'Belly button' found on NSW beach confirmed to belong to missing man

Human remains that washed up last week during the search for accused Sydney fraudster Melissa Caddick has been revealed to belong to an unnamed man.

A member of the public found the remains, believed to be stomach flesh including a belly button, at 6:30pm on February 26 at a beach in Mollymook.

NSW Police confirmed on Wednesday the remains do not belong to Ms Caddick, but an unnamed man, 37, last seen on February 1.

The man was last caught on footage at an ATM in Kiama around 1:30pm.

NSW Police confirmed on Wednesday the remains do not belong to Ms Caddick, but an unnamed man, 37, last seen on February 1. Source: Supplied

His death is not being treated as suspicious and police are investigating his final moments.

Remains found at two other south coast beaches have also been confirmed to be animal.

So far police have only found Ms Caddick's badly decayed foot, which washed up south of Tathra on February 21.

NSW Police Assistant Commissioner Mick Willing last week told reporters foul play against Ms Caddick was possible but suicide was more likely.

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Police continue to search for Melissa Caddick

Police divers will again attempt to search for the remains of Ms Caddick in waters just metres from her home in Sydney's eastern suburbs.

Officers assessed the conditions off Dover Heights on Wednesday, but determined it was too rough to safely enter the water.

Divers will return on Thursday to assess conditions again.

A member of the public found the remains, believed to be stomach flesh including a bellybutton, at 6:30pm on February 26 at a beach in Mollymook. Source: Getty (Getty Images)

The area to be searched is just a couple hundred metres from the Wallangra Road home where the alleged fraudster was last seen alive.

Ms Caddick vanished the day after corporate watchdog ASIC executed a search warrant at her luxury Dover Heights home on November 11.

Liquidators say the 49-year-old mother "meticulously and systematically" deceived those who entrusted millions of investment dollars to her over seven years, then used the money to fund her lavish lifestyle.

with AAP

Readers seeking support and information about suicide prevention can contact Beyond Blue on 1300 22 4636, Lifeline on 13 11 14 or Suicide Call Back Service on 1300 659 467.

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