A man facing commercial drug supply charges after police allegedly seized more than $500,000 worth of illicit substances at his Warrawong home has been identified in court as Goce Petrevski.
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The 46-year-old was arrested at 8am on Thursday when officers attached to Lake Illawarra Police District executed a search warrant at the premises, discovering 500g of methylamphetamine (ice), 500g of pseudoephedrine, 300g of heroin, and small quantities of cocaine and cannabis.
In total, the drugs have an estimated potential street value of about $550,000, police said in a statement released on Friday. They also discovered $73,950 in cash at the house, which police will allege is the proceeds of crime.
Petrevski was charged with multiple counts of drug supply including indictable and commercial quantities, as well as possessing a precursor for use in the manufacturing of prohibited drugs, conducting a drug premises and dealing with proceeds of crime.
He was remanded in custody and faced Wollongong Local Court on Friday where he did not apply for bail and it was formally refused.
Magistrate Roger Clisdell ordered police to begin serving the brief of evidence on Petrevski's legal team and adjourned the case to December 17 for further mention.
Lake Illawarra Police district crime manager, Detective Chief Inspector Glen Broadhead, said drug supply was a major target for police in the region.
"The supply of illicit drugs has a major impact on our community, and it simply won't be tolerated," he said.