Ex-Stiletto madam light­ens port­fo­lio

The Sunday Telegraph (Sydney) - - REALESTATE -

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.

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