The owner of Waterford Castle has purchased a stretch of land near New Ross for more than €2 million.
Multi-millionaire, Séamus Walsh lives in Australia but is originally from Mullinavat.
He and his son Finn have closed the deal on what is considered a very important 8.8 acres of development land along the south side of the River Barrow.
It's understood the land was purchased for more than €2.2 million.
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Finn Walsh has said the 1 kilometre of land along the river is now just waiting to be transformed into an "economically viable venture in the not too distant future."
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