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Take a look inside the 'uninhabitable' house without a toilet or power that just sold for $3.5 million in Australia, as global property markets boom
Take a look inside the 'uninhabitable' house without a toilet or power that just sold for $3.5 million in Australia, as global property markets boom
Anna CoobanJul 2, 2021, 18:51 IST
The property listing says that it is located close to a shopping district and several schools.NG Farah Real Estate
A Sydney home lacking flooring, a toilet, kitchen, and power sold for $3.5 million, Bloomberg first reported.
The property received 30,000 enquiries globally in a wild property market, which stunned the selling agent.
The property listing says that "behind its charming façade" it has "uninhabitable interiors." Take a look inside.
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This "uninhabitable" four bedroom house in a Sydney suburb sold for $3.5 million (4.7 million Australian dollars), despite not having a toilet, kitchen, flooring, or power, selling agent Joe Recep told Bloomberg.
This property sold for $3.5 million in June despite not having a toilet, kitchen, or power.
NG Farah Real Estate
The 556.4 square-meter home has four bedrooms and three bathrooms, and is described as a "neglected period home" with "uninhabitable interiors" in its listing.
The 556.4 square-meter property is described as having "uninhabitable interiors" in its listing.
NG Farah Real Estate
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The property received 30,000 enquiries in four weeks from all over the world, including buyers in the United States, United Arab Emirates, and New Zealand, Recep told Bloomberg.
The property listing says that it is located close to a shopping district and several schools.
NG Farah Real Estate
The property's listing describes it as an "extremely rare opportunity with big potential," and the new owners can restore it to its "former grandeur."
The four bedroom property received 30,000 offers of interest globally, selling agent Joe Recep said.
NG Farah Real Estate
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Recep told Bloomberg that he'd been in real estate for 25 years and had "seen nothing like" the surge in interest for the dilapidated property.
The house has three bathrooms and off-street parking space for up to three cars.
NG Farah Real Estate
The listing says the property is located on a "quiet street framed by a beautiful tree canopy" and has off-street parking space for up to three cars.
The average Australian house price rose 8.3% in the year to March, data from real estate agency Knight Frank showed.
NG Farah Real Estate