News
How much is St Finan’s worth?
By Sean Moriarty
The property value of St Finan’s Hospital and its adjoining lands are to be revalued.
The landmark site has been vacant since 2012.
There have been several proposals put forward, including a site for social housing and a potential university campus but so far nothing has been done and the site continues to fall further into disrepair.
Current owners, the Health Services Executive insist the site will only be sold or transferred to other state bodies for its full market value.
That puts it out of reach of Kerry County Council which could also be faced with a multi-million euro repair bill for the dilapidated building which is also a protected structure.
Earlier this year Killarney Municipal District councillors wrote to the HSE seeking a current value on the property.
A reply was presented at this week’s Killarney Municipal District meeting.
“The HSE can confirm that a valuation of lands at St Finan’s Killarney was carried out in June 2018. Due to the time which has passed and changes to the site, a re-evaluation will be required,” said Paul De Freine, who is the National Director of Capital Estates with the HSE.
“the HSE will liaise with Kerry County Council and arrange for the Valuation Office to complete a current valuation of the St Finan’s site. Once the valuation has been issued to the HSE it will be shared as appropriate.
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