{"id":45194,"date":"2023-11-03T12:39:50","date_gmt":"2023-11-02T23:39:50","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=45194"},"modified":"2023-11-03T12:39:50","modified_gmt":"2023-11-02T23:39:50","slug":"7-million-for-a-house-in-disrepair-on-the-water-watch","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/7-million-for-a-house-in-disrepair-on-the-water-watch\/","title":{"rendered":"$7 million for a house in \u201cdisrepair\u201d on the water | WATCH"},"content":{"rendered":"<p><strong>PHOTO: 16A Chiswick Street<\/strong><\/p>\n<p>A beloved Chiswick house, which had fallen into a state of disrepair, was recently purchased for over $7 million by a new owner. The sale of this property was tinged with mixed emotions for the owner&#8217;s children, as the house, located by the Parramatta River and constructed by their late father, was sold as part of his deceased estate.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"tekUuezBrr\"><p><a href=\"https:\/\/propertynoise.co.nz\/au\/the-greatest-all-black-ever-is-building-a-mansion\/\">The GREATEST All Black ever is building a mansion<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content lazyload\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cThe GREATEST All Black ever is building a mansion\u201d \u2014 Property News Australia\" data-src=\"https:\/\/propertynoise.co.nz\/au\/the-greatest-all-black-ever-is-building-a-mansion\/embed\/#?secret=PeAy4KiV7i#?secret=tekUuezBrr\" data-secret=\"tekUuezBrr\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-load-mode=\"0\"><\/iframe><\/p>\n<p>The property, situated at 16A Chiswick Street and spanning 898 square meters along the riverfront, was successfully auctioned for $7.21 million on October 28, as reported by Ray White&#8217;s weekly auction update. A crowd of 70 spectators gathered to witness auctioneer Alex Pattaro from Ray White officiate the sale, while the transaction was facilitated by lead agent Mario Carbone from Ray White Drummoyne.<\/p>\n<p><iframe title=\"Just Listed - 16a Chiswick St Chiswick\" width=\"1380\" height=\"776\" data-src=\"https:\/\/www.youtube.com\/embed\/dDJI98t5ikk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"0\"><\/iframe><\/p>\n<p>Carbone noted, &#8220;The property was a deceased estate and had been in the same family for more than 60 years but had fallen into disrepair.&#8221; He added, &#8220;The family is very happy, but of course, it&#8217;s a bittersweet sale as their father had built the house, and it was their family home.&#8221;<\/p>\n<p>Despite its deteriorated state, the 1950s house was described as having &#8220;solid bones&#8221; in the listing. With its generous 898-square-meter plot of land and the added advantage of being situated by the waterside in Australia&#8217;s most expensive capital city, the new owner intends to develop the property. The lower level of the house, on a battle-axe block, is self-contained and boasts five bedrooms.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"lbbPM0jR9R\"><p><a href=\"https:\/\/propertynoise.co.nz\/au\/nrl-finals-stars-making-big-bucks-off-the-field\/\">NRL finals stars making big bucks off the field<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content lazyload\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cNRL finals stars making big bucks off the field\u201d \u2014 Property News Australia\" data-src=\"https:\/\/propertynoise.co.nz\/au\/nrl-finals-stars-making-big-bucks-off-the-field\/embed\/#?secret=ql2TukrVWa#?secret=lbbPM0jR9R\" data-secret=\"lbbPM0jR9R\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-load-mode=\"0\"><\/iframe><\/p>\n<p>The property was promoted for its potential as a dream development project, but it also held cherished memories for the owner&#8217;s family. Photographs obtained by Yahoo Lifestyle showcased the grandeur of this Mediterranean-style mansion, located on one of Sydney&#8217;s most exclusive streets in Vaucluse. Schools, parks, and the ferry wharf are all conveniently within walking distance from the property.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"RK4ypqOOG9\"><p><a href=\"https:\/\/propertynoise.co.nz\/au\/nrl-finals-stars-making-big-bucks-off-the-field\/\">NRL finals stars making big bucks off the field<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content lazyload\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cNRL finals stars making big bucks off the field\u201d \u2014 Property News Australia\" data-src=\"https:\/\/propertynoise.co.nz\/au\/nrl-finals-stars-making-big-bucks-off-the-field\/embed\/#?secret=ql2TukrVWa#?secret=RK4ypqOOG9\" data-secret=\"RK4ypqOOG9\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-load-mode=\"0\"><\/iframe><\/p>\n<p>Due to a low volume of sales, there is no available Domain median house price for Chiswick. This suburb is situated in Sydney&#8217;s inner west, approximately 9 kilometers from the city center.<\/p>\n<p>SOURCE: <a href=\"https:\/\/www.domain.com.au\/news\/property-in-disrepair-on-waterfront-sells-for-the-first-time-for-7-2m-2-1246097\/\">DOMAIN<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: 16A Chiswick Street A beloved Chiswick house, which had<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/7-million-for-a-house-in-disrepair-on-the-water-watch\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":45195,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478128355,478116834,478098668,478128353,478103971,478099195,478128354,478128356,478100856,478105236,478117206,478100906,478108694,478098561,478102303,478098511,478098536,478102289,478098794,478102272],"class_list":["entry","author-data123nz","post-45194","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-898-square-meters","tag-alex-pattaro","tag-auction","tag-chiswick-house","tag-deceased-estate","tag-development","tag-disrepair","tag-exclusive-street","tag-family-home","tag-inner-west","tag-mediterranean-style-mansion","tag-parramatta-river","tag-property-sale","tag-ray-white","tag-ray-white-drummoyne","tag-real-estate","tag-sydney","tag-sydney-property-market","tag-vaucluse","tag-waterfront-property"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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