'Nude artist' Dina Broadhurst's money woes exposed after she sells her lavish apartment with ex Max Shepherd
Dina, 48, originally listed the property she shared with her ex Max Shepherd for $11.5million, but only sold it for $8million after slashing the price to $8.4 million.
Now it's been revealed the pair took out two mortgages and a personal loan just to fund the renovation of the home.
According to realestate.com.au., Dina and Max, 32, originally financed the renovation project with a standard NAB mortgage.
Max also took out a $260,000 loan with veteran Sydney businessman Basil Sellers in 2022, with the amount owing at $358,000 just last month.
From A-list scandals and red carpet mishaps to exclusive pictures and viral moments, subscribe to the DailyMail's new showbiz newsletter to stay in the loop.
The home, which sold last month during undisclosed pre-auction negotiations, then underwent a 'Cinderella transformation' by designer Josh Knight from Glebe.
'No expense was spared to deliver a home of high-end luxury showcasing bespoke design by Studiojos,' its marketing advised.
Dina and Max then split in mid-2023 after more than four years together, with the duo securing a second mortgage on the house the following year.
NSW Land Registry documents indicate they received second mortgage funding of $500,000 from Greg Reed's Benchmark Property Finance in April 2024.
It was obtained at 24 per cent for nine months for a total of 70 per cent loan-to-value ratio (LVR) - the percentage of a property's value which is borrowed as a loan.
The amount had skyrocketed to $1.16million by September, with the funding agreement stating the property had to be listed for sale within five months.
In February, Dina and Max had the loan extended to August.
When Daily Mail Australia reached out to Dina for comment on Wednesday, she said: 'Despite reducing the price to meet the market the property sold for more than the cost of acquiring it and renovating. Both Max and I were very happy with the result and we are both excited to move on to new ventures.'
The Etham Ave garden apartment was originally meant to be sold at auction in December for double the $5.2million they first paid in 2022.
The listing was soon pulled amid insider predictions the price tag would fall.
Around the same time, the exes were seen reuniting to sunbathe at Kutti Beach, where Dina went topless, while working together to find a buyer for the property.
Dina exclusively claimed to Daily Mail Australia in January she made the move to yank the listing because she was not sure she wanted to part with it.
'The property has been pulled for a few months as I am considering retaining the property for myself,' she said.
'I'm doing a trial living here over the summer until I work out if I will keep it or buy overseas next year instead.
'The property has had ample interest and a decision will be made shortly as to whether we proceed with the sale or not.'
Dina pulled the newly renovated pad from the market just two months after it was listed, and one month before it was set to go to auction.
However, the socialite made headlines when she dramatically slashed the listing price by $3.1million this year.
The three-bedroom, two-bathroom apartment was set to go to auction in June with a price guide of $8.4million.
However, it reportedly sold for $8million in pre-auction negotiations just hours before it was set to go under the hammer.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Telegraph
an hour ago
- Telegraph
Why you can now find a bargain in London's family home hotspots
The market for the capital's most expensive homes has taken a battering in recent years. House prices have been falling consistently for more than two years, dropping almost 4pc in the past year alone, according to Savills. In some areas, this has been far more extreme. In St John's Wood, Regent's Park and Primrose Hill, highly affluent areas historically frequented by artists and celebrities, prices have plummeted 14.2pc in the past year, according to LonRes. North Kensington recorded a drop of 8pc over the same period. Properties are not selling, so house prices are being slashed. In central London's WC postcode, 18.6pc of home on the market have had their prices cut, according to property portal Zoopla. The capital's SW, EC, SE and W postcodes also feature in the top 