‘As cheap as you can get’: ‘Unliveable’ inner west terrace sells for $1,025,000
A dilapidated terrace house in the inner west has sold for over $1 million to a young buyer who plans to restore the property once home to a large family
An unliveable terrace house in the inner west sold on Friday night for a total of $1,025,000. The property, which measures only three metres in width, was described by real estate observers as being as cheap as you can get for a home in that specific region. The sale price reflects the entry-level nature of the property within the current market for the inner west area.[1][2][3]
The terrace was acquired by a young man who has plans to renovate the dilapidated structure and bring it back to a liveable condition. Although the property is currently in a state of disrepair, it has a history of high occupancy; it was previously home to a family of six people, two dogs, and several chickens, demonstrating the property's past utility despite its narrow dimensions.[1][2][3]
