Ex-director of collapsed Halifax Matthew Barnett sells $14 million Darling Point home

Excellent news for Matthew Barnett, former director of collapsed dealer Halifax Funding, and his spouse Susan: lawyer Jovan Sarai has agreed to purchase their Darling Point residence, Casa Ombu, after two years available on the market.

The four-level home, developed by convicted fraudster Nati Stoliar as a part of the Babworth property, was bought by Susan in 2016 for $5.4 million from former Glencore Australia boss William O’Keeffe.

The four-level residence is in the Nati Stoliar-developed Babworth estate in Darling Point.

The four-level residence is within the Nati Stoliar-developed Babworth property in Darling Point.Credit score:

However issues went awry a couple of years later when the impartial dealer collapsed, prompting a freeze on greater than $200 million price of investments of some 12,000 share merchants.

These shoppers look set to recoup a few of that funding via liquidators, nonetheless Barnett and Halifax director Jeff Worboys is serving a six-year ban from offering monetary companies resulting from alleged involvement in operations of one other collapsed funding home, Courtenay Home.

However not less than Barnett’s residence actual property has performed properly within the meantime. A suggestion of $12 million final yr was knocked again, and the itemizing was handed to Alison Coopes, of her eponymous company.

Coopes has secured about $14 million on a structured take care of Sarai, head of Secure Harbour Attorneys, presumably with the concept that by the point it settles in 2026 will probably be price that quantity.

Espresso queen goals for Mosman document

The four-bedroom apartment atop the Watermarque building last traded in 2015 for $8.4 million.

The four-bedroom condo atop the Watermarque constructing final traded in 2015 for $8.4 million.

Espresso queen Clelia Cantarella is hoping to reset Mosman’s condo document books given plans to promote her waterfront condo with an $11 million to $12 million information.

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