{"id":42807,"date":"2023-04-12T10:35:13","date_gmt":"2023-04-11T22:35:13","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=42807"},"modified":"2023-04-12T10:35:13","modified_gmt":"2023-04-11T22:35:13","slug":"sydney-house-narrower-than-car-park-sells-for-1-3-million","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/sydney-house-narrower-than-car-park-sells-for-1-3-million\/","title":{"rendered":"Sydney house narrower than car park sells for $1.3 million"},"content":{"rendered":"

PHOTO: 5 Avon Street, Glebe\u00a0<\/strong><\/p>\n

A two-bedroom, one-bathroom house in inner Sydney<\/a> has sold for $1.3 million\u00a0at auction. The only catch? It\u2019s 44 square metres and narrower than a parking spot.<\/p>\n

\"Northern<\/a><\/div>\n
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The Sydney suburbs where home owners never want to leave<\/a><\/h2>\n<\/header>\n<\/div>\n

Located at 5 Avon Street, Glebe, the house is thought to be the smallest (and probably the skinniest) property in the inner-west suburb.<\/p>\n

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\"Sydney<\/div>\n<\/div>\n<\/div>\n
A Sydney house has sold for $1.3 million, despite being narrower than a parking space.\u00a0(Source: Australian Financial Review)<\/strong><\/em><\/div>\n

\u201cThis house is narrower than a parking spot. There were people who came to see it who said they literally wouldn\u2019t be able to fit into the house,\u201d listing agent Renae Dickey of BresicWhitney Inner West told\u00a0The Australian Financial Review<\/ins><\/em><\/a>.<\/p>\n

\"Karl<\/a><\/div>\n
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Stefanovic\u2019s Sydney home demolished for luxury upgrade<\/a><\/h2>\n<\/header>\n<\/div>\n

\u201cWhen walking in, a lot of people \u2013 tall people \u2013 put their arms out to the side and could touch wall to wall.<\/em>\u201d<\/p>\n

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The Glebe house is just 44 square metres.\u00a0(Source: BresicWhitney)<\/strong><\/em><\/figcaption><\/figure>\n
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The house has two storeys, with a staircase located in the middle of the kitchen.\u00a0(Source: BresicWhitney)<\/strong><\/em><\/figcaption><\/figure>\n

About 100 groups came through the property over the two weeks it was on the market, Dickey said, and they initially expected to fetch between $1 million and $1.25 million.<\/p>\n

\"Sydney<\/a><\/div>\n
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\u201cThe crowd would arrive and realise how small it was. It wasn\u2019t for everyone. It completely went against the trend of most people wanting more space and working from home,\u201d she said.<\/p>\n

The tiny property\u2019s \u201cwow factor\u201d is what helped it sell, Dickey said, with the upstairs bedroom offering incredible views of the city.<\/p>\n

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The property includes two-bedrooms and one-bathroom.\u00a0(Source: BresicWhitney)<\/strong><\/em><\/figcaption><\/figure>\n
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The upstairs bedroom offers city views.\u00a0(Source: BresicWhitney)<\/strong><\/em><\/figcaption><\/figure>\n

Skinny properties fetch a premium<\/h2>\n

Despite the tight squeeze, it\u2019s not the only skinny Sydney property that has sold for a premium in recent times.<\/p>\n

\"Krissy<\/a><\/div>\n
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Housewives of Sydney star settles on $26.8m new home<\/a><\/h2>\n<\/header>\n<\/div>\n

Last month, a\u00a05-metre-wide home in Manly<\/ins>\u00a0sold for a whopping $10.5 million at auction – $4.5 million above its reserve price. The three-bedroom home stood out to buyers because of its location, offering panoramic views over Little Manly Beach.<\/p>\n

In 2021, a 6-metre-wide home in Darling Point sold for $15.5 million. The four-storey home also offered incredible views, overlooking Sydney Harbour.<\/p>\n

READ MORE VIA YAHOO<\/a><\/p>\n

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