Two well-known, if very different, commercial properties in the Greater Dublin Area are now available - the Lyons Estate and the Spawell Complex.

The 600-acre Lyons Estate near Newcastle Co. Dublin, restored by the late Tony Ryan of GPA and still owned by his family, has been placed on the market again.

It was reportedly close to being sold early last year to an unnamed Middle-East-based Irish buyer for up to €30m.

The property, some of which dates to the 18th century, currently operates principally as a high-end wedding venue, but is expected to be the target of some of the major hotel investors or high net worth individuals that have been active in the Irish market over the past two years.

The Spawell Complex

Meanwhile the Spawell, one of Dublin’s best-known leisure complexes, located in Templeogue, Dublin 6W, has been placed on the market by receivers Grant Thornton on the instructions of NAMA at an offer price of €6.5m.

The property boasts an 18-hole, par-3 golf course with a 48-bay driving range as well as astro turf pitches and squash courts.