Melissa Caddick’s mum holds the corporate watchman personally responsible for her daughter’s death, it has been revealed – as the infamous conman’s cliff-side mansion goes on the market.
Prospective buyers will be charged a refundable $10,000 fee to view Caddick’s property in Dover Heights in Sydney’s eastern suburbs, as recipients finally put the home on the market with renowned real estate agent Sotheby’s on Monday.
The fee is being used to stop anyone but legitimate buyers from accessing the property at the center of one of Australia’s biggest mysteries – while agents release a striking video showing the property.
It comes as the inquest into Caddick’s alleged death and suicide continues Monday morning, with chief investigator Isabella Allen of Australia’s Securities and Investments Commission due to testify.
She is succeeded by Mrs Caddick’s husband Anthony Koletti.
The investigation into Melissa Caddick continues on Monday. Her husband Anthony Koletti (right) will testify this week
Melissa Caddick’s former home in Dover Heights (pictured) goes on the market this week. It required extensive repairs, cleaning and maintenance after Caddick’s husband was evicted
As of September 8, 2020, Ms Allen led the formal investigation into Ms Caddick’s Ponzi scheme operated under her fake company Maliver.
The scammer pretended to invest her victims’ fortunes by apparently setting up CommSec trading accounts and forging documents to claim that she was making profits through capital growth and stocks.
She mainly preyed on friends and family and stole up to $30 million between 2013 and 2020, the attorney supporting Jason Downing SC told the inquest.
A week after corporate regulators began investigating the embezzlement of funds, Ms Caddick booked a shredding service at her home address to destroy documents.
The last confirmed sighting of Ms Caddick was when ASIC and Australian Federal Police searched her mansion in Dover Heights on November 11, 2020.
Ms Caddick’s mother, Barbara Grimley, blames ASIC for her daughter’s alleged death and says she was very distressed during the raid and was given no food or water.
AFP police officer Amelia Griffen shadowed Ms Caddick for most of the 12-hour search and confirmed she prepared food for herself and was allowed to leave the property whenever she wanted.
Her husband Anthony Koletti called the 49-year-old when she was missing around 30 hours after he said she left their house for the last time around 5.30am on November 12 to “go for a jog”.
Mr. Koletti is to testify after Ms. Allen.
Melissa Caddick’s mother, Barbara Grimley, blames ASIC for her daughter’s alleged death
What Mr Koletti knew about Ms Caddick’s disappearance was the source of intense scrutiny during the first week of his wife’s inquest.
The part-time hairstylist and DJ told police he was too busy working from home to testify in person and was subsequently visited at his home where he told “conflicting stories,” Sergeant Trent Riley told the coroner.
In February 2021, Ms Caddick’s rotting foot in an Asics shoe washed ashore on Bournda Beach on the NSW south coast, some 400km south of Sydney.
The inquest before Assistant Medical Examiner Elizabeth Ryan is scheduled to resume on Monday after a week’s hiatus.
Meanwhile, Caddick’s former home in Dover Heights will go on the market Monday.
A $10,000 refundable security deposit is required to enter the home and deter stickybeaks.
Bankruptcy firm Jones Partners took over the cliff-top home in Sydney’s eastern suburbs in May after Mr Koletti ordered the federal court to vacate it.
The rooftop terrace offers stunning views of the city’s famous skyline and the Sydney Harbor Bridge
Extensive repairs, cleaning and maintenance have been required over the last two months to present the house as a ‘prestige property’ including new floors, fresh paint and new carpeting.
The receiver appointed Sydney Sotheby’s International Realty to sell the property.
Jones Partners director Bruce Gleeson told the Sydney Morning Herald he was “shocked” by the condition of the house when Koletti moved out.
Mr Gleeson claimed Caddick’s husband left rotting food in the fridge along with discarded items including fish tanks and unwanted pieces of furniture.
The five-bedroom, two-story mansion with stunning views of Sydney Harbor is now worth nearly three times the $6.2 million Caddick paid for it in 2014.
Mr Gleeson was reluctant to give a price figure but hopes it will sell for more than $10 million for Caddick’s victims.
Caddick’s husband Anthony Koletti (right) was evicted from the Dover Heights home in May
Potential buyers will have to shell out $10,000 just to inspect Melissa Caddick’s former home (kitchen and living area pictured).
The home offers expansive views of Sydney’s famous harbor and skyline with five bedrooms, four bathrooms and a stunning pool.
“Since we received the vacant property in late May 2022 and received orders enabling us to proceed with a sale, we have made certain maintenance and minor improvements to enhance the property’s luxury appeal,” said Mr. Gleeson.
‘The home is situated on an elevated portion of one of Dover Heights’ most desirable streets and we are very pleased to be able to offer this prestigious property for sale in the Spring.’
“This elegant family oasis offers elevated views over the exclusive surrounds of the Eastern Suburbs and is set against the quintessential Sydney Harbor backdrop, with views along the water to the city’s iconic skyline and Harbor Bridge,” reads the property description.
It’s estimated that the stunning home is now worth almost triple the $6.2 million that Melissa Caddick paid for it in 2014 (pictured the roof in 2014).
The house is open for viewing by appointment only, expressions of interest close on October 31st.
“We are also well advanced and nearing completion of an application in federal court that will request sales orders for designer jewelry, clothing and artwork.”
‘We intend to hold an investor briefing in late October 2022 to provide a detailed update on receivership and liquidation status.’
Bankruptcy firm Jones Partners is hoping the home will sell for at least $10 million (pictured one of the home’s five bedrooms).
Bankruptcy firm Jones Partners took over Caddick’s cliff-top home (pictured) in Sydney’s eastern suburbs in May
https://www.dailymail.co.uk/news/article-11248623/Melissa-Caddick-inquest-Barbara-Grimley-blames-ASIC-conwomans-Dover-Heights-home-enters-market.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 Melissa Caddick Inquiry: Barbara Grimley Blames ASIC as Fraudster’s Dover Heights Home Goes On