Proof Australia’s housing market has gone mad: The awkward detail in this photo of a house that sold for $3million
- Roofless house sold for almost $3 million
- Interested buyers cannot set foot in it
A Sydney home that potential buyers couldn’t physically inspect because almost the entire roof was missing has sold for almost $3 million.
The three-bedroom house at 89 Fitzroy St in Sydney’s western suburb of Burwood sold earlier this month for $2,750,000.
This is despite the fact that the roof has almost completely collapsed, with boarded up windows and an overgrown garden.
Interested buyers were told they could not set foot in the home.
A Sydney home that potential buyers couldn’t physically inspect because almost the entire roof was missing has sold for almost $3 million
“Please note that internal inspections are not permitted as the property does not meet health and safety requirements,” the advertisement said.
Instead, the property was advertised as a “land value opportunity in a prime location.”
“Available for the first time in over 60 years and now offering a rare opportunity to buy at land value in one of Burwood’s most sought after streets,” the advert said.
Those with deep pockets, who could overlook the crumbling property, were told to consider the home’s proximity to schools.
‘(The property is) located within easy access to some of the area’s main schools and just 750 meters from Burwood train station, main shopping streets, cafes and restaurants,’ the report said.
The average house price for a three-bedroom home in Burwood is approximately $2.1 million, according to realestate.com.au
Instead, the property was advertised as a ‘land value opportunity in a prime location’