Dominique Grubisa withdraws caveat on QLD home

Dominique Grubisa

The caveat of bankrupt property spruiker Dominique Grubisa on a $995,000 Trinity Beach, Queensland apartment has been withdrawn.

Her beneficial co-interest, with her sister via a 2005 family trust, did not get a mention on her recent statement of affairs, but her trustee Michael Jones is aware of the 2016 caveat.

The beachfront abode, which is under offer, was bought by an aunt in 2012 for $440,000.

Earlier this month, Grubisa went into voluntary bankruptcy.

Grubisa blamed it on “unemployment, marriage/relationship breakdown, business failure and legal action”.

RELATED: ‘Dishonest’ property spruiker collapses into bankruptcy

The Trinity Beach home Dominique Grubisa has withdrawn her caveat on.

The home sits in this resort.

Her current bank balance is $73, with no assets other than $5000 in jewellery.

Grubisa’s statement of affairs advises she owns no property in NSW, nor car, super, shares, bitcoin or betting account.

Wedgewood Lodge, her former luxury Bobbin Head Rd, North Turramurra trophy home, was sold in 2023 for $5.28m, with Grubisa advising that all the proceeds went to ex-husband Kevin as part of a matrimonial settlement.

She is living rent-free at an undisclosed location, noting it was not with a spouse, parents or other family member.

The director of the DG Institute wealth through property seminar program sought to keep her occupation suppressed in the statement of affairs submitted to trustee Michael Jones.

She advised debts totalling $3.44m, with the Australian Competition and Consumer Commission (ACCC) being owed $1.95m.

MORE: Aussie pub suffers $500m collapse, staff owed $7m

Grubisa recently sold her Turramurra abode for $5.28m.

Last December, the Federal Court of Australia full court dismissed Grubisa’s appeal against the ACCC case that found her DG Institute made false or misleading representations to consumers in the promotion and sale of education programs called Real Estate Rescue (RER) and Master Wealth Control (MWC) between 2017 and 2022.

More than 3000 consumers paid between $4500 and $9200 to enrol.

Grubisa had appealed against the $1m penalty that she was ordered to pay, which was accompanied by being disqualified from managing a corporation for five years.

The court ordered Grubisa to pay the ACCC’s costs.

Her conduct was “deliberate and dishonest”, Federal Court Justice Ian Jackman found in 2024.

MORE: Wild reason Aussie has 300 homes

The post Dominique Grubisa withdraws caveat on QLD home appeared first on realestate.com.au.