Rundown shack 'screaming for someone to take charge' sells for $860,000

It’s a deceased estate with no street appeal, but the beauty lies in its prime position.

The two-bedroom, one-bathroom shack at 9 High Street in Fishermans Bay, New South Wales, sold at a competitive auction on April 12 for $860,000, and you will understand why in listing photos.

Not only is the property a stone’s throw from the beach, there are incredible water views from the backyard.

Jack Gair and Ben George of Aspect Port Stephens handled the property campaign.

SOLD - $860,000

9 High Street, Fishermans Bay NSW 2316

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As stated on the listing, “multiple genuine and qualified buyers missed out” in securing the hidden blue shack.

Offered to the market for the first time in more than 40 years, agents were honest in the listing about the condition of the property, describing it as “the worst house in the best street”.

Perched high on a parcel of 575-square-metres, the rundown shack is “screaming for someone to take charge” and transform it into “something incredible”.

Listing photos reveal a tired-looking home with a rusted corrugated iron roof, a basic shed and the remains of what used to be a deck or patio.

Interiors are in need of a significant renovation with missing kitchen cabinetry, uneven ceilings, exposed electrical cords and visible scaffolding.

However, agents also stress the “possibilities are endless” for the buyer who is willing to roll up their sleeves and restore its potential.

Fishermans Bay is a small suburb in the Port Stephens area of New South Wales. It’s in close proximity to Anna Bay and Nelson Bay, and is an ideal spot for swimming and kayaking.

There aren’t enough sales over the past 12 months for Domain to obtain a median house price for the area.