€6.6 MILLION FOR LANDS
NOVEMBER 2003
LAND at Mullaharlin Road sells for €6.6 million.
The prime residential land (c.8.25ha) is adjacent to DkIT, PJ Carroll’s and Xerox, and is bordered to the east by the Dublin Road and to the south by the Southern Link Road.
The site fetches €330,000 to €335,000 an acre, without planning permission, although the land is zoned for residential development.
However, the identity of the successful bidder remains confidential. The property is bought in trust by a Drogheda solicitor.
The land goes on the market after a third bid of €4.5 million, surpassing the €4 million guide price.
‘At the end of the day, it’s that old saying, ‘ location, location, location,’’ says auctioneer Philip Gunne.
Local developers at the auction are stunned at the final price, raising the possibility the successful bidder is a Dublin-based developer, perhaps seeing the price as value for money against current land values in the capital and its hinterland. PRESIDENT Mary McAleese is kept busy during a visit to north Louth.
Her first official duty is to open Garaban Amenity Park at Duffy’s Cross, an area developed by local people from a derelict site into a bowling green, picnic area and shrubbery.
It is the culmination of more than two years’ work by the community.
The president also visits Darver Castle which has undergone a considerable revamp by owner, Patrick Carville, who invests £800,000 in the castle’s acquisition and renovation.
President McAleese officially opens Dundalk Rape Crisis Centre, the first of its kind in the north-east region.
It is established as a great need is identi- fied to provide help and support for victims and survivors of rape, sexual abuse and other forms of sexual violence.
The centre caters for Louth, Monaghan, Cavan, Armagh, Tyrone and Down, and is funded by the North Eastern Health Board.
A hectic day for Ireland’s first lady concludes in the Carrickdale Hotel where she launches a ‘Books Across The Border’ project, a venture between Dundalk and Newry libraries.