NOREEN McManus, the wife of racehorse owner JP, has bought a second property on Dublinâ€™s exclusive Ailesbury Road.
Mrs McManus, who bought the former home of Bernard McNamara, a property developer, on the road late last year, has now purchased another property from McNamara, a mews house at number 14A that was for sale with an â‚¬800,000 asking price.
The cut-stone house extends to about 1,855 sq ft but is derelict.
The sale was recorded in the registry of deeds last week.
Mrs McManus is likely to have been attracted by the propertyâ€™s development potential.
It is set on 0.33 acres, backing on to Wanderers rugby club, and includes two garages, storerooms, lofts and workshops. It can be accessed from the rear of No 22/24, the house she bought earlier from McNamara.
A neighbouring mews at 16A Ailesbury Road was also sold recently but it is not clear if Mrs McManus bought it.
The selling agent, Simon Ensor of Sherry FitzGerald was unavailable for comment.
Mrs McManus bought McNamarasâ€™ main home at 22/24 for about â‚¬10m, â‚¬2.5m less than its asking price. The house was formerly the Japanese embassy in Ireland.
The developer purchased No 22 in the late 1990s and No 24 several years later before combining the two into one of the largest houses on the road. The house was renowned in property circles for its lavish refurbishment including a dance floor that turned into a swimming pool at the touch of a button.
JP McManus, who is resident in Switzerland, spends most of his time at the family home, Martinstown Stud outside Kilmallock when he is in the country.
In 2007, the property played host to one of the most lavish weddings of the decade when over 1,000 people were invited to celebrate the wedding of the McManuses only daughter Sue Ann to Cian Foley.
A giant marquee with two floors was erected on the grounds beside the family home which was still under construction at the time.
In 2009 the young couple purchased Islanmore Stud outside Croom.
Since then the couple have carried out extensive work on the property including upgrading the fine Georgian house which is set on 145-acres and boasts exquisite gardens.
JP and Noreenâ€™s new grandchild. See page 9