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Keep kids away from this dilapidated $850k Melbourne house for sale

Keep kids away from inspections of this Melbourne home. (Source: Realestate.com.au)
Keep kids away from inspections of this Melbourne home. (Source: Realestate.com.au)

We’ve seen some houses badly in need of a fix-up hit the market for sale – but rarely have we ever seen one so bad that parents are advised to keep their children away.

But that’s exactly what the house’s property agents are saying about this house at 97 St Vincent Street in Melbourne, ironically nestled between St Vincent Place and Albert Park, two areas that have previously been named Melbourne’s best streets.

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“Please note the house is not livable [sic] and due to the dilapidated state of the home we recommend children do not attend the inspection,” the realestate.com.au listing reads.

Images from the listing show the front of the house in very poor condition, with missing bricks from the front ledge and a roof that appears to be partially missing.

(Source: Realestate.com.au)
(Source: Realestate.com.au)

The house features two bedrooms, a small living room and a snug kitchen and dining room, with one bathroom.

(Source: Realestate.com.au)
(Source: Realestate.com.au)

But it’s clear it needs to be knocked down and rebuilt from scratch.

“Create your dream with a derelict house in one of the best streets in Albert Park,” the listing states.

“A blank canvas awaits the enthusiastic renovator or builder who wants to work with the existing free standing home or explore the possibility of a total re-build.”

Even though the house is falling apart, it’s still expected to fetch between $800,000 and $850,000.

Inspection times are every Wednesday 12pm to 12:30pm and Saturday 9:30am to 10am until the auction on Saturday 21 September at 1pm.

But don’t forget – don’t bring your kids along.

Yahoo Finance’s All Markets Summit is on the 26th of September 2019 at the Shangri-La, Sydney. Check out the full line-up of speakers and agenda for this groundbreaking event here and buy tickets here.

The inaugural Yahoo Finance All Markets Summit will launch on September 26 in Sydney's Shangri-La.
The inaugural Yahoo Finance All Markets Summit will launch on September 26 in Sydney's Shangri-La.