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
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
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
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