Criminal’s pad a ‘steal’ at 275,000

A CRIMINAL’S house auctioned by the Criminal Assets Bureau this week fetched almost 100,000 euro more than the guide price, it emerged yesterday.

It is the third pad seized by CAB from top criminals and put up for auction in the last two weeks. The house in Drimnagh, Dublin 12, was put on the market for 180,000 euro, and was seen as an attractive price. And so it proved last Wednesday when over 50 people crammed into the small auction room of Lowe & Associates in Rathmines.

Some 12 bidders competed for the property, a semi-detached three-bedroom house, with gas fire central heating, double glazed windows and an estimated three miles from St Stephen’s Green. The house, No 33 Knocknaree Avenue, eventually went under the hammer for 275,000 euro.