Sean Dunne's Dublin mansion takes a price drop

The Ouragh property, on Shrewsbury Road, has been on the market since May of 2015.

Sean Dunne's Dublin mansion takes a price drop

The Ouragh property has been on the market since 2015 Image: Colliers

The luxury Dublin mansion of developer Sean Dunne has dropped to €6.5m, down €500,000 from its original sale price.

The Ouragh property, a 8,700 sq ft mansion on 0.2 acres on Shrewsbury Road, has been on the market since May of 2015.

Colliers, the agents handling the sale, say: “The location and finish combined, creates the perfect essence of a quintessential Dublin trophy home.”

"Set behind electronic gates, Ouragh is an ideal family dwelling or if inclined a supreme city residence. The interior is a commanding blend of design and grandeur, with the resulting use being the ultimate in luxury accommodation.”

Mr Dunne lived at the home until 2007, as the property market collapsed and it was then used as the South African embassy.

Once the lease was up Bank of Scotland moved to seize the property, with Dunne owing more than €12m in loans advanced against then property.

In 2013 Dunne filed for bankruptcy in a US court, and valued Ouragh at close to €7.5m.

The four floor property has six en-suite bedrooms, marble floors, a home cinema, a gym, a billiard room, a sauna, a full bar an even a lift.

Mr Dunne filed for bankruptcy in the US in 2013, with debts of almost €700m.

In pictures: Ouragh - Inside the Dublin mansion (all images Colliers)

The property includes six living rooms

There is a bar (below), a billiards room and a home cinema

There are six en-suite bathrooms