Duplex developer Daniel Krimotat has purchased the demountable property directly across from the Dover Heights home of missing fraudster Melissa Caddick and her husband Anthony Koletti.
Krimotat and its building development partner Martin Airth paid $6.56 million for the 544 sqm property.
The well kept three bedroom house was marketed with drone footage as offering the possibility of city skyline views. The deceased estate offer was sold by the Cohen family of retailers who bought on Wallangra Rd for £12,850 in 1963.
There were no useful security cameras in the classic 1950s brick bungalow to help solve Caddick’s mystery, but there are views from the living room and bedroom of the vacant contemporary house opposite.
Caddick’s home was raided by Australian Federal Police in November 2020 on suspicion of embezzling around $23 million from investors, including his friends and family.
Repairs are underway ahead of its spring listing.
And there is still nothing official about its listing agent, Michael Pallier at Sydney Sotheby’s, despite the opinion of Mr. Koletti unrealistic suggestion, he was worth $15 million.
Bruce Gleeson of Jones Partners, the receivers of the Caddick estate, is expected to market it within weeks.
It was purchased for $6.2 million in 2014.
Krimotat’s latest project was his family home with his wife Cassandra on a nearby 249m² site in Liverpool St, which sold through Ray White Double Bay for $6.5million, reflecting a record rate per square metre. It was designed in collaboration between Van Rooijen Meyers Architects and interior designer Shona McElroy of Smac Studio.
A coroner’s inquest into Caddick’s disappearance recently heard a police officer investigating the disappearance of Melissa Caddick think her husband was shedding fake tears during one of his first police interviews.
Originally published as Melissa Caddick: $ 6.6 million in the luxury home of a fraudster