The family of former Davy high-flyer David Shubotham has emerged as the buyer of Killowen, a modern house on Shrewsbury Road that was purchased in 2014 for €4.5 million from the Egan family – just €500,000 under the asking price. They now intend to replace it with a new property extending to more than 1,400sq m (15,000sq ft).
Shrewsbury Road stalwart, the late Mr Justice Seamus Egan, who died 11 years ago, built Killowen in the gardens of his former home, number 17 Shrewsbury Road, which he sold in 1989 to the Finnish embassy for about £800,000.
Killowen is a 347sq m modern home of little architectural merit on a secluded 0.7 acre site. Cathy Shubotham, David’s wife, now intends to apply for planning permission to demolish Killowen in order to accommodate a new 1,330sq m (14,316sq ft) two-storey over-basement mansion in addition to garden structures of 112sq m (1,205sq ft).
The home's extensive basement will be larger than the two upper floors combined. The Shubothams follows in the footsteps of fellow Shrewsbury Road residents Owen Killian and Francesca McWilliams, who are currently extending their homes to sizes of 1,951sq m (21,000sq ft) and 1,096sq m (11,800sq ft) respectively.
The Shubothams have timed their moves well. In 2007 they sold their Foxrock estate, Invergarry on Torquay Road, a 504sq m (5,425sq ft) pile on an acre of land close to the AMV of €6 million.
Since then, they have owned a house at Ailesbury Woods, Ballsbridge, and a luxury villa on Lake Geneva in Bursinel, Switzerland.
The Swiss-based couple join a growing contingent of foreign buyers to have purchased multimillion euro homes in Dublin in recent times.
