St Clair house 'trashed' by tenants after wild party sells for massive sum

Vacating renters held a bash that destroyed this New South Wales suburban home, but the owner had the last laugh.

The property sold for more than $1.3 million at auction on the weekend, after a clean-up mission by the vendor.

Auctioned by Ray White Diamