Lavish $10million Cronulla mansion offered as the ill-fated prize of Roxy Jacenko’s failed giveaway is put back on the market

The luxurious Cronulla mansion at the heart of Roxy Jacenko’s failed $10 million house lottery has been put up for sale.

The 44-year-old PR mogul teamed up with businessmen Youssef Tleis and Kassim Alaouie on her online course Brand Bootcamp for entrepreneurs. Together, they launched a promotion that gave new customers the chance to win three amazing prizes.

The prizes included the $10 million waterfront home in Cronulla owned by Mr Tleis and Mr Alaouie, as well as a Birkin bag and a Rolex watch. The draw for the competition was due to take place in June but was later cancelled.

Now Mr Theis has reportedly confirmed that Confidential that the stunning four-bedroom waterfront home is back on the market.

The multi-million dollar property has been listed for sale by agent Michael Luck of Ausrealty Sylvania as part of an expressions of interest campaign.

Although no price has yet been announced, the massive mansion was recently estimated to be worth as much as $10 million.

Co-owners Tleis and Alaouie had initially put the four-bedroom property up for auction in 2023, but withdrew the auction after failing to find a buyer.

Following the controversial lottery failure, Roxy reportedly issued $76,000 in refunds to disgruntled entrants earlier this year.

The PR mogul teamed up with businessmen Youssef Tleis and Kassim Alaouie on her online business course Brand Bootcamp, and they offered clients the chance to win prizes including the lavish mansion (pictured)

Roxy had previously announced on Instagram that she was leaving the joint venture after discovering a ‘shortfall’ in the prize fund, insisting she would refund clients out of her own pocket.

“I stand by my offer to refund clients and as a result $684,000 of my own personal money remains in my lawyer’s trust account,” she told Ny Breaking Australia at the time.

She subsequently refunded $76,019 to participants in the aborted giveaway, just over 10 percent of the money she claimed to have set aside for the refunds. The Daily Telegraph reported in June.

In total, 7,489 people paid between $29 and $499 to enroll in the boot camp, but it’s estimated that about 90 percent of participants were left with money after refunds.

Only participants who submitted a refund request within a seven-day period, from June 9th to June 15th, were eligible for a refund from Roxy.

After receiving criticism for the short refund period, Roxy responded fiercely to critics on social media, claiming that she was under no obligation to offer the refund.

“I am now processing refunds from my personal bank account. As you know, I went into partnership with two other people, which was a terrible f**king failure,” she began.

After the promotion venture had to be halted, Mr Theis has reportedly confirmed to Confidential that the stunning four-bedroom waterfront home is back on the market

The multi-million dollar property has been listed for sale by agent Michael Luck at Ausrealty Sylvania as part of an expressions of interest campaign

While no price has been mentioned, the massive mansion (pictured) was recently valued at a staggering $10 million

“If you’re an honorable person, you put your hand in your pocket and give people money back, which I’m going to do starting this week. Money back remains open until today.”

“One thing about the refund period: you don’t go to Woolworths and buy Nutri-Grain and then after three months say they have to take it back and exchange it or give you a full refund,” she added.

“A seven-day window is not an unusual offer, it’s not even something I had to do. I chose to reimburse those who applied out of my own pocket.”

Roxy is said to have insisted that the $76,000 repayments be returned by liquidators after Roxy Bootcamp was ordered to be liquidated earlier this year.

Her lawyers have also reportedly informed her former business partners that she plans to keep the Birkin bag and Rolex watch they purchased as part of her investment in the giveaway.

After the failed venture, the Supreme Court of New South Wales appointed liquidators for the company. Roxy stepped down as a director in May.

Roxy originally sought the appointment of provisional liquidators over allegations that Mr Tleis and Mr Alaouie had engaged in “misleading conduct” during the promotion, in part because of a sub-clause that stated that the prizes would only be awarded if the competition generated more than $11.5 million in revenue.

Roxy never made the terms public amid a storm of publicity and the clause was also missing from the formal terms and conditions of the competition on Roxy’s Bootcamp website.

Co-owners Mr Tleis and Mr Alaouie (pictured with Roxy) initially put the four-bedroom property up for auction in 2023, but later withdrew the listing when they were unable to find a buyer.

In another update to the much-discussed story, it was reported that High Court Judge Anthony McGrath had denied Roxy’s request to have her legal costs paid.

“I do not consider that Mr Tleis conducted the proceedings unreasonably in opposing the application for a provisional liquidator on the grounds that it might damage the reputation of the company and Tleis Investments,” Judge McGrath said.

‘The fact that Mr Tleis opposed the appointment of provisional liquidators and subsequently gave his consent does not justify the finding that their conduct was unreasonable.’

Mr Tleis and Mr Alaouie previously argued that the promotion should go ahead with a $250,000 cash prize, a Birkin handbag and a Rolex watch, because the $11.5 million minimum for the house giveaway was not met.

While Roxy expressed regret for embarking on the business venture, Messrs Tleis and Alaouie also apologized on social media for the failed contest.