Posted: 23 November, 2016

Tin Shed In Sydney Lane Sells For $1.69 Million

THIS IS WHY WE CAN’T HAVE NICE THINGS.

Tags: Sydney, property, real, estate

Photo: www.domain.com.au

For anyone who owns or is lookig to buy a house in Sydney you probably already know this... it’s bloody expensive.


But house prices went to a new level after a tin shed in the inner Sydney suburb of Glebe sold for, wait for it, $1.69 million.

Domain.com.au said the property “comprises myriad rooms in an unusual configuration with metal walls, two toilets, two showers and several sinks throughout the space.”

Photo: www.domain.com.au

The corrugated iron warehouse in 14 Reuss Street sold at auction last Saturday after four weeks on the market.

“Tin shed is probably the best way to describe it,” said agent Nicholas Katsikaros, of LJ Hooker Glebe, before the auction.

“You won’t get many properties where you can actually physically knock it down.”

The property has development approval for a three to four bedroom property.

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