Seized SA home sells sight unseen despite $100k repair estimate
Key points
- A dilapidated three-bedroom home at Lock, about 600 kilometres west of Adelaide, sold for $65,500 at a council auction. About 12 bidders competed, although they were not allowed to inspect the property beforehand.
- The successful buyer bidding online is from Victoria, and their plans for the property are unknown. The selling agent, Elaine Seal, estimated repairs could cost up to $100,000 to make the home liveable.
- The home was seized by the council to recover unpaid rates.
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Disclaimer
This is an AI-generated summary based on reporting by realestate.com.au. It may not reflect every detail of the original story exactly. Tap “Continue reading” above for the full, original article.
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