Salim Mehajer’s property, 555 Lyons Rd West, Canada Bay, has been withdrawn from auction. Photo Jeremy Piper

BANKRUPT property developer Salim Mehajer pulled from sale his family’s Canada Bay investment property, where he wanted to build a mega mansion, a day before yesterday’s scheduled auction.

Neighbour Keith Beale, 93, said Mehajer “thought he was God” with his plans for the site of a rundown 1970s home at 555 Lyons Rd West.

He was surprised to see the words “withdrawn” slapped across the for sale sign.

Its realestate.com.au listing has also been removed.

The rundown property at 555 Lyons Rd West, Canada Bay has been withdrawn from auction. Photo Jeremy Piper

The Mehajer family put the Canada Bay property and the house next door to his palatial Lidcombe home up for sale only days after $200,000 bail was posted to get the disgraced former ­Auburn deputy mayor out of prison as he awaits trial for allegedly staging a car crash to avoid a court appearance.

The properties are believed to be on sale to pay for his bail and debts, which allegedly run into the millions.

Canada Bay Council rejected Mehajer’s plans for the new huge Canada Bay home, which would have had water views.

The price of the 16 Frances St, Lidcombe, next door to Salim Mehajer’s own home, has dropped to $1.5 million.

T he price of the home in Lidcombehas dropped from the original $1.65 million to $1.5 million.

“We’ve had an offer, but it wouldn’t be accepted,” Century 21s Fay Petrou said.

Shops at 84 Auburn Road, Auburn, sold for $2,185,000.

The Mehajer family’s butcher shop and gift shop in Auburn, which suffered about $100,000 fire damage in 2015, sold this week for $2.175 million.

Also this week, the former Auburn deputy mayor took to the stand at his own bankruptcy appeal hearing this week and revealed he wants to borrow up to $82 million for five property developments in Sydney’s west.