Ex-sex shop businessman reveals family side with house sale
Mr Day, who lives on rich-lister row in King's Park, recently got $743,000 for a Bertram home which he co-owned with his half-brother Doug.
The pair initially bought the five-bedroom, two-bathroom home in early 2010 for $450,000, with the sale representing a 65 per cent increase over 15 years.
While not baulking at the hundreds of thousands of dollars in profit, he said the house was never purchased for its investment potential, but to ensure his half brother was comfortable. 2023 | SWM Socials - BANKS Creative at Miami Apartments Penthouse, 2 Bellevue Tce, West Perth on April 29th, 2023. Photo - Katya Roze & Malcolm Day - Alan Chau - The West Australian. Credit: Alan Chau / The West Australian
'He's moved out of it now to live at my Raffles apartment with my mother,' Mr Day said.
'You've got to take care of family.'
The typically suburban home, which has a backyard pool and space for a caravan, is far removed from Day's man-about-town image.
He made his fortune as the founder of Adultshop.com — which he later sold to a rival — set up the fundraising Boobalicious Ball and has dabbled in nightclubs. Though it has been his romances with Perth beauties that have often stolen the limelight, including his current relationship with Ukrainian Katya Roze.
Unbeknown to many, Day has also been involved in property development, helping to develop the Miami apartments in King's Park where he now lives.
'I could not think of anywhere else I would want to live,' he said. Bertram home sold by Malcolm Day and his brother Credit: supplied Bertram home sold by Malcolm Day and his brother Credit: supplied Bertram home sold by Malcolm Day and his brother Credit: supplied
He has been the major investor behind Tim Willing's luxurious Mt Lawley apartment projects in recent years. Although not in property development at the moment he plans to get involved in the sector again when the timing is better.
He claims even some developers in the western suburbs are struggling to make costs stack up.
'Construction costs are high and the Iranian conflict doesn't help,' he said.
'I am sitting out (of property development) until everything settles down, until the risks abate a little. With property development, it is all about timing, and a little bit of luck.'
His career appears to have come full circle, returning him to his roots as a civil engineer and licensed surveyor, with his role as managing director of Moab Minerals, which has a uranium project in Tanzania.
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Iran, Britain, France and Germany are set to hold nuclear talks in Istanbul, the Iranian foreign ministry says, following warnings that failure to resume negotiations would lead to international sanctions being reimposed. "The meeting between Iran, Britain, France and Germany will take place at the deputy foreign minister level," Esmaeil Baghaei was quoted by Iranian state media as saying. The talks scheduled for Friday come after foreign ministers of the E3 nations, as those European countries are known, as well as the European Union's foreign policy chief, held their first call on Thursday with Iranian Foreign Minister Abbas Araqhchi since Israel and the US attacked Iranian nuclear facilities a month ago. The three European nations, along with China and Russia, are the remaining parties to a 2015 nuclear deal reached with Iran - from which the United States withdrew in 2018 - that lifted sanctions on the Middle Eastern country in return for restrictions on its nuclear program. The E3 have said they would restore UN sanctions on Tehran via the "snapback mechanism" by the end of August if nuclear talks that were ongoing between Iran and the US before the Israel-Iran air war do not resume or fail to produce concrete results. "If EU/E3 want to have a role, they should act responsibly, and put aside the worn-out policies of threat and pressure, including the 'snap-back' for which they lack absolutely moral and legal ground," Araqhchi said earlier in the week. The snapback mechanism can be used to restore UN sanctions before the UN Security Council resolution enshrining the deal expires on October 18. Prior to the Israel-Iran war, Tehran and Washington held five rounds of nuclear talks mediated by Oman but faced major stumbling blocks such as uranium enrichment in Iran, which Western powers want to bring down to zero to minimise any risk of weaponisation. Tehran maintains its nuclear program is solely meant for civilian purposes. 