The Dover Heights home of missing conwoman Melissa Caddick has sold for an undisclosed amount as liquidators try to recover the funds she took from investors.
“Following a successful Expressions of Interest campaign, we confirm the Receivers have accepted an offer for the sale of the Dover Heights Property,” principal at Jones Partners liquidators Bruce Gleeson said.
The home sold three days before expressions of interest were due to close for the five-bedroom home in Wallangra Rd.
“Contracts were exchanged this afternoon, with a settlement period of 12 weeks,” Mr Gleeson said.
The price of the Dover Heights property will not be disclosed “until settlement has occurred” according to Mr Gleeson, however, it’s believed the liquidators were hoping to receive $10 million for the home.
“However, we believe the sale price achieved is a strong result, given the current market conditions and will make a significant contribution towards the pool of funds available for Investors,” he said.
“We are very pleased with the outcome of the sales campaign and the interest received from prospective purchasers.
“We are also continuing our efforts to progress realisation of other Receivership Property such as the jewellery and designer goods and will provide a further update on such aspects very soon.”
There was high interest in the home due to Caddick’s notoriety, with a $10,000 deposit needed just to enter the property for an inspection.
The home sits on 390sqm of land and boasts four bedrooms, a double garage, pool and views of the city skyline.
Caddick was last seen at the residence in the early hours of November 12, 2020, just one day after her home was raided by ASIC agents and federal police officers.
Liquidators are attempting to recover more than $23 million which Caddick misappropriated from clients, who included family and friends, between 2012-19.
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