{"id":39728,"date":"2022-07-26T19:33:52","date_gmt":"2022-07-26T07:33:52","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=39728"},"modified":"2022-07-26T19:33:52","modified_gmt":"2022-07-26T07:33:52","slug":"melissa-caddicks-dover-heights-property-to-be-sold-as-parents-vie-for-edgecliff-apartment","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/melissa-caddicks-dover-heights-property-to-be-sold-as-parents-vie-for-edgecliff-apartment\/","title":{"rendered":"Melissa Caddick&#8217;s Dover Heights property to be sold as parents vie for Edgecliff apartment"},"content":{"rendered":"<p><strong>PHOTO: Melissa Caddick was being investigated over a $23 million Ponzi scheme when she disappeared.<cite class=\"_1EAJU _1ftZy _2L258 _14LIk _3pVeq hmFfs _2F43D\" data-component=\"Figure__cite\">(<span class=\"_1EAJU _1s6pr _2L258 _1BqKa _3pVeq hmFfs _2F43D\" data-component=\"Byline\"><span class=\"_1EAJU _2L258 _14LIk _3pVeq hmFfs _2F43D\" data-component=\"Text\">(Supplied)<\/span><\/span>)<\/cite><\/strong><\/p>\n<p class=\"_1HzXw\">The sale of accused fraudster <a href=\"https:\/\/propertynoise.co.nz\/au\/?s=Melissa+Caddick&amp;submit=Search\">Melissa Caddick<\/a>&#8216;s Sydney property &#8220;should proceed posthaste&#8221;\u00a0a judge has said\u00a0as a potential court battle brews between her parents and out-of-pocket investors.<\/p>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/propertynoise.co.nz\/au\/inside-melissa-caddicks-15m-mansion\/\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-hoot-medium-thumb  entry-content-featured-img entry-grid-featured-img wp-post-image lazyloaded\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/04\/Melissa-Caddick--306x270.jpg\" alt=\"Melissa Caddick\u00a0\" width=\"306\" height=\"270\" data-src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/04\/Melissa-Caddick--306x270.jpg\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/propertynoise.co.nz\/au\/inside-melissa-caddicks-15m-mansion\/\" rel=\"bookmark\">Inside Melissa Caddick\u2019s $15m mansion<\/a><\/h2>\n<\/header>\n<\/div>\n<div class=\"_3qLh5 _sBMB _1ilWc\">\n<section class=\"_3xJds _3tgJi\" role=\"contentinfo\" aria-label=\"key points\" data-component=\"KeyPoints\" data-uri=\"coremedia:\/\/teaser\/101269324\">\n<h2 class=\"_1EAJU hMmqO _316gH _1zBDU _1BqKa _2AH39 _3HiTE x9R1x pDrMR hmFfs _390V1\" data-component=\"Heading\">Key points:<\/h2>\n<ul class=\"qkR3W\" role=\"list\" data-component=\"List\">\n<li class=\"\" data-component=\"ListItem\">There is expected to be &#8220;strong interest&#8221; in the sale of Melissa Caddick&#8217;s Dover Heights home<\/li>\n<li class=\"\" data-component=\"ListItem\">Ms Caddick&#8217;s parents are seeking to retain the Edgecliff\u00a0apartment they co-owned with their daughter<\/li>\n<li class=\"\" data-component=\"ListItem\">The accused fraudster\u00a0is believed dead but her full remains\u00a0have not been recovered<\/li>\n<\/ul>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/propertynoise.co.nz\/au\/did-melissa-caddick-fake-her-own-death-watch\/\"><img decoding=\"async\" class=\"attachment-hoot-medium-thumb  entry-content-featured-img entry-grid-featured-img wp-post-image lazyloaded\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2021\/02\/Melissa-Caddick-460x270.jpg\" alt=\"Melissa Caddick\" width=\"460\" height=\"270\" data-src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2021\/02\/Melissa-Caddick-460x270.jpg\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/propertynoise.co.nz\/au\/did-melissa-caddick-fake-her-own-death-watch\/\" rel=\"bookmark\">Did Melissa Caddick fake her own death? | WATCH<\/a><\/h2>\n<\/header>\n<\/div>\n<\/section>\n<\/div>\n<p class=\"_1HzXw\">Ms Caddick, 49, vanished in November 2020 and her husband, Anthony Koletti, was ordered by the Federal Court to move out of their Dover Heights home in May as liquidators attempt to retrieve some of the $23 million she allegedly stole from investors.