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Iran, Britain, France and Germany are set to hold nuclear talks in Istanbul, the Iranian foreign ministry says, following warnings that failure to resume negotiations would lead to international sanctions being reimposed. "The meeting between Iran, Britain, France and Germany will take place at the deputy foreign minister level," Esmaeil Baghaei was quoted by Iranian state media as saying. The talks scheduled for Friday come after foreign ministers of the E3 nations, as those European countries are known, as well as the European Union's foreign policy chief, held their first call on Thursday with Iranian Foreign Minister Abbas Araqhchi since Israel and the US attacked Iranian nuclear facilities a month ago. The three European nations, along with China and Russia, are the remaining parties to a 2015 nuclear deal reached with Iran - from which the United States withdrew in 2018 - that lifted sanctions on the Middle Eastern country in return for restrictions on its nuclear program. The E3 have said they would restore UN sanctions on Tehran via the "snapback mechanism" by the end of August if nuclear talks that were ongoing between Iran and the US before the Israel-Iran air war do not resume or fail to produce concrete results. "If EU/E3 want to have a role, they should act responsibly, and put aside the worn-out policies of threat and pressure, including the 'snap-back' for which they lack absolutely moral and legal ground," Araqhchi said earlier in the week. The snapback mechanism can be used to restore UN sanctions before the UN Security Council resolution enshrining the deal expires on October 18. Prior to the Israel-Iran war, Tehran and Washington held five rounds of nuclear talks mediated by Oman but faced major stumbling blocks such as uranium enrichment in Iran, which Western powers want to bring down to zero to minimise any risk of weaponisation. Tehran maintains its nuclear program is solely meant for civilian purposes.
The Advertiser
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The delivery of tanks also comes as United Nations and humanitarian partners launched an appeal to try and raise hundreds of millions of dollars to protect Ukrainians facing a harsh winter as Russia attacks critical infrastructure. The winter response plan aims to deliver humanitarian assistance to more than 1.7 million people between October 2025 and March 2026.
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We are discussing investments in the expansion of production of Ukrainian drones by the US," she said. "That is, we are talking about the purchase of a large batch of Ukrainian drones." Svyrydenko added that a political decision on the deal had been made by Zelenskiy and President Donald Trump, and that officials were already hashing out the details. Zelenskiy told the New York Post this week that he and Trump were considering a deal for Washington to buy battlefield-tested Ukrainian drones in exchange for Kyiv purchasing weapons from the US. The Ukrainian government under Svyrydenko is expected to shore up ties with the Trump administration, which has grown increasingly critical of Russia since it stepped up air strikes on Ukraine. Svyrydenko is well-known in Washington, having negotiated a high-level deal offering the US preferential access to Ukraine's mineral wealth that will feed a reconstruction fund. At the briefing in Kyiv, economy minister Oleksiy Sobolev said the board of a joint US-Ukrainian fund will meet for the first time by the end of the summer. Meanwhile, former Russian President Dmitry Medvedev on Friday predicted the Russian economy would withstand the European Union's latest sanctions package and said Moscow would intensify its strikes against Ukraine. Medvedev, now deputy chairman of Russia's Security Council, made his comments after the European Union agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further blows to the Russian oil and energy industry. In a post on his official Telegram channel, Medvedev said the new sanctions would do little to alter Russia's stance on the conflict, just as previous rounds of sanctions had failed to make an impact. Medvedev, who has emerged as one of the Kremlin's top hawks, said Russia planned to intensify its strikes on Ukraine. "Strikes against targets in so-called Ukraine, including Kyiv, will be carried out with increasing force", Medvedev said. US President Donald Trump on Monday announced a toughened stance against Russia, promising a fresh wave of missiles and other weaponry, including Patriot missile defence systems capable of destroying Russian ballistic missiles. He also gave Russia 50 days to sign up to a ceasefire or face new sanctions. Ukraine and the United States are in detailed talks on a deal involving US investment in Kyiv's domestic drone production, Ukrainian Prime Minister Yulia Svyrydenko said on Friday. The announcement comes a day after President Volodymyr Zelenskiy tasked a reshuffled new government with scaling up Ukraine's arms industry and strengthening ties with its strategic partners. Svyrydenko, speaking to reporters alongside several other new ministers in the capital Kyiv, said the deal would also lead to the US, Ukraine's biggest military backer in its war with Russia, purchasing Ukrainian drones. "We plan to sign a 'drone deal' with the United States. We are discussing investments in the expansion of production of Ukrainian drones by the US," she said. "That is, we