Victims of vanished fraudster Melissa Caddick will be closely watching the sale of her multimillion-dollar Sydney waterfront mansion, as it hit the market on September 26.
The deter nosy crime buffs and timewasters, real estate agents will impose a $10,000 refundable deposit to inspect the lavish five-bedroom house, according to The Sydney Morning Herald.
The property at 5 Wallangra Road, Dover Heights, with harbour views, has been listed by liquidators who are attempting to recover some of the millions Caddick stole over a bold eight-year operation.
It is where the 49 year-old ran her Ponzi scheme and was last seen on November 12, 2020, following an Australian Federal Police and Australian Securities and Investments Commission raid on the home.
The remains of her foot were discovered in a running sneaker washed up on a New South Wales south coast beach in February, 2021.
READ MORE: Auction results suggest buyers have more choice in an uncertain market
An inquest is probing her fate.
Caddick fleeced more than $23 million from victims who falsely believed she was investing their savings in shares.
Sotheby's International Realty is handling the listing for 5 Wallangra Road, with expressions of interest closing on October 31.
The property, on the books of agents Michael Pallier and Mary Lin, does not have a publicly disclosed price guide.
The court-appointed receiver of the missing businesswoman's assets, Bruce Gleeson, told The Sydney Morning Herald's Kate McClymont that he hoped the sale could reap $10 million to assist Caddick's victims.
READ MORE: The Manhattan apartment block that exposes the truth about sitcom Friends
The title for 5 Wallangra Road is in the name of Caddick and her brother Anthony Grimley, Pricefinder records show. It was purchased for $6.2 million in 2014.
The buyers will be the home's seventh owners.
The five bedder is described as having "commanding elevated outlooks across its exclusive eastern suburbs surrounds" in its advertising material.
Spanning four levels, it is crowned by a rooftop terrace looking out to the Sydney Harbour Bridge and city skyline, with vistas also from the plush main bedroom.
In May, Caddick's husband Anthony Koletti was ordered by a court to vacate the property so it could be sold by receivers.
Property News: Music promoter Michael Coppel sells Toorak home for more than $30 million – domain.com.au
Online Coupons and Best Deals
Watch the brand new Stan Original Dating Series Love Triangle now
Search properties in AUS
Latest news, reviews and cars for sale
© 2022 Nine Digital Pty Ltd
© 2022 Nine Digital Pty Ltd
Recent Comments