Eye-watering price Melissa Caddick's mansion sold for is revealed trends now
Melissa Caddick's Dover Heights mansion has sold for $9.8 million.
Bruce Gleeson of Jones Partners - the receivers of Caddick's companies - said on Tuesday that the sale was 'a good outcome given the current market conditions.'
The funds from the sale of the house will go toward repaying investors who were fleeced out of millions of dollars by the missing conwoman.
The settlement for the home successfully took place on January 27 2023 after being sold on October 28 2022.
It was previously thought the home would sell for a price in the region of $12m.
The home was expected to sell for over $10 million. NSW.Picture: NewsWire / Monique Harmer
The home boasts harbour views, a pool and a wine cellar. NSW.Picture: NewsWire / Monique Harmer
It's believed that liquidators were hoping to receive $10 million from the sale of the home.
'We believe the sale price achieved is a strong result, given the current market conditions and will make a significant contribution towards