A penthouse house previously owned by Sydney conwoman Melissa Caddick is in the marketplace for an estimated $5.5 million.
Liquidators hope the sale will assist get well a number of the fortune Caddick stole from greater than 50 traders, lots of whom had been her shut family and friends.
The house was beforehand occupied by her dad and mom, Ted and Barbara Grimley, and boasts sweeping panoramic views of Sydney’s metropolis skyline and jap suburbs.
The couple claimed they paid their now-dead daughter nearly $1.2 million in the direction of the mortgage on the house on the situation they might stay within the house rent-free till they died.
But the Grimleys agreed to depart the house after a long-running court docket battle in trade for a reported $950,000 payout from Caddick’s property.
Listed for public sale on October 10, the house is situated in Eastpoint Tower at Edgecliff, in Sydney’s jap suburbs.
“Spacious throughout and stylishly presented with understated contemporary finishes, this is the perfect opportunity for downsizers, executives and families who seek undeniable quality and convenience,” a web-based itemizing states.
Viewings are by appointment, in line with managing brokers Richardson and Wrench.
Caddick lived a lifetime of luxurious after stealing as much as $30 million through a ponzi funding rip-off.
The 49-year-old disappeared in November 2020, simply days after her Sydney jap suburbs dwelling was raided by ASIC investigators.
A coroner in May dominated Caddick was useless however couldn’t decide the trigger.
The fraudster’s badly decomposed proper foot, which was nonetheless connected to a operating shoe, washed up on a seashore on the south coast of NSW in February 2021, however the remainder of her physique has not been discovered.
Last month, traders obtained a share of $3 million recouped by liquidators Jones Partners following the sale of Caddick’s share portfolio and Dover Heights cliff-top mansion.
At the time, Jones Partners principal Bruce Gleeson mentioned it was commonplace for traders to obtain nothing again from ponzi schemes.
He mentioned the sale of the Edgecliff house would permit for additional important distributions to traders.
Source: www.perthnow.com.au
