Christmas Island

2023 - 2 - 25

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Image courtesy of "The Sydney Morning Herald"

Christmas Island resort owner's house being sold by receivers (The Sydney Morning Herald)

Australian Survivor's king of Bankstown George Mladenov watches on as family home sells after 50 years. · Seven's Edwina Bartholomew lists Dulwich Hills home.

Good news this week for Survivor Australia’s George “the King of Bankstown” Mladenov. Corporate heavyweight Eric “the Rhino” Dodd and his wife Vanessa have also made quick work of their Mosman house sale with a sold sticker ahead of next week’s scheduled auction. The resort may have languished, but the value of Kwon’s northern beaches home has soared. The news wasn’t so good for Metigy liquidators selling Fairfull’s Kangaroo Valley weekender, Heggy’s. At the time he hoped to revive the casino’s success of the early 1990s when it turned over $12 billion in its first two years of operation. Billed as one of the suburb’s oldest houses, it is one of a small group of homes built in the 1870s by a descendent of convict-turn-master builder James Bloodsworth, and was purchased by Bartholomew and Varcoe in 2017 for $1.59 million. Fletcher is in between homes thanks to the sale of his Rose Bay house last year after it was listed with $25 million hopes and the off-market purchase of a home renovation project on Point Piper’s Wolseley Road for more than $25 million. The local median house price has increased more than 1000 per cent in the 33 years he has owned the property, and has a suburb record in the double-digit millions thanks to a $12.15 million sale by former Home and Away actor Holly Brisley in 2021. Ray White Mosman’s Geoff Smith had a $9.75 million guide to reflect the market downturn, but sold it less than two weeks later for $12.21 million - a jump in value of 16.2 per cent - to Longueville local Dong Chunrui. Attempts to contact Kwon this week were unsuccessful, but a spokesperson for the Department of Infrastructure, Transport, Regional Development, Communications and the Arts said the resort ceased operations in 2015, and the government had considered renewing a casino licence for Christmas Island in 2021, but elected not to do so. But the licence was never renewed and a year after the resort was reopened in 2007, the government started the offshore detention of asylum seekers. But 30 years later there’s not a croupier in sight, the 145-bed resort has been shuttered for years and

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