HomeWorldCAB puts Kinahan home in Dublin on sale for €550,000

CAB puts Kinahan home in Dublin on sale for €550,000

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The Criminal Assets Bureau (CAB) has put Daniel Kinahan’s Dublin home up for sale with an asking price of more than €500,000.

The detached house has four bedrooms and three bathrooms and is on a corner site in a private, gated complex at Coldwater Lakes in Saggart.

The property was found two years ago to be the proceeds of crime.

Estate agent BRG Gibson Auctions said the property measures 3,410sq/ft (317sq/m) of living space across two floors with a grand staircase entrance of rich wood banisters and grey carpeting.

The ground floor spans 1,490sq/ft (138sq/m) and includes a spacious front room with a bay window, a dining/living room, featuring a classic fireplace with a white mantel, and a guest toilet.

The kitchen has a curved island with black countertops.

The open-plan design integrates the kitchen with a dining area and a living area. The kitchen leads to the utility room with an additional toilet.

Upstairs, the 1,920sq/ft (178sq/m) first floor includes four large bedrooms with two ensuites. The main bathroom is also on the first floor.

The house also has a converted garage with mirrored walls and a sprung floor that the actioneer said “is ideal for use as a home gym, dance studio, or recreational space”.

It is to be auctioned on 12 December with a minimum opening bid of €550,000.

The grand staircase of the house

The property is the first to be seized from Daniel Kinahan after it was found to be the proceeds of drug-trafficking. He did not contest the case.

CAB officers wrote to the leader of the Kinahan organised crime group at two separate business and residential addresses in Dubai but he did not respond.

The High Court was told in 2022 that Kinahan and Thomas ‘Bomber’ Kavanagh gave businessman Jim Mansfield Junior two suitcases, containing €4.5m, which was to be invested in property for the crime group.

However, the deal collapsed when Mansfield’s finances suffered during the economic downturn.

CAB said that he later reached a deal with the cartel to repay them by giving them the house in Saggart. He owned it since 2014.

The house was searched by gardaí on 29 January 2015 and evidence was discovered that Kinahan had lived in it.

A passport in his name and an Aer Lingus baggage sticker – also in his name – were found.

Gardaí also discovered a Ryanair boarding pass in the name of Christopher Kinahan, Daniel’s younger brother, on an iPad and documentation belonging to James Quinn.

He has 70 recorded convictions in Ireland and is serving a 22 year sentence in Spain for the murder of Gary Hutch.

Former international boxer Matthew Macklin was in the house at the time of the search and paraphernalia connected to the now defunct boxing management company MGM was found.

The court heard that Mr Macklin was courteous but declined to answer any questions.

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