<\/p>\n<p class=\"_1HzXw\">Barrister Steven Golledge SC, who is acting for the court-appointed receivers, yesterday told the court the receivers had set out the most appropriate way to proceed with the sale of the property and no interested party had identified any flaw in the proposal.<\/p>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/propertynoise.co.nz\/au\/inside-melissa-caddicks-15m-home-fire-sale\/\"><img decoding=\"async\" class=\"attachment-hoot-medium-thumb  entry-content-featured-img entry-grid-featured-img wp-post-image lazyloaded\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/05\/Caddick-460x270.jpg\" alt=\"Caddick\" width=\"460\" height=\"270\" data-src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/05\/Caddick-460x270.jpg\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/propertynoise.co.nz\/au\/inside-melissa-caddicks-15m-home-fire-sale\/\" rel=\"bookmark\">Inside Melissa Caddick\u2019s $15m home fire sale<\/a><\/h2>\n<\/header>\n<\/div>\n<p class=\"_1HzXw\">But he said the net proceeds needed to be &#8220;preserved&#8221; pending further application and the judge approved a request to use some to discharge the mortgage on an Edgecliff apartment where Ms Caddick&#8217;s parents lived, which was attracting interest.<\/p>\n<p class=\"_1HzXw\">Justice Brigitte Markovic said she did not wish to stand in the way of the sale\u00a0which &#8220;should proceed posthaste&#8221;.<\/p>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/propertynoise.co.nz\/au\/anthony-koletti-claims-melissa-caddick-may-still-be-alive-as-hes-evicted-from-mansion-watch\/\"><img loading=\"lazy\" decoding=\"async\" class=\"attachment-hoot-medium-thumb  entry-content-featured-img entry-grid-featured-img wp-post-image lazyloaded\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/05\/Anthony-Koletti-460x270.jpg\" alt=\"Anthony Koletti\" width=\"460\" height=\"270\" data-src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/05\/Anthony-Koletti-460x270.jpg\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/propertynoise.co.nz\/au\/anthony-koletti-claims-melissa-caddick-may-still-be-alive-as-hes-evicted-from-mansion-watch\/\" rel=\"bookmark\">Anthony Koletti claims Melissa Caddick may still be alive as he\u2019s evicted from mansion | WATCH<\/a><\/h2>\n<\/header>\n<\/div>\n<p class=\"_1HzXw\">Barrister Robert Newlinds SC, representing Ms Caddick&#8217;s parents Barbara and Ted Grimley, said anyone who had an interest in the Dover Heights property had been invited to bring forward that claim, however nobody had.<\/p>\n<figure class=\"_247xw _3qLh5 _sBMB _3pBTa\" role=\"group\" data-print=\"inline-media\" aria-labelledby=\"101269314\" data-component=\"Figure\" data-uri=\"coremedia:\/\/imageproxy\/101269314\">\n<div class=\"_3poXF\" data-component=\"IntersectionObserver\">\n<div class=\"_1Axyg\" data-component=\"AspectRatioContainer\"><img decoding=\"async\" class=\"jMqWO _1PHKk\" src=\"https:\/\/live-production.wcms.abc-cdn.net.au\/e552fb89b19a76d9b43b758ddc5e7cec?impolicy=wcms_crop_resize&amp;cropH=887&amp;cropW=1333&amp;xPos=72&amp;yPos=167&amp;width=862&amp;height=575\" sizes=\"100vw\" alt=\"A house\" data-component=\"Image\" \/><\/div>\n<\/div><figcaption id=\"101269314\" class=\"_1EAJU _2_dbS _2L258 _14LIk _3pVeq hmFfs _2F43D\" data-component=\"Figure__figcaption\"><em><strong>Melissa Caddick shared her\u00a0Dover Heights home with her husband Anthony Koletti.