Keano scores a Corker after pitch for South Mall property

ROY KEANE and his family have scored with a modest property investment on South Mall, Cork — buying a four-storey building for the price of a mediocre Championship league footballer.

Keano scores a Corker after pitch for South Mall property

The Cork sports star’s name has been linked to a confidential sub-€500,000 property purchase in his native city’s financial heartland, with the building likely to be registered in a Keane family member’s name.

Coincidentally, the property at 44 South Mall already had a Keane association — it was the former offices of estate agents Keane Mahony Smith, who’ve just relocated.

Now, the property, which had been marketed over Christmas with a €550,000 price tag is being put up for let with agents Remax, looking to rent it for €30,000 a year — about the annual wage paid to some FAI footballers.

News that Keane has a shoe-in on an Irish property investment may well see the currently unemployed manager and former top player inundated with other property pitches, given the distress — and now, real value, too — in the Irish property market.

Keane previously looked at buying at the upper end of the Cork house market — showing interest in a €2 million-plus home back in the early 2000s. But despite keeping close family ties here, he hasn’t been a player in the local market.

Late last year, before losing the Ipswich manager’s job, he put one of his Manchester area homes on the British market, initially seeking more than £9m (€10.24m), and falling to £7m-plus in January.

He has also bought land and a villa in Denis O’Brien’s Quinta do Lago resort in Portugal, among other investments.

Aye, Keano. Forget Saipan. Think South Mall, sterling strength, bust banks and bargain buys; Roy — your country needs you.

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited