Beauty really is in the eye of the beholder and when West Hobart’s ‘worst house in the best street’ went under the hammer on the weekend, about 150 people turned up to take a look.
The West Hobart fixer-upper – or knocker-downer – at 17 William Street went under the hammer on Saturday, but it ultimately came down to six registered bidders – four local buyers and two phone bidders in Victoria.
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Choose your own adventure at this property playground
Devine Property Hobart agent Brad Stephens said bidding for the fixer-upper started at $300,000, with bids quickly approaching $400,000.
He said it was then that the “serious bidders” really piled on the pressure before the hammer fell at $435,000.
“It ended up selling to some first home buyers who want to restore it,” he said.
“They have a lot of work to do but could see its potential.”
The 77sq m weatherboard cottage has a two-bedroom single-bathroom floorplan, with a combined living and dining space, a kitchen and a separate outhouse.
It sits on a 172sq m block less than 1km from the centre of Hobart.
Government records suggest it was built in 1900 but Mr Stephens believes it is even older.
It was owned by an elderly gentleman who passed away a few months ago and was sold on behalf of his estate.
As of this morning, the renovators delight had pulled in more than 23,000 property views and was the most viewed house in Tasmania last week.
Mr Stephens said properties like the West Hobart cottage were always popular, but were a rare find.
He said those types of properties tended to attract builders and DIY-ers.
“With people unable to travel, if they have employment they are looking for a project to spend that disposable income on,” he said.
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