The sprawling Dover Heights mansion, in Sydney’s east, is a major asset of the Receivership Property and will help return money to investors who fell victim to the scheme.
Before Melissa Caddick disappeared in November 2020, the Sydney business woman defrauded more than 60 investors to the tune of $25 million dollars. (Nine)Caddick’s Dover Heights home will be sold off to repay her victims. (Kate Geraghty)
He had been living rent free in the property since her disappearance.
In addition to five-bedrooms, the property at 5 Wallangra Road boasts expansive views of Sydney’s harbour with four bathrooms and a pool.
The home has been listed for sale with Sydney Sotheby’s International Realty and has an estimated value of between $15 million to $17 million.
Melissa Caddick’s Dover Heights home has sprawling views of Sydney Harbour and skyline. (Sydney Sotherby’s International Realty)The mansion also has five bedrooms. (Sydney Sotherby’s International Realty)
”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,” said Bruce Gleeson from Jones Partners, the receivers of Melissa Caddick and Liquidators of Maliver Pty Ltd.
“The home is positioned in an elevated part of one of Dover Heights’ most sought-after streets and we are extremely pleased to be able to offer this prestigious property for sale during spring.