10. Of homes in central London valued at between £1m and £10m that sold in the first three months of the year, 82pc went for less than the asking price, according to data from Coutts. It said that the level of discounting is at a five-year high. Across prime central London, values were 21.2pc lower in the first quarter of 2025 than in the peak in 2014, according to estate agent Savills. That marks a 42pc drop in real terms. The Government's hostile policies towards wealth, combined with high interest rates, uncertainty and sky-high stamp duty have pushed many of the capital's wealthy, and largely international, residents to sell up. But this has created a 'unique opportunity' to find bargains, estate agents say, and many British families are taking advantage. 'It's not all about non-doms' An exodus of millionaires due to the Government's scrapping of the non-dom policy is the driving factor behind the slump. The UK is expected to lose more millionaires than any other country this year, according to advisory firm Henley & Partners, which predicted that a net 16,500 millionaires will leave Britain in 2025, up from 10,800 last year. 'I'm on the shop floor, and I speak to buyers and sellers – they are leaving. That's a fact, there's no getting past it,' explains Stuart Bailey, who looks after the prime central London market for estate agent Knight Frank. But there are others who have also felt forced into selling up, he adds. 'It's not all about non-doms – that's an eye-catching headline term. 'There are wealthy entrepreneurial self-made Britons, who employ a lot of people here and own property, there are Americans who come here, and the 90-dayers too [who avoid paying tax in the UK if they spend less than 90 days here in a tax year]. 'There's a perception of successive UK governments – not just this one – as being anti-wealth, and that has a big impact on sentiment. If one person leaves and speaks to their friends, they then decide that if their mates are going, they might go too. It feeds itself.' 'This is a unique opportunity' The exodus of ultra-wealthy, more international buyers from the market is spurring other buyers into action. Many are British, explains Keith Rigby of estate agent Rigby and Marchant. 'At the moment there are more domestic buyers than overseas buyers… [British families] have the same anxieties and concerns as our international buyers, but they have different needs. They have ties to the schools here, and can't just up sticks and move to Dubai or Milan.' Christian Lock-Necrews, of estate agent Winkworth's Knightsbridge branch, adds: 'It's more domestically led now. People feel like they don't need to be international billionaires to be able to compete. The market works again for British buyers, who have been the predominant [demographic] recently.' British families prefer buying in areas that are still 'prime', but which are less central, adds Rigby. '[Areas such as] Shepherd's Bush, Chiswick and Queen's Park have continued to do well with domestic buyers, because prices there did not rise as quickly as the prime areas did between 2012 and 2016.' In areas generally frequented by international residents, there is a glut of properties for sale, explains Charlie Ellingworth, of Property Vision, a buying agency. 'In Chester Square [in Belgravia], for instance, there are more than 20 houses on the market... Montpelier Square [in Knightsbridge], with Harrods as the local grocer, has nine houses on the open market and at least another three who could be persuaded. 'The 'international' market of central London is, at best, treading water and the areas further out – essentially 'domestic' – are trading quite strongly.' Lock-Necrews believes that prices are now at their lowest. 'If you're buying now, I think this is likely to be the bottom,' he says. 'For me, [the prime central London market] has found its baseline. Those transactions are starting to take place again, people are spending. But it'll only be possible to tell when looking back in the rear-view mirror. From what I can see, this is a unique opportunity, and the people buying now will get the best of it.' Bailey adds: 'There are people who have moved to Dubai, and they don't like it – I suspect that in due course, many intend or wish to come back. They're not necessarily happier there, but they feel forced out.'
