Liquidators say it will take up to six weeks to value and find an appropriate real estate agent to sell Melissa Caddick’s multimillion-dollar home as they seek to pay back some of her stolen millions.
The Federal Court last week ruled that Anthony Koletti, who married the fraudster in 2013, must vacate the $15m Dover Heights mansion on or before May 18.
The home will be sold as Ms Caddick’s extensive assets continue to be seized by the Australian Investment and Securities Commission (ASIC) to pay back some of the $23m she stole from investors in her Ponzi scheme.
Ms Caddick bought the lavish Dover Heights mansion for $6.2m in 2014 using money misappropriated from clients.
Mr Koletti sat at the back of the Federal Court on Monday as barrister Steven Golledge, representing the liquidators, said ASIC was now looking to move forward to “realisation of the property”.
“We need to go into the home, make minor repairs, market, appoint an agent,” Mr Golledge said.
“It will be about a four to six-week program.”
Justice Brigitte Markovic made an order to allow ASIC to take possession of the property and prepare it for sale by removing items from the home.
“The receivers would be justified in … undertaking maintenance and repairs they consider appropriate to the property and arranging for the styling of the property,” the order states.
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