Selling Property

‘Desperate’ Salim Mehajer sells the primary piece of his assets portfolio for $1.6million after being jailed and declared bankrupt

The disgraced former Deputy Mayor of Auburn Salim Mehajer has started selling off his property much less than a yr after he became declared bankrupt.

'Desperate' Salim Mehajer sells the primary piece of his assets portfolio for $1.6million after being jailed and declared bankrupt 1

The 32-year-vintage is presently serving time at the back of bars in Cooma Correctional Centre, south of Canberra, for electoral fraud fees, and notwithstanding his imprisonment, he’s started out auctioning off his belongings portfolio.

Mehajer’s three-bedroom assets at Bayside in inner Sydney changed into up for public sale on Saturday.

CIA Real Estate Auburn agent Joe Salah, who ran the public sale, stated he was ‘under instruction to promote for a completely desperate supplier,’ suggested The Daily Telegraph.

The urgency of the sale was additionally highlighted on the assets list on realestate.Com.Au.

While describing the assets and its attributes, the listing delivered the house became being sold through a ‘very actual dealer’ and ‘need to promote.’

Although it is understood neither the listing nor the auctioneer referenced the real name of the infamous vendor.

The auction proved to be a fulfillment for Mehajer because the residence bought for more than $1.6 million.

The sale becomes a significant increase from the remaining time the assets turned into traded in 2015, at $1.4 million.

It’s reportedly the third time Mehajer has tried to sell the belongings within the past yr.

Judith Barnes

I am a freelance writer and blogger based in New York City. I love to write about home design, landscaping, architecture, gardens, real estate, and exterior design. I also run a blog called Mypropertal, where I share tips about home and garden improvement projects. In addition to writing, I work part-time as a social media manager for a real estate company in NYC.

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