Robert Simeon from Richardson and Wrench in Mosman said he was confident the home had “risen significantly in value” over the past three years.
“Without seeing the condition of the home, I believe it would be worth between 12 million and 14 million, if it went to market today,” he said.
When contacted by Mosman Collective about a potential sale of 10 Superba Parade, Liquidators Con Cordis said they were “continuing to review a range of matters … including any potential asset recoveries that might be available”.
“At this stage, as investigations are continuing, we do not believe it is appropriate to make any public comment,” they said in a statement.
iProsperity is believed to have been a substantial player in Australia’s “Significant Investor Visa” scheme (SIV), run by the Federal Government to fast track permanent residency for high net-worth individuals, willing to invest at least $5 million, with at least $500,000 of that placed in venture capital or growth private equity funds which invest in start-ups and small private companies.
Mosman Collective has not been able to reach Mr. Gu for comment.