Inside Melissa Caddick’s $15m mansion

PHOTO: Melissa Caddick

Potential buyers will be able to walk through the multimillion-dollar mansion of infamous fraudster Melissa Caddick when it goes on the market within weeks.

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Those hoping to cash-in on the five-bedroom luxury Dover Heights mansion in Sydney’s affluent eastern suburbs will have to have deep pockets to be able to afford the $15 million home.

A real estate agent has been chosen to sell broker the high-profile sale after the Federal Court granted it to be handed over to ASIC to compensate for the 74 victims of a Ponzi scheme which Ms Caddick ran and cost investors $23m.

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It was revealed Sydney Sotheby’s Michael Pallier has been appointed to sell the house.

Potential buyers will be able to walk through the multimillion-dollar mansion of infamous fraudster Melissa Caddick within weeks.

The ASIC raid on Melissa Caddick. Picture: NSW Police

ASIC raided the home on November 11, 2020, a day before Ms Caddick went missing.

Ms Caddick has not been seen since, but a severed and decomposed foot that washed up on Bournda Beach three months later was confirmed to be hers following police DNA testing.

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Jones Partners, the receivers of Ms Caddick’s property and liquidators of her company Maliver Pty Ltd, confirmed in a statement that Sydney Sotheby’s International Realty had been chosen to sell the property.

“Following a very extensive and detailed real estate agent selection process, we have today signed an agency agreement with Sydney Sotheby’s International Realty (Michael Pallier) to bring the Dover Heights property to market,” Jones Partners principal Bruce Gleeson said.

The home that formerly belonged to Melissa Caddick is expected to sell for $15 million.

“We are actively working towards having the Dover Heights property ready for sale in the vicinity of five-six weeks.

“The Dover Heights property represents a significant part of the receivership property of Melissa Caddick and there continues to be very strong interest in this property.

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“We will provide a further update towards the end of July 2022 regarding the Dover Heights property and the realisation of assets.”

The Dover Heights mansion of Melissa Caddick will be on the market soon. Picture: John Grainger

Ms Caddick bought the mansion in April, 2020, for $6.2m, but it is now expected to command around $15m when it goes to market.

A description of the five-bedroom property when it was last for sale spruiked its design and ideal location.

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“A stunning collaboration between Altis Architecture and Inspire Design has resulted in a breathtaking contemporary residence with 180 degree views of Sydney’s iconic harbour and skyline,” it read.

“A soothing palette of cocooning colours and luxurious materials married with high tech inclusions create a glamorous sanctuary where a series of beautiful living spaces provide separate zones for parents and children.

Anthony Koletti and Melissa Caddick. Picture: Supplied

“It is positioned in one of Dover Heights’ most exclusive streets, with the elevated aspect ensuring wonderful privacy and the location easily accessible to Bondi Beach, Rose Bay shopping, private schools plus coastal walks.”

Ms Caddick’s husband Anthony Koletti was ordered to move out of the house by the Federal Court and vacated the property in mid-May.