Auction of dilapidated Darlinghurst terrace: Video
Buyers always love a dump, so a dilapidated Darlinghurst terrace has seen potential buyers carefully streaming over its slightly perilous wooden floorboards over the past few weeks.
The home was listed with $1.75 million hopes through James Peach at Ray White TaylorJones for weekend auction.
Property Observer set up a video of the auction below.
It sold at $1,885,000.
The four bedroom, one bathroom house located at 141 Womerah Avenue dates back to the 1890s.
It features an original floorplan spanning two levels on the 108 sq m block.
It last sold in 1955 when machinist Humbert Teuma paid £3,150.
The listing agent James Peach suggested that $500,000 plus would be needed to bring the terrace up to scratch.
Joel Robinson
Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.