Daily Mail
an hour ago
- Daily Mail
Major trucking company collapses after 35 years in business leaving furious customers in limbo: 'This is a disaster'
Two hundred jobs are set to be axed as a major trucking company that had been in business for more than three-decades goes bust. Transport and logistic company XL Express had operated along the east coast, delivering freight and packages between Sydney, Melbourne and Brisbane. The company had at one point thrived enough to take on a major co-sponsor role for the Brisbane Lions AFL team that included logo rights on the team's uniform. The business went into voluntary administration last Friday, along with 16 other related companies. FTI Consulting's 'Kelly-Anne Trenfield, Joanne Dunn and Ross Blakely have been appointed as administrators. In a statement, FTI Consulting said that they are conducting an urgent assessment, to consider the continued viability of XL Express. 'Where services are unable to be fulfilled, arrangements are being made for customers to collect their goods held in XL Express Group distribution centres,' it said. The closure has sent shockwaves across a number of industries that the company did business with as concerns grow over shipping orders going unfulfilled. Speaking to Daily Mail Australia, an insider in the publishing industry said it would impact their business. 'This is a disaster. We have outstanding customer orders, and now they're stuck in limbo.' they said. XL's demise follows just weeks after the collapse of another truck company Don Watson Transport. After running for more than 77 years, that company ceased operating in June. The trucking industry has been under pressure in recent years as global tensions cause an increase in fuel prices, which is combinging with labour shortages and increased government regulation. Scott's Refrigerated Logistics also collapsed in 2023, as did by Austrans Container Services in 2024. Managing Partner of WA Insolvency Solutions, Jimmy Trpcevski, said he's seen an increase in insolvency appointments and inquiries from transport operators. 'Businesses are being squeezed from every direction, whether that's rising costs, labour shortages, or compliance pressures. Margins are incredibly thin.' Don Watson Transport covered an estimated 22million kilometres per year and operated depots in Sydney, Brisbane, Melbourne, and Wodonga. It also held coldstore facilities in Sydney, Melbourne, and Wodonga. The group's 140 trucks and 170 refrigerated trucks will be sold off, according to Beef Central. Managing director Lyndon Watson confirmed the closure to staff in a memo. 'Due to current economic conditions, the Don Watson Group of companies has made a definite decision to leave the warehousing and road transport industries,' the memo read. 'We understand that this may come as a shock but we have formed the view that is simply no longer possible to continue to operate. 'To be clear, all employees will be impacted by this decision. 'All employees (that are made redundant) will receive all of their entitlements in full in accordance with the terms of relevant legislation and enterprise agreements.' Financial year 2024-2025 was the worst on record for insolvencies, with 14,105 businesses going under, up 26.8 per cent from the last financial year.
Finextra
2 hours ago
- Finextra
Australian crypto exchange Coinstash raises A$4.7 million
Coinstash has raised AU$4.7 million in its latest funding round, marking a key step toward scaling operations in Australia's digital finance sector. 0 This Coinstash funding supports infrastructure and platform development. The round, led by a Brisbane-based family office, will fund Coinstash's continued platform development, team expansion and user acquisition, with a target of onboarding 100,000 additional Australian investors. 'This raise comes at a time when investor confidence in digital assets is accelerating, as seen in the growing pipeline of crypto companies preparing for public listings globally,' said Coinstash CEO Ting Wang. 'Locally, we're seeing that same momentum as Australian investors increasingly seek secure, long-term access to digital assets as part of diversified portfolios. This funding allows us to scale the platform to meet that growing demand, while maintaining our core focus on security, compliance and innovation.' The capital injection allows Coinstash to strengthen its platform as institutional appetite and market structures around crypto continue to mature. Recent IPO interest in major global exchanges and companies such as Circle underscores the shift from early-stage speculation to full-scale financial infrastructure, a trend now playing out in Australia. The Coinstash funding round highlights investor confidence in the platform's regulatory approach and crypto services. 'We're building not just for the retail investor of today, but for the future of digital finance in Australia. Crypto is maturing as an asset class, and the future will demand local players have the same scale, governance and transparency expected of companies operating in public markets,' Wang added. Founded in 2017, Coinstash currently serves more than 48,000 users and offers access to Australia's largest range of digital assets, including Bitcoin, Ethereum and 1,000+ cryptocurrencies. The company has invested heavily in compliance and security (including 1:1 asset reserves) as the Australian crypto sector adapts to a tightening regulatory landscape. The company's total capital raised now exceeds AU$8 million, including AU$3.5 million from earlier rounds. The latest raise reflects growing investor appetite for platforms positioned to serve retail and institutional segments as digital assets continue to enter mainstream portfolios. With this momentum, the Coinstash funding positions the exchange to lead Australia's next wave of crypto adoption.
