22 Tunks St, Waverton sold for $2.71m.
An uninhabitable wreck on the north shore left vacant for a decade has sold for close to $900,000 above reserve after attracting a whopping 45 bidders.
The Waverton home built in 1902 came with no working bathroom or shower and a patched up ceiling requiring immediate repair.
It was reported the long-time resident, who moved out long ago, cooked his food on a camping stove because the kitchen was unusable.
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Despite the condition, the three-bedroom house on Tunks St sold for $2.71 million at what selling agent Lisa Novak of Novak Properties described as a “fast and furious” auction.
“It was a phenomenal result, everyone was just blown away,” she said.
There was no kitchen in the Waverton house.
She said the home was “untouched since 1902” and needed a lot of tender loving care.
The buyer was a family who had missed out on multiple sales in the area and were adamant not to let the opportunity slip by, Ms Novak said. The buyers will be undertaking a renovation and will move in, she said.
“It’s dilapidated, there is paint peeling everywhere, and no one could live there at the moment … but it was seen as a rare opportunity to get into the area. Tunks St is an amazing location.”
The home was built in 1902.
Ms Novak said there was so much interest in the rundown home that someone from her sales office had to be there everyday to show buyers through. There were more than 100 private viewings, she said.
There were just under 350 auctions scheduled for Sydney this week and another 100 in regional NSW, realestate.com.au data showed.
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Fancy being in lockdown in this home? A house with no kitchen, shower or indoor toilet, along with extensive ceiling damage, has sold at a virtual auction for a multimillion dollar price.
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