Dover Heights family home of alleged fraudster Melissa Caddick goes up for sale
The luxurious home of alleged fraudster Melissa Caddick is on the market, but prospective buyers will need to pay a $10,000 deposit to take a look inside.
The property at Wallangra Road in Dover Heights in Sydney's eastern suburbs was listed for sale on Monday by auction house Sydney Sotheby's International Realty.
Ms Caddick, 49, is believed to be dead after disappearing from her home in November 2020.
She vanished after her home was raided as part of an investigation by the Australian Securities and Investments Commission (ASIC).
Liquidator Bruce Gleeson said he was hopeful the sale would make a major contribution to repaying some of the $23 million Ms Caddick allegedly stole from 72 investors in a Ponzi scheme.
"Since obtaining vacant possession in late May 2022 and receiving orders enabling us to proceed with a sale, we have undertaken certain maintenance and minor improvements to amplify the property's luxurious appeal," Mr Gleeson said.
The property was bought by Ms Caddick for $6.2 million in 2014, and was most recently estimated to be worth more than $10 million by Mr Gleeson's firm Jones Partners Insolvency and Restructuring.
To deter nosey neighbours and those following the most recent inquest developments, Sydney Sotheby's will require a $10,000 refundable deposit before inspection.
Just hours after the house was listed, Sotheby's estate agent Michael Pallier confirmed there were already prospective buyers booked in to pay the $10,000 required to inspect the home. 
"It's come up well," a cleaner told the ABC, who was working inside the home this morning. 
One neighbour said the street had been busy with people driving past to have a look.
Ms Caddick's former next door neighbour Errol Diamond said while he thought there would be a stigma attached to the house, he was interested in inspecting it. 
"I think we will pay to have a look at it. Stunning view. I think we'll go for it," he said. 
"I think [the refundable $10,000 deposit] will be the difference between genuine buyers and sticky beakers." 
Mr Diamond has owned his Dover Heights home for 18 years — making him a neighbour of Ms Caddick for about six years. 
"The last two years have been crazy. I'm ready for it all to be over," he added.
Earlier this year two luxury cars owned by Ms Caddick and her husband Anthony Koletti were sold at auction.
A 2016 Audi R8 V10 and a 2016 Mercedes-Benz CLA45 — were sold online and fetched $295,000 and $66,250 respectively. 
The $361,250 in proceeds are set to be distributed among her investors, along with the sale of the house.
Mr Gleeson said it will not be the last of Ms Caddick's belongings to be sold.
"We are also well advanced and close to finalising an application to the Federal Court which will seek sale orders regarding the designer jewellery, clothing, and artworks," he said.
"It is our intention to have an investor briefing to provide a detailed update on the Receivership and Liquidation status in late October 2022."
Week two of the inquest into the death of Ms Caddick resumed on Monday.
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