<cite class=\"_1EAJU _1ftZy _2L258 _14LIk _3pVeq hmFfs _2F43D\" data-component=\"Figure__cite\">(<span class=\"_1EAJU _1s6pr _2L258 _1BqKa _3pVeq hmFfs _2F43D\" data-component=\"Byline\"><span class=\"_1EAJU _2L258 _14LIk _3pVeq hmFfs _2F43D\" data-component=\"Text\">Supplied<\/span><\/span>)<\/cite><\/strong><\/em><\/figcaption><\/figure>\n<p class=\"_1HzXw\">The Grimleys contributed nearly $1.1 million to pay down the mortgage on the $2.25 million\u00a0Edgecliff property they co-owned with their daughter and are seeking to retain the property.<\/p>\n<p class=\"_1HzXw\">Mr Koletti sat in the back of the court during the brief hearing.<\/p>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/propertynoise.co.nz\/au\/how-two-of-melissa-caddicks-investors-got-back-all-of-their-money\/\"><img loading=\"lazy\" decoding=\"async\" class=\"attachment-hoot-medium-thumb  entry-content-featured-img entry-grid-featured-img wp-post-image ls-is-cached lazyloaded\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/04\/Melissa-Caddick--306x270.jpg\" alt=\"Melissa Caddick\u00a0\" width=\"306\" height=\"270\" data-src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/04\/Melissa-Caddick--306x270.jpg\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/propertynoise.co.nz\/au\/how-two-of-melissa-caddicks-investors-got-back-all-of-their-money\/\" rel=\"bookmark\">How two of Melissa Caddick\u2019s investors got back ALL of their money<\/a><\/h2>\n<\/header>\n<\/div>\n<p class=\"_1HzXw\">He&#8217;s previously told the court the Dover Heights home, which was bought for $6.2 million, was estimated to be worth between $15 and $17 million.<\/p>\n<p class=\"_1HzXw\">Jones Partners, the receivers and liquidators, have said they anticipate &#8220;strong interest&#8221; in the home.<\/p>\n<p class=\"_1HzXw\">Justice Markovic ordered that the receivers would be justified in taking possession of the Dover Heights home and placing the proceeds of sale in a trust account.<\/p>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/propertynoise.co.nz\/au\/husband-of-sydney-fraudster-melissa-caddick-makes-million-dollar-claim\/\"><img loading=\"lazy\" decoding=\"async\" class=\"attachment-hoot-medium-thumb  entry-content-featured-img entry-grid-featured-img wp-post-image ls-is-cached lazyloaded\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/04\/Melissa-Caddick--306x270.jpg\" alt=\"Melissa Caddick\u00a0\" width=\"306\" height=\"270\" data-src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/04\/Melissa-Caddick--306x270.jpg\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/propertynoise.co.nz\/au\/husband-of-sydney-fraudster-melissa-caddick-makes-million-dollar-claim\/\" rel=\"bookmark\">Husband of Sydney fraudster Melissa Caddick makes million-dollar claim<\/a><\/h2>\n<\/header>\n<\/div>\n<p class=\"_1HzXw\">The proceeds will also be used to pay any necessary costs, including council, water and utility rates, along with sale and marketing expenses from real estate agent.<\/p>\n<p class=\"_1HzXw\">In a statement, Bruce Gleeson, Principal of Jones Partners, said the receivership property also included the Edgecliff property.<\/p>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/propertynoise.co.nz\/au\/melissa-caddicks-cruellest-fraud-how-she-ruined-a-couples-future-by-convincing-them-to-sell-their-home\/\"><img loading=\"lazy\" decoding=\"async\" class=\"attachment-hoot-medium-thumb  entry-content-featured-img entry-grid-featured-img wp-post-image ls-is-cached lazyloaded\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2021\/02\/Melissa-Caddick-460x270.jpg\" alt=\"Melissa Caddick\" width=\"460\" height=\"270\" data-src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2021\/02\/Melissa-Caddick-460x270.jpg\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/propertynoise.co.nz\/au\/melissa-caddicks-cruellest-fraud-how-she-ruined-a-couples-future-by-convincing-them-to-sell-their-home\/\" rel=\"bookmark\">Melissa Caddick\u2019s cruellest fraud: How she ruined a couple\u2019s future by convincing them to sell their home<\/a><\/h2>\n<\/header>\n<\/div>\n<p class=\"_1HzXw\">&#8220;The parents have asserted an interest in the Edgecliff property,&#8221; he said.