A building that had been used as a brothel in Rathmines sells for in excess of £230,000.
The brothel on the Lower Rathmines Road had been operating for ten years and was seized by the Criminal Assets Bureau earlier this year after Gardaí discovered that the building was being used by at least six women for illicit purposes. The state coffers are set to increase by nearly a quarter of a million pounds after the sale of a Dublin brothel.
This is the first time the Criminal Assets Bureau has ceased such a premises.
While the premises was withdrawn from auction, it was later sold for in excess of £230,000.
The Academy Brothel was spread over three levels with six bedrooms. It was also fitted out with showers, jacuzzis and a sauna.
Business appeared to be so good there appeared to be benches in the hall for waiting clients.
The owner of the brothel never faced trial as she moved to Malta four years ago. It is estimated that she was earning between three and four thousand pounds every week. She paid £50,000 for the property back in 1990. While the State has now earned over £230,000 from the sale, it will be seven years before the money is handed over to the Department of Finance.
An RTÉ News report broadcast on 10 May 2001. The reporter is Michael O’Kane.