A shell of a home in Sydney's Wiley Park has hit the market for $750,000 and will make a profit despite its state.
The once four-bedroom, two-storey abode was "completely destroyed" after a fire engulfed the home in March, with the agent selling the property as land value only.
Listed by Marc Dissinger of Ralph First Real Estate, the property at 1 Samuel Street is scheduled to go to auction on Saturday July 15. Even in its current state, the property will make a gain due to the increase in land prices. It was last sold for $277,000 in 1999, the Domain Property Profile reveals.
Vision from Fire and Rescue New South Wales, released in March, shows smoke in the upper level.
"Firefighters attacked the intense blaze from all sides and from the air as the roof and a side wall collapsed," the media release says.
There were no occupants in the home at the time and it's understood the fire began in the kitchen before making its way to the roof.
The fire also threatened a nearby school with students and staff safely evacuated.
Agent Dissinger explains in the listingthat the home is "completely destroyed" after the fire.
READ MORE: Buyer does a deal on $50,000 "shell" in outback Broken Hill
However, it's suggested the land – occupying more than 322 square metres in a quiet cul-de-sac – could be an ideal site to "build your dream home".
There are no internal shots of the home on the listingA photo at the rear reveals some of the fire damage.
Wiley Park is a suburb in south-western Sydney, 17km from the CBD.
READ MORE: Queenslander that needs to be 'revived in all aspects' sells for just under $900,000 at auction
Auto news: 2022 Maserati SUV lineup due by the end of the year – drive.com.au
© 2023 Nine Entertainment Co.
Recent Comments