<\/p>\n<p class=\"_1HzXw\">&#8220;We are continuing negotiations with the Parents via their solicitors regarding resolution of such interest.<\/p>\n<p class=\"_1HzXw\">&#8220;Ultimately if such negotiations cannot be resolved, then an application will be required for the Federal Court to determine the parent&#8217;s interest.&#8221;<\/p>\n<p class=\"_1HzXw\">Mr Jones anticipated filing a further, separate application to the court in the coming weeks to &#8220;realise the jewellery, clothing, and other remaining items&#8221;.<\/p>\n<p class=\"_1HzXw\">Ms Caddick&#8217;s disappearance\u00a0came soon after the Australian Investment and Securities Commission (ASIC) raided her Dover Heights home.<\/p>\n<p class=\"_1HzXw\">Three months later, her\u00a0decomposed foot was found washed up on Bournda Beach\u00a0near Tathra, about 500 kilometres away.<\/p>\n<p>READ MORE VIA<a href=\"https:\/\/www.abc.net.au\/news\/2022-07-26\/melissa-caddick-dover-heights-home-to-be-sold\/101269182\"> ABC<\/a><\/p>\n<h3 class=\"widget-title\"><span class=\"accent-typo\">MOST POPULAR IN NEW ZEALAND<\/span><\/h3>\n<ul class=\"wpp-list 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data-src=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img,w_75,h_75\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/95157-featured-75x75.jpg\" data-srcset=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/95157-featured-75x75.jpg, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/95157-featured-75x75@1.5x.jpg 1.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/95157-featured-75x75@2x.jpg 2x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/95157-featured-75x75@2.5x.jpg 2.5x, 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&rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":30843,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098730,478098512,478122388,478098521,478122031,478106648,478113123,478114228,478116805,478113114,478113116,478113115,478121274,478098519,478098535,478116447,478113113,478122387,478098873,478098579,478098510,478098514,478098511,478098705,478098533,478098828,478098509,478098536,478098618],"class_list":["entry","author-data123nz","post-39728","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-auctions","tag-australia","tag-australian-investment-and-securities-commission","tag-australians","tag-bruce-gleeson","tag-dover-heights","tag-dover-heights-businesswoman","tag-dover-heights-home","tag-dover-heights-house","tag-dover-heights-mansion","tag-dover-heights-property","tag-dover-heights-real-estate","tag-edgecliff-property","tag-home-ownership","tag-house-prices","tag-jones-partners","tag-melissa-caddick","tag-principal-of-jones-partners","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-agents","tag-real-estate-news","tag-sydney","tag-sydney-property"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Melissa Caddick&#039;s Dover Heights property to be sold as parents vie for Edgecliff apartment - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/melissa-caddicks-dover-heights-property-to-be-sold-as-parents-vie-for-edgecliff-apartment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Melissa Caddick&#039;s Dover Heights property to be sold as parents vie for Edgecliff apartment - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO: Melissa Caddick was being investigated over a $23 millionRead More &rarr;\" \/>\n<meta property=\"og:url\" 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