The Sydney mansion of conwoman Melissa Caddick has sold for close to $10 million, which liquidators say is a strong result amid declining property prices.
Work has been under way since early last year to liquidate Caddick's assets, including valuable artworks, property and luxury goods, after she was found to have pulled off a $30 million Ponzi scheme before disappearing.
The sale was settled last week after a contract was exchanged on the Dover Heights mansion last year, the principal of receivers for Caddick and liquidators of company Maliver, Bruce Gleeson, said on Tuesday.
"The sale price of the property was $9.8 million, which we consider a good outcome given the current market conditions," Mr Gleeson said.
Other major items owned by Caddick that have been sold by liquidators include jewellery, artworks and designer and luxury goods.
An auction of Caddick's jewellery included the sale of a Canturi necklace with diamonds and 13 black sapphires for $130,000 and a matching ring for $1400. Caddick paid $370,000 for the necklace.
Receivers recouped $262,000 from luxury fashion house Christian Dior, which the company had been holding on Caddick's behalf. Justice Brigitte Markovic ordered Dior to hand over the funds in December.
Receivers still have another property in Edgecliff, also in Sydney's eastern suburbs, to sell.
After this, receivers will look to distribute funds to investors defrauded by Caddick.
Investors will be updated in late February.
Caddick told her victims she would invest their cash, but instead created false Commsec trading accounts and faked trading documents showing profits.
She preyed mostly on her friends and family between 2013 and 2020.
The Australian Securities and Investments Commission and the Australian Federal Police jointly raided Caddick's eastern suburbs home on November 11, 2020.
Her husband Anthony Koletti reported her missing two days later.
Her decomposing severed foot washed up in a sports shoe on the far south coast of NSW three months later.
