An impressive five-bedroom home has hit the market for $2.76 million but owners won’t get a dime after the property is seized by police.
The two-story home in Sylvania south of Sydney was once owned by jailed drug dealer Alexander Luis Leon and his father.
Leon, 48, is currently serving a three-and-a-half year prison sentence after pleading guilty to money laundering and allegedly supplying banned drugs.
He was arrested when, in April 2017, the Australian Federal Police were investigating a Colombian organized crime gang operating in Sydney that raided the property.
This two-story house in Sylvania, Sydney is for sale for $2.76 million (pictured)
A secret door behind a bookshelf in a house in south Sydney (pictured) has led to a sophisticated drug operation by a Colombian gang
Inside, they discover two hidden rooms accessed through a fake bookshelf.
Flipping the switch, the bookshelf automatically retracted to reveal a rudimentary drug lab containing cocaine, marijuana, cannabis resin, a substance used to cut drugs, and scales.
Investigators also found mobile phones and electronic devices that could scan the room for so-called ‘bugs’ monitoring devices.
Two replica guns and $130,000 in cash were found in other areas of the home.
Leon’s father has not been charged with any criminal offences but agrees with the NSW Supreme Court’s ruling that the home was foreclosed on to police as a tool of crime.
A raid was carried out at the house in 2017, where AFP officers found rooms in a cellar behind the entrance disguised as a bookshelf.
The Australian Federal Police seized Sylvania property under the Crime Prefix Act
AFP’s National Director for Criminal Assets, Stefan Jerga said the AFP had determined that criminals would not be able to keep their profits.
“We will prosecute the offenders and seize the illicit tools and profits used to pay for their lavish lifestyles,” said Mr.
‘AFP wants to make sure that when offenders are released from prison, they no longer have the spoils of criminal activity.
‘Law-abiding Australians work hard to buy their first home, they go to work, they pay taxes and they save a deposit.
‘Organized criminals are greedy and often use violence to accumulate their criminal assets.’
The owners of the home (pictured) won’t see a dime with the proceeds going back to community crime prevention programs
The home is being listed for sale for $1.64 to $2.76 million.
Proceeds from the sale of the home will go to the Australian Financial Security Authority to be placed in a Foreclosure Account.
This account was then used by the Secretary of the Interior for community law enforcement initiatives.