Which properties crash? Rundown house full of graffiti is $ 1 MILLION

Which properties crash? Rundown house full of graffiti and only 3.7 meters wide is set to collect $ 1 MILLION at an auction

  • The small, dilapidated and graffiti-ridden house in Melbourne is estimated at more than a million dollars
  • In addition to the high price tag, the new owner also has to pay money for repairs and renovations
  • The Fitzroy accommodation was originally built at the end of the 19th century and is close to the surrounding shops and the tram

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It is small in size, dilapidated and strewn with graffiti, but this 3.7 meter wide Melbourne house still has a hefty price tag.

The eroded city center, located on 88 Rae Street in Fitzroy, was once a milk bar and is much smaller than the other houses on the same street.

But it bears a dazzling price tag and it is expected to raise nearly $ 1 million from an auction.

It is small in size, dilapidated and strewn with graffiti, but the 3.4 meter wide house in Melbourne still has a lucrative price tag

It is small in size, dilapidated and strewn with graffiti, but the 3.4 meter wide house in Melbourne still has a lucrative price tag

The estimated value for the expired house is just over $ 930,000.

But on top of those hefty expenses, the new owner will also need extra money to spend on repairs and renovations.

& # 39; It needs a new kitchen and bathroom and everyone who buys it wants to do some great work & # 39 ;, director Moss Estate Agents, Tom Moss, told realestate.com.au.

The inner-city house in Fitzroy consists of just two bedrooms, one & # 39; formal & # 39; lounge, & # 39; extra living space & # 39; and a garden at the back

The inner-city house in Fitzroy consists of just two bedrooms, one & # 39; formal & # 39; lounge, & # 39; extra living space & # 39; and a garden at the back

The inner-city house in Fitzroy consists of just two bedrooms, one & # 39; formal & # 39; lounge, & # 39; extra living space & # 39; and a garden at the back

Mr Moss's website, mossea.com, claims that the position of the home and & # 39; potential & # 39; is perfect.

& # 39; Just a … fast tram ride to Melbourne CBD makes this location a true cosmopolitan inner city, & # 39; says the website.

The downtown house consists of just two bedrooms, one & # 39; formal & # 39; lounge, & # 39; extra living space & # 39; and a garden at the back.

The property was originally built in the late 1800s and can only be inspected by appointment.

The downtown house consists of just two bedrooms, one & # 39; formal & # 39; lounge, & # 39; extra living space & # 39; and finally a garden at the back

The downtown house consists of just two bedrooms, one & # 39; formal & # 39; lounge, & # 39; extra living space & # 39; and finally a garden at the back

The downtown house consists of just two bedrooms, one & # 39; formal & # 39; lounge, & # 39; extra living space & # 39; and finally a garden at the back

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