Published Monday, 24 February 2014
No arrests were made. (© Presseye)
The Organised Crime Branch search took place on Monday in the Hollycroft Avenue area of the city.
No arrests were made, police have confirmed.
Detective Inspector Andy Dunlop from Organised Crime Branch said: "This seizure further reinforces our determination to remove controlled drugs from the streets of Northern Ireland.
"The potential harm to the public caused by drugs is an issue that the PSNI take seriously. We will continue to work in conjunction with partner agencies to ensure the closure of all supply routes and to bring to justice those involved in trafficking drugs at all levels."
Policing Board member and East Belfast MLA Robin Newton has welcomed the discovery, but said drugs dealing is a growing problem in the area.
The DUP man went on: "Those who flog illegal drugs to our young people have no concerns for their health and wellbeing; their only interest is in getting rich. Youngsters who end up as addicts or suffer mental health problems are never the concern of these dealers in death.
"The illegal drugs problems in east Belfast are well known and are growing in difficulty.
"The PSNI need the support of the community if we are to put the drug dealers out of business. I am appealing to anyone who can help the police in this matter to do so."
Police asked anyone with information on drugs dealing to come forward.
© UTV News