There’s no denying the Owen property at 30 Main Street needs work. Pic: realestate.com.au
There’s no sugar-coating it – this bungalow in rural South Australia needs a lot of work.
It appears tired from the street, while cracked and chipped walls, peeling paint and worn floors set the scene inside.
But would you consider buying the character home as a renovation project for less than $100,000?
The two-bedroom Owen house at 30 Main St is listed for sale with a $94,950 asking price.
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There are glimmers of character features among the cracked walls and worn floors. Pic: realestate.com.au
Some TLC would breathe new life into it. Pic: realestate.com.au
Ray White Gawler Willaston agent Katrina Nelson said househunters weren’t put off by its appearance, with offers rolling in shortly after hitting the market.
“I’ve had three private show throughs and I have the first open booked for Saturday, and I’m expecting to have quite a lot of people through,” she said.
“(I’ve) had a couple of offers come through already.”
Property records show the rundown home, which is on a 1010sqm block, last changed hands in December 2018.
Mrs Nelson said the owners bought the property with the intention of restoring it to its former glory.
It is on the market for less than $100,000. Pic: realestate.com.au
The current owners bought it almost two years ago as a renovation project. Pic: realestate.com.au
The new owners will be in for a big challenge. Pic: realestate.com.au
“They bought it as a renovation project but they’re in their 70s,” she said.
“The lady that lived there before (the current owners) was apparently a hoarder so when they got it they couldn’t even move in.”
Ms Nelson said the owners replaced the roof and the home was in working order with mains power and water, but the work that needed to be done to fix it up was “not for the faint hearted”.
“It is gorgeous but I’m not going to sugar-coat it, it does need work,” she said.
“It just needs the right person to come through and do it up.
“It’s pretty much a blank canvas.”
The post Chance to snap up a renovator in rural South Australia’s Owen for less than $100,000 appeared first on realestate.com.au.