Ex-Stiletto madam lightens portfolio
THE former Sydney madam Jamelie
Lahood (inset), who is behind in her Australian Taxation Office payments, has sold her Yowie Bay property after it languished on the market for three months.
It was part of an impressive property portfolio that peaked in value at $10 million-plus.
The Yowie Bay title comes with a caveat from the ATO indicating she is working with the tax commissioner on her repayments. The title also comes with a subsequent caveat after she borrowed money from Fadi Ibrahim, while a third caveat is from her lawyer in Parramatta to protect his legal fees.
Lahood (inset) reportedly owes almost $2 million in unpaid taxes. Lahood, who ran Stiletto in Camperdown, paid $3 million for the five-bedroom Yowie Bay waterfront in 2011, buying it from Fantastic Furniture chairman Julian Tertini.
Set on 1151sqm, the glass-wrapped residence has views over the Port Hacking River. The alfresco dining area overlooks the in-ground pool and jacuzzi.
McGrath Brighton-Le-Sands agents Bill Tsounias and Trent Tarbey sold the home.
Lahood has offloaded a three-bedroom property in Dural for $2,777,000 and a commercial space in Parramatta was also sold for $1.25 million.
The Yowie Bay property’s pool.