independent

Tuesday 2 September 2014

Want to buy a lake?

LONDON AUCTIONEERS ADVERTISE PROPERTY WITH €1.6M PRICE TAG

KEVIN HUGHES

Published 07/11/2012 | 09:47

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KERRY County Council has confirmed that there is absolutely no threat to local water supplies after an English based auctioneer put on sale a 2,500sq ft house including claimed fishing and boating rights to Lough Guitane.

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Auctioneers Doyle's Sales and Lettings say there has been international interest in the picturesque Killarney site which has been cut from €2.5m to €1.6m, including queries from several celebrities as well as from the Abu Dhabi royal family.

The 644 acre lake supplies drinking water to over a quarter of homes in Kerry, including Killarney, Tralee and Castleisland. While there had been fears over access to water usage if the property is sold, a Council spokesperson stated that the concerns are unfounded.

"We have an abstraction order in place and that will remain indefinitely - it is similar to a wayleave," the spokesperson stated.

Kerry County Council currently has an application with the department for a €26m upgrade of the current pumping station at Dromdiralough on the lakeshore.

Concerns were raised after 'Doyle's Sales and Lettings', Hanwell, London, put the property on the market last week, advertising a 2,500 sq ft home and 644 acres of fresh water, plus permission to build a 7,000 sq ft home and boathouse granted planning in 2008. Also included in the lot are two memberships of Killarney Golf and Fishing Club.

Owned by two Kerry businessmen who wish to remain anonymous, the property is on sale on Daft.ie with "sole fishing, boating, and recreational rights" to the salmon and trout laden lake and this was confirmed by Micheal Doyle of Doyle's Sales and Lettings.

"The owners' have instructed that there is sole access to the lake and while I realise that this may be a fairly delicate topic for landowners, that is what is being sold," he told The Kerryman this week.

Local estate agents, though, have queried this claim, stating that there are a number of landowners on the lakeshore with their own rights to the lake.

Mr Doyle stated that interest in the lot has been widespread and has included celebrities such as Steve Coogan and Ronan Keating and the aforementioned Arab royal family.

"We have not advertised it locally as the vendors don't want silly offers such as €500,000 or €700,000," he added.

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