Liquidators confirmed the five-bedroom, four-bathroom Dover Heights property sold today with contracts exchanged and a settlement period of 12 weeks agreed upon.
The home features a double garage, pool and expansive views of Sydney’s harbour.
It was hoped the sprawling mansion would sell for about $10 million with the profits set to go to the victims of Caddick’s fraudulent scheme.
“Until settlement has occurred, we will not be disclosing the sale price,” Bruce Gleeson from Jones Partners, the receivers of Melissa Caddick and liquidators of Maliver Pty Ltd, said.
“However, we believe the sale price achieved is a strong result given the current market conditions and will make a significant contribution towards the pool of funds available for Investors.
”We are very pleased with the outcome of the sales campaign and the interest received from prospective purchasers.”
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He had been living rent-free in the property since her disappearance.
Gleeson added that liquidators were still working to sell jewellery and other designer goods.
“We are also continuing our efforts to progress realisation of other Receivership Property such as the jewellery and designer goods and will provide a further update on such aspects very soon,” he said.
Caddick was last seen after a raid of her Dover Heights home in November 2020.
It is believed about 74 victims lost at least $23 million through Caddick’s Ponzi scheme, over which she was set to face a string of charges.