The ultra-contemporary waterfront home in Chiswick of fugitive developer Jean Nassif hit the property market on Wednesday, kicking off a long anticipated sales campaign by administrators of collapsed Toplace Group.
The three-level house on Chiswick’s Parramatta River is being sold by administrators at a December 6 auction.The three-level residence on deep waterfront features a vast floor plan that includes six bedrooms, six bathrooms, a swimming pool, sauna, marble finishes, an internal lift and a home theatre. It goes to auction on December 6.
The developer has encountered challenging times recently. Toplace had its building licence cancelled in 2022 and Nassif was barred from running a building company for 10 years after a series of major defects were uncovered at developments.over an alleged bank fraud in which he and his daughter, Ashlyn, were alleged to have falsified presale contracts to deceive Westpac into providing a $150 million loan. Ashlyn is defending the charges that are before Burwood Local Court.