are talking about the purchase of a large batch of Ukrainian drones." Svyrydenko added that a political decision on the deal had been made by Zelenskiy and President Donald Trump, and that officials were already hashing out the details. Zelenskiy told the New York Post this week that he and Trump were considering a deal for Washington to buy battlefield-tested Ukrainian drones in exchange for Kyiv purchasing weapons from the US. The Ukrainian government under Svyrydenko is expected to shore up ties with the Trump administration, which has grown increasingly critical of Russia since it stepped up air strikes on Ukraine. Svyrydenko is well-known in Washington, having negotiated a high-level deal offering the US preferential access to Ukraine's mineral wealth that will feed a reconstruction fund. At the briefing in Kyiv, economy minister Oleksiy Sobolev said the board of a joint US-Ukrainian fund will meet for the first time by the end of the summer. Meanwhile, former Russian President Dmitry Medvedev on Friday predicted the Russian economy would withstand the European Union's latest sanctions package and said Moscow would intensify its strikes against Ukraine. Medvedev, now deputy chairman of Russia's Security Council, made his comments after the European Union agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further blows to the Russian oil and energy industry. In a post on his official Telegram channel, Medvedev said the new sanctions would do little to alter Russia's stance on the conflict, just as previous rounds of sanctions had failed to make an impact. Medvedev, who has emerged as one of the Kremlin's top hawks, said Russia planned to intensify its strikes on Ukraine. "Strikes against targets in so-called Ukraine, including Kyiv, will be carried out with increasing force", Medvedev said. US President Donald Trump on Monday announced a toughened stance against Russia, promising a fresh wave of missiles and other weaponry, including Patriot missile defence systems capable of destroying Russian ballistic missiles. He also gave Russia 50 days to sign up to a ceasefire or face new sanctions. Ukraine and the United States are in detailed talks on a deal involving US investment in Kyiv's domestic drone production, Ukrainian Prime Minister Yulia Svyrydenko said on Friday. The announcement comes a day after President Volodymyr Zelenskiy tasked a reshuffled new government with scaling up Ukraine's arms industry and strengthening ties with its strategic partners. Svyrydenko, speaking to reporters alongside several other new ministers in the capital Kyiv, said the deal would also lead to the US, Ukraine's biggest military backer in its war with Russia, purchasing Ukrainian drones. "We plan to sign a 'drone deal' with the United States. We are discussing investments in the expansion of production of Ukrainian drones by the US," she said. "That is, we are talking about the purchase of a large batch of Ukrainian drones." Svyrydenko added that a political decision on the deal had been made by Zelenskiy and President Donald Trump, and that officials were already hashing out the details. Zelenskiy told the New York Post this week that he and Trump were considering a deal for Washington to buy battlefield-tested Ukrainian drones in exchange for Kyiv purchasing weapons from the US. The Ukrainian government under Svyrydenko is expected to shore up ties with the Trump administration, which has grown increasingly critical of Russia since it stepped up air strikes on Ukraine. Svyrydenko is well-known in Washington, having negotiated a high-level deal offering the US preferential access to Ukraine's mineral wealth that will feed a reconstruction fund. At the briefing in Kyiv, economy minister Oleksiy Sobolev said the board of a joint US-Ukrainian fund will meet for the first time by the end of the summer. Meanwhile, former Russian President Dmitry Medvedev on Friday predicted the Russian economy would withstand the European Union's latest sanctions package and said Moscow would intensify its strikes against Ukraine. Medvedev, now deputy chairman of Russia's Security Council, made his comments after the European Union agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further blows to the Russian oil and energy industry. In a post on his official Telegram channel, Medvedev said the new sanctions would do little to alter Russia's stance on the conflict, just as previous rounds of sanctions had failed to make an impact. Medvedev, who has emerged as one of the Kremlin's top hawks, said Russia planned to intensify its strikes on Ukraine. "Strikes against targets in so-called Ukraine, including Kyiv, will be carried out with increasing force", Medvedev said. US President Donald Trump on Monday announced a toughened stance against Russia, promising a fresh wave of missiles and other weaponry, including Patriot missile defence systems capable of destroying Russian ballistic missiles. He also gave Russia 50 days to sign up to a ceasefire or face new sanctions.
