By Gordon DeeganOne of Ireland’s richest men, billionaire financier, Dermot Desmond has secured planning permission to construct a 17,168 sq ft palatial mansion on Shrewsbury Road in D4 - Ireland’s most exclusive address. In getting the go-ahead for the ambitious mansion plan, Mr Desmond has also been given the green light to demolish the existing house at Walford - the most expensive house ever sold in the State at a staggering €58m in 2005. The applicant behind the plan, Mr Desmond’s Celtic Trustees Ltd, has succeeded where three other previous attempts at knocking down Walford - built in 1902 - have failed with the planners. The size of the sprawling Walford site at 1.77 acres is the property’s most valuable feature and today at the rear to the run-down house there is an open field. The property was later transferred to a Cypriot company, Yesreb Holdings, before being sold to the Desmond trust in December 2016.

Source: Evening echo September 04, 2018 16:18 UTC