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Wednesday 18 July 2018

Pictures: Chinese interest expected in massive Meath equine complex on the market for €9.25m

The 364ac estate comes with a seven-bedroom main residence.
The 364ac estate comes with a seven-bedroom main residence.
Stock image
Jim O'Brien

Jim O'Brien

An equine complex on 364 acres and featuring nine residences, 71 stables and five yards has gone on the market at €9.25m.

There has been a huge rise in the sale of larger farms and estates this year, and the arrival of Dollanstown Stud and Estate on the Meath-Kildare border has taken things to a new level.

The 364ac estate comes with a seven-bedroom main residence with an original carved staircase described as one of the finest examples of Georgian craftsmanship in the country.

There are eight other residences on the estate, all in equally good condition - and suitable for renting.

The farming and equestrian facilities include 71 stables, five yards and a thriving livestock rearing enterprise.

The estate was founded in the late 1700s and was owned by the Hamilton Smythe family for generations.

The property is now owned by a Swedish industrialist and his family who developed a thriving engineering business in the midlands.

The house, the yards and the facilities all bear the hallmarks of Nordic attention to detail and style.

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Everything about the property, from the perfect hanging of gates to the fully functioning walled garden, is testament to generous investment and assiduous maintenance.

The equestrian facilities are used mainly for livery and training by the eventing community.

The farm is home to a 70-cow suckler herd and 200 sheep.

Pat O'Hagan of Savills describes the place as "an all-encompassing country estate that has everything - a beautiful house in perfect condition, land, facilities and a range of real and potential income streams".

The place is for sale as an entire, and while he admits it will take a specific type of customer to buy the place, he expects interest from Ireland and from as far away as China.

"The Chinese are becoming more active in this market," he said.

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