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‘Nude artist’ Dina Broadhurst’s money woes exposed after she sells her lavish apartment with ex Max Shepherd

BBG News

Despite presenting an image of opulence through high-end fashion, luxurious meals, and designer accessories, renowned nude artist Dina Broadhurst has had her financial struggles revealed following the sale of her lavish Darling Point apartment.

Initially, Dina, aged 48, had priced the property she co-owned with Max Shepherd at $11.5 million. However, she ended up selling it for $8 million after reducing the asking price to $8.4 million.

It has come to light that they resorted to securing two mortgages and a personal loan specifically for the purpose of remodeling their residence.

As reported by realestate.com.au, initially, Dina and Max, who are both 32 years old, funded their renovation project using a typical mortgage from National Australia Bank (NAB).

In addition, Max borrowed an amount of $260,000 from well-established Sydney entrepreneur Basil Sellers in the year 2022. As of last month, the outstanding balance on this loan stood at approximately $358,000.

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Last month, a house was sold following confidential pre-auction discussions, and subsequently experienced a remarkable makeover by designer Josh Knight from Glebe – a transformation reminiscent of Cinderella’s.

In this marketing advice, it’s clear that no cost was overlooked in order to create a lavish home featuring unique designs crafted by Studiojos.

In the summer of 2023, Dina and Max parted ways, having been together for over four years. The pair decided to take out a second mortgage on their home the year after that.

The records at the New South Wales Land Registry show that a second mortgage loan amounting to $500,000 was given by Greg Reed’s Benchmark Property Finance in April 2024.

For approximately nine months, the loan amounted to 24% of the property’s value, resulting in a loan-to-value ratio (LVR) of 70%. This means that 70% of the property’s worth was financed through the loan.

By September, the total sum had soared up to $1.16 million. According to the terms of the funding contract, the property needed to be put on the market for sale within a five-month period.

In February, Dina and Max had the loan extended to August. 

When Daily Mail Australia contacted Dina on Wednesday for her thoughts, she replied: ‘Although we lowered the price to match market standards, the property was sold at a price higher than what it cost us to acquire and refurbish. Both Max and I are pleased with this outcome and eagerly anticipate embarking on new endeavors.’

Back in 2022, when I first laid eyes on that garden apartment on Etham Ave and shelled out a cool $5.2 million, little did I know it was destined to be auctioned off at double the price come December! Oh, the agony of being an obsessed fan who missed out on such a gem!

The listing was soon pulled amid insider predictions the price tag would fall. 

Approximately at the same period, the former partners were spotted enjoying some sunbathing at Kutti Beach. Notably, Dina opted to sunbathe without a top, and they both collaborated in their pursuit of a potential property buyer.

In an interview with Daily Mail Australia in January, Dina stated that she removed the listing as she wasn’t certain if she was ready to let go of it.

She mentioned that the property has been off the market temporarily, as she is thinking about keeping it for personal use instead.

Over the summer, I’m testing out life here to see if I’ll continue renting or purchase a property abroad next year instead.

The property has generated considerable attention, and we’ll soon make a call on whether to move forward with the sale or not.

Dina successfully bought the freshly refurbished property from the market a mere two months following its listing, and exactly one month prior to its scheduled auction date.

Yet, it was quite notable when the high-profile figure reduced the asking price significantly by a staggering $3.1 million during this year.

In June, the three-bedroom, two-bathroom apartment was scheduled for an auction, with an estimated selling price of 8.4 million dollars.

Instead, it’s said that the piece was allegedly sold for $8 million in private negotiations mere hours prior to the auction.

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2025-07-02 04:19

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