{"id":38409,"date":"2022-05-04T16:39:39","date_gmt":"2022-05-04T04:39:39","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=38409"},"modified":"2022-05-04T16:39:39","modified_gmt":"2022-05-04T04:39:39","slug":"salims-famous-mansion-to-hit-market","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/salims-famous-mansion-to-hit-market\/","title":{"rendered":"Salim\u2019s famous mansion to hit market"},"content":{"rendered":"

PHOTO: Salim Mehajer<\/strong><\/p>\n

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The keys to Salim Mehajer\u2019s infamous mega-mansion have finally landed in the hands of creditors as the disgraced former property developer remains behind bars.<\/p>\n<\/div>\n

The luxurious home in Lidcombe, in western Sydney<\/a>, which could sell for more than $3.5 million, has been successfully repossessed by National Australia Bank.<\/p>\n

Mehajer in December had an application for an injunction to stop NAB selling his two Lidcombe homes\u00a0rejected in the Federal Court.<\/p>\n

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\"The<\/div>\n

The home of former Auburn deputy mayor Salim Mehajer will soon go up for sale. Picture: Dean Lewins\/AAP<\/strong><\/em><\/div>\n

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\"Salim<\/div>\n

Salim Mehajer as seen in an Instagram post in his old 13-car basement. Picture: Instagram<\/strong><\/em><\/div>\n

A judge found the request to be an \u201cabuse of process\u201d, ultimately giving permission for the bank to repossess both homes, which Mehajer had defaulted on loan repayments for.<\/p>\n

The former deputy mayor of Auburn City Council was declared bankrupt in 2018, and found to be in arrears to creditors to the tune of $24 million.<\/p>\n

Four million of that was a NAB loan for two Lidcombe properties, a court heard, which he defaulted on.<\/p>\n

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\"The<\/div>\n

The infamous $1 million marble staircase which became the subject of a court battle.<\/strong><\/em><\/div>\n

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\"A<\/div>\n

A bedroom in former Auburn deputy mayor Salim Mehajer\u2019s Lidcombe home.<\/strong><\/em><\/div>\n

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The luxury pool and jacuzzi at the Frances St property which will be sold off after being repossessed by NAB.<\/strong><\/em><\/div>\n

NAB sought to repossess and sell his two houses \u2013 the mansion, and another nearby on Ann Street.<\/p>\n

Mehajer now has no choice but to await in anticipation from Cooma Correctional Centre for his six-bedroom, five-bathroom home with a $1 million staircase to hit the market.<\/p>\n

The home, purchased by Mehajer in 2007 for $565,000, has been the centre of nationwide interest in recent years, with it famously featuring in a video for US rap artist Bow Wow.<\/p>\n

The 845sq m mansion was in 2017 advertised for rent at $2950 a week.<\/p>\n

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\"Rapper<\/div>\n

Rapper Bow Wow shooting his video at Mehajer’s Lidcombe home. Picture: Supplied.<\/strong><\/em><\/div>\n

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\"The<\/div>\n

The kitchen in the $3.5 million Lidcombe mansion which also boasts a basement carpark with room for 13 vehicles.<\/strong><\/em><\/div>\n

READ MORE VIA NEWS.COM.AU<\/a><\/p>\n

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