various other European cities.

His decision to put the family home up for sale is understood to have been prompted by his bank commitments in Dublin and the fact that his children are expected to pursue third-level courses overseas.

The house boasts eight bedrooms, its own enclosed central courtyard, five reception and dining rooms, a specially built barbecue terrace complete with hot tub, two independent guest cottages, a gym, tennis court and its own jetty on the River Ilen.

Refurbishment

A key feature of the main house is that its refurbishment saw the installation of a number of large windows to offer dramatic views of the River Ilen estuary.

The property is expected to attract significant overseas interest due to its location and the high profile given to the area by resident celebrities.

Irish Independent

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