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Holes in the walls and worn floors! Sydney's old house was listed for $10 million and was once the residence of the former prime minister

author:Australian financial news

According to Domain, a property for sale in Sydney is waiting for a modern transformation, although it still retains some of its old-world charm.

In the advertisement, the three-bedroom penthouse at 1/42 Macleay St in Potts Point was advertised as a "blank canvas."

Photographs show that the scaffolding in some of the rooms is exposed, with holes in the walls and damaged floors. However, computer simulations show the potential of the property and development approval has been granted.

Holes in the walls and worn floors! Sydney's old house was listed for $10 million and was once the residence of the former prime minister

(Image source: Domain)

该房源由Sydney Sotheby’s International Realty的Emily Davidson和Maclay Longhurst负责挂牌,指导价为1000万澳元,拍卖定于5月22日周三晚6点半进行。

The 296-square-metre penthouse is located in the Manar building, built in 1881, and is "waiting to be transformed into a sophisticated modern home".

Holes in the walls and worn floors! Sydney's old house was listed for $10 million and was once the residence of the former prime minister

(Image source: Domain)

Originally a Victorian-style one-storey townhouse, it was converted into an apartment building in 1919 and has been home to some of Australians' biggest names, including opera singer Nellie Melba, star agent Harry M. Miller and former Prime Minister Sir Jack McEwan.

Some of the old-time charms of the property remain, such as arched windows, high ceilings, and perfect proportions of space.

Holes in the walls and worn floors! Sydney's old house was listed for $10 million and was once the residence of the former prime minister

(Image source: Domain)

While some rooms appear to be intact, others are in dire need of renovation – worn floors, exposed brick walls, exposed scaffolding and pipes, and holes in the walls.

The main attraction is that buyers can hold entertainment on the spacious terrace with a great view of the harbour to the north.

Known for its nightlife, cafes and restaurants, Potts Point is just 2km from Sydney's CBD.

The property is strategically located within walking distance of shops and restaurants.

The median price for a three-bedroom apartment in Potts Point is $5.25 million, with 13 units sold this year, according to the latest data from Domain.

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