The 750-acre Co. Kildare estate belonging to the one time CEO and Chairman of Heinz is up for sale for offers in excess of €30 million, as the Dubliner attempts to meet his debts to AIB.
Selling agents Knight Frank describe Castlemartin Stud Farm as ‘a rare and fine example of Georgian architectural excellence with a stunning back-drop of the River Liffey and surrounding parkland.’
The house, just four miles from the Curragh and seven miles from Punchestown racecourses, was built back in 1720 and boasts 10-25 bedrooms, 9-20 bathrooms and 4-11 reception rooms over 2,428 square metres.
It also features a swimming pool, tennis court, a large pool house, two cottages in the courtyard, three further staff apartments, a caretaker’s house, Brownstown Cottage and the front lodge.
With two large stable yards and two farm yards; there are some 89 loose boxes, a horse walker, a lunge ring, numerous haysheds, barns and outbuildings, wintering facilities for 400 cattle, and many additional facilities that are to be expected of a stud farm of this calibre.
O’Reilly purchased Castlemartin in 1972 from the Earl of Gowrie and spent millions on improving the house which has hosted the likes of US secretary of state Henry Kissinger and a host of Irish prime ministers.
Dubliner O’Reilly attended the prestigious Belvedere College before representing Leinster and Ireland rugby before venturing into business, which saw him hole a 28 per cent share in Independent News & Media in the 1970s.
Following the recession, O’Reilly racked up multimillion euros worth of debts and in June 2014, the court entered a judgement of nearly 46 million euros against him. Judge Peter Kelly said he believed there was force in the argument that O’Reilly and his investment companies are insolvent.
See the gallery below to find out what €30 million can get you in real estate.