The home's exterior may give the impression that only a simple renovation is required.
However, once inside, the interiors at 181 Denison Road, Dulwich Hill, reveal a major revamp is necessary with holes in the floor and peeling walls.
The three-bedroom, one-bathroom home may appeal to buyers with its prime position in up-and-coming Dulwich Hill, with eateries, bars and restaurants just a short stroll away.
On the books of William Pereira and Danil Saveliev of Adrian William, the fixer-upper is headed to auction on Saturday February 10 with a price guide of $1.4 million.
Agents Pereira and Saveliev reveal on the listing that the home has "damaged areas", but focus on its positive points such as its "enviable position" and dream home potential.
Dulwich Hill is a laidback suburb just 7.5km southwest of Sydney's CBD and is fast becoming an on-trend locale with its multicultural eateries, bookstores and bars.
Domain's latest data reveals the house price median for Dulwich Hill is $1,917,500. This highlights an increase of 3.1 per cent year-on-year and an increase of 32.2 per cent over a five-year period.
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Behind the home's humble brick exterior lies a generous floorplan, that while with its faults, could be transformed into a dream home.
The agents suggest on the listing that it has the potential to become an "architectural masterpiece" with its "exceptional canvas".
Listing photos reveal gaps in the floors of some rooms, cracked walls and peeling paint. However, with a toolbelt and sheer determination, a stunning makeover is possible.
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There are also two sheds and a rear backyard that could be transformed into a lush garden oasis.
An auction has been scheduled for 12pm on Saturday February 10.
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