Fiona Killman, Real Estate Reporter
Updated 12 Jul 2023, 3:12pm
First published 12 Jul 2023, 2:27pm
A fire-ravaged duplex in southwestern Sydney is up for sale.
A fire-ravaged Sydney duplex missing part of its roof is up for sale.
The property, at 32 Groote Ave in Hinchinbrook, has hit the market in its damaged state making it too dangerous for open homes.
Agent Luke Rose, from Prudential Real Estate, said a faulty electrical appliance caused the fire which broke out on the left side of the duplex in February while its renters were away on holidays.
MORE: Retail worker has 7 homes, $200k in super
“The fire destroyed the left side – downstairs is completely gutted,” he said.
The left side of the duplex was completely gutted by fire in February.
MORE
Roosters star’s ‘astronomical’ price for home
Embattled Central Coast area emerges as luxe haven
“It happened in the middle of the night. No one was hurt thankfully, the people living on the right side were woken by the sounds and got out safely.”
While the images of the duplex show one side gutted and the other looking relatively untouched, Mr Rose said the shared wall between the homes had sustained damage making the building unsafe.
The owner of the duplex, which is on a 825 sqm block, had been using it as an investment after buying it back in 1991. He has decided to move on since the fire.
Mr Rose said the sale would likely be based on land value, with similar sized blocks in the area selling for around $950,000.
Aerial shot shows the extent of the damage.
The block is on 825 sqm in a sought-after location in Hinchinbrook.
“It’s definitely one of the more unique places I’ve sold,” he said.
“I’ve already been getting calls with people gauging how much work is needed. It’s too dangerous to run open homes but we can show people the block.”
He said the property would be ideal for another duplex and suit developers or owner-occupiers wanting to rebuild.
“Perfect for developers, this exceptional land offers ample space for a knock-down rebuild or a top-notch duplex development. A gem within the community, this property promises endless potential and fruitful rewards,” the listing states.
Mr Rose said the neighbourhood was popular with lack of stock seeing properties selling quickly.
The home is close to local primary and high schools and easily accessible to Liverpool Hospital, Green Valley Plaza and Carnes Hill Marketplace.
Buying
Selling
Disclaimer: The information published in this section is of a general nature only and does not consider your personal objectives, financial situation or particular needs. Where indicated, third parties have written and supplied the content and we are not responsible for it. We make no warranty as to the accuracy, completeness or reliability of the information, nor do we accept any liability or responsibility arising in any way from omissions or errors contained in the content. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. We strongly recommend that you obtain independent advice before you act on the content.
Personalised advertising: We show you more relevant advertising based on your activity. Prefer us not to? Opt Out of personalisation
realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) © REA Group Ltd.
02 8005 6525
info@aktengineering.com.au
Recent Comments