Bondi hoarders saga continues

Bondi hoarders saga continues
Bondi hoarders saga continues

The Bondi hoarders' property - withdrawn from sheriff's auction last week - is set to be rescheduled despite the family turning up to court with wads of hundred-dollar notes.

The family managed to stave off the forced auction of their home on Thursday night.

Then on Friday Mary Bobolas and her adult daughters Elena and Liana arrived in court carrying several bags each, desirious of paying their debt owed to Waverley Council.

They produced bags of $100 notes as a “show of good will that funds were available”.

But magistrate Joanne Keogh said the family had failed to demonstrate sufficient means to pay the money owed to the council.

There remains the prospect the family will lodge an appeal.

A $2 million sale had been anticipated due to its prime location and 550 sqm block size.

The 19 Boonara Avenue offering was listed under instructions of the NSW Sheriff's Office.

It was the third time that the marketing failed to end in any under the hammer sale.

There was an unexpected delay last month.

Previously the owner Mary Bobolas dodged the sale of the property February last year by coming up with $180,000 to pay Waverley Council's cleaning and legal bills just hours before that scheduled auction.

The drawn out process has seen buyer interest wane as when it was first listed in 2015, 63 contracts had been handed out. Last month it was in the 30s. This time interest was down to around the expected 10 attendees.

They will need to pay a further $160,000 to meet the newest set of cleaning and legal bills.

The council's solicitors wrote to the Bobolas family in November asking for settlement of the outstanding money to avoid the sale but they received no funds.

Raine & Horne agent Ric Serrao was commissioned by the NSW Sheriff's Office to sell the property so that clean-up costs can be recovered on behalf of the council.

Rubbish flowed out of the door and onto the property frontage on the latest listing images despite a 10 truck clear up in July last year.

There were no inspections possible for prospective buyers.

Ric Serrao couldn't even access the property so there were no internal photos or floor plan available.

 

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Auction Residential Listing

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