Euromillions winner's old house up for rent as she lives the high life in palatial mansion
ANYONE hoping for a bit of good luck would do well to move in to this modest home.
For just €1,000 a month, a new tenant can nestle here with fingers crossed, knowing its where Dolores McNamara lived when she hit the Euromillions jackpot.
The mum of six went from being a cleaner to one of Ireland’s richest people in 2005 when she scooped the massive €115million prize.
Now the St Patrick’s Road, Limerick, four-bed dormer has gone on the market, described as “a stunning property.”
The house was refurbished after Dolores’s windfall with a new boundary wall, electric gates and fitted kitchen. It’s available unfurnished with new wooden floors throughout and fitted blinds.
The estate agents highlight how the house is close to the city centre as well as the Childers Road Retail Park and Parkway Shopping Centre.
Compared to Dolores’s other property deals, the modest rental in the heart of Garryowen is small fry.
Her first foray into Millionaire’s Row came when she snapped up a fantastic property overlooking Lough Derg.
She paid a reported €1.7 million for Lough Derg Hall at Ogonnelloe, Killaloe, Co. Clare, with 35 acres of land, a coach house and guest accommodation.
That was followed by the purchase of nearby Tinarana House for €3.5m amid a fierce bidding war in December 2012.
It had been sold for €10m more in 2006 when the Celtic Tiger had been in full swing.
The McNamaras are reported to have paid an extra €2m for 270 acres of surrounding lands in the estate, including 2.3km of waterway frontage. The estate also includes four cottages, a sauna, stables, two boat-houses, and a private jetty.
The property was put on the market on the instructions of the receiver, PriceWaterhouse Coopers and was formerly owned by Dr Pascal Carmody and his wife Dr Frieda Keane Carmody.
They had sold it in 2006 to a development consortium.
During the boom it was bought for €14m by a consortium of Limerick businessmen who had plans to turn it into a tourism, sports and leisure resort.
The €100m plans for the site were approved by Clare County Council, but were later turned down by An Bord Pleanála following an appeal by the heritage body An Taisce.
But Dolores’s property coup was slightly soured when two men were later convicted of breaking into the period house and stripping it of fittings.
They admitted that in August 2013 they stole an array of items, including antique bathroom fittings, chandeliers, candelabras and light fittings, copper wiring and cylinders worth €8,000.
It was said in court that the property belonged to Dolores’s son Gary and his wife Michelle, but no-one was living in the 19th century, 16-bedroom home at the time of the burglary.
Another property deal involving Dolores prompted warnings about a fraud in the U.S. It was reported that she had bought 130 homes in Detroit and Dearborn for €4.5m.
The scheme became subject to a lawsuit and Dolores’s legal team were advised that she had been caught up in a Ponzi scheme.
It was claimed the company were selling houses that were “barely habitable or completely uninhabitable” houses, with tax debts and fraudulent leases attached.
The Limerick woman still has plenty of assets and has been well advised and guided by financial experts since her Euromillions win.
She has also been credited with keeping her feet firmly on the ground after the huge lottery win.
Dolores still lives at Lough Derg Hall with her husband Adrian. In a rare interview in 2007, Adrian revealed to the Limerick Leader how the couple had kept a low profile since their luck changed.
“We continue to have the same friends that we had before the win. These are people that we trust and we feel safe with these friends,” he said.