Would you spend upwards of $1 million on a house that you can’t even walk through before making an offer?
That’s the situation facing anybody looking to buy 313 Old Canterbury
Road in Sydney’s Dulwich Hill after Marrickville Council forced the house to be sold at auction in attempt to recover more than five years of unpaid rates.
The three-bedroom, one bathroom bungalow sits on 440 square metres and is set to go under the hammer on Thursday, 27 August.
The house being sold with no inspections allowed. Picture via.
According to Fairfax Media, the house is expected to attract bids of up to $1.2 million.
Had the council forced the current occupant to allow inspections of the property that price could’ve have been significantly higher.
A spokeswoman from the council told Fairfax Media it had decided against that as they “did not want to add more stress to what is already a stressful situation.”
The property last sold in 2000 for $388,000.
Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker
Top Suburbs :
st kilda west
Get help financing your investment
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.
We value your privacy and treat all your information seriously - you can check out