Mary Robinson’s Mayo estate sells for €1.55m
Irish tech entrepreneur, Malcolm Bell, is buyer of the 113 acre estate on shores of Lough Conn
Massbrook, on the shores of Lough Conn came to the market in 2016 seeking €2.75m
Former president Mary Robinson and her husband Nick have sold their Victorian shooting and fishing estate on 113 acres on the shores of Lough Conn in Co Mayo for €1.55million. The buyer has been confirmed as Irish biotech entrepreneur Malcolm Bell, who co-founded Tipperary-based Technopath Clinical Diagnostics in Ballina, Co Tipperary in 2004 .
Massbrook in Pontoon, Co Mayo came on the market through Sherry FitzGerald Country Homes in June 2016 for €2.75million after the Robinsons decided to downsize from the estate they had purchased in 1994 during Mrs Robinson’s tenure as president of Ireland. The price was reduced to €1.95million earlier this year.
Extending to 630sq m (6,781sq ft) Massbrook House, dates from 1890 and is located about a 20minute drive from Mrs Robinson’s childhood home in Ballina. The new owner, Mr Bell, also hails from Ballina – the one in Tipperary – and it’s understood he will use Massbrook as a holiday retreat.
The couple plan to purchase a home in Dublin to be closer to family, and they retain a parcel of about 10 acres of land close to the Mayo estate for their own use.
The buyer Mr Bell has successfully co-founded, developed and exited a number of life science and healthcare businesses based on new technology. Technopath Clinical Diagnostics announced last year that it would expand its workforce to 180 and is currently investing €5million in its Ballina plant.
Selling agent Roseanne De Vere Hunt said “Massbrook House is a remarkable property in a relatively undiscovered part of Ireland. While we had strong international interest, we are pleased the house has been sold to a buyer closer to home.”