Bank sells Salim Mehajer’s home for $4m
Convicted fraudster Salim Mehajer’s ex-home, and its famous staircase, has finally been sold.
The former Lidcombe home of property developer and convicted fraudster Salim Mehajer has been sold at auction for $3.85 million, having come with $3.9 million hopes.
There were eight buyers for the four-storey Frances St property listed through McGrath’s Ruma Mundi and Kon Stathopoulos, who were appointed by NAB pursuant to its 2011 mortgage.
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The 846sq m block cost $565,000 back in 2007.
“Boasting an exquisite architectural design spanning across four levels, this home epitomises elegance and grandeur,” the listing for the home read.
“From the stunning entrance to ample accommodation, multiple living zones and lavish outdoor & rooftop entertainment areas, every detail has been meticulously curated to provide the ultimate in comfort and luxury.
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“Located within close proximity to Strathfield and Parramatta CBD, this residence is truly one of a kind in its design and the versatile floor plan can accommodate the largest of families. A home showcasing such opulent interiors and finishes is hard to find.”
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Originally published as Bank sells Salim Mehajer’s home for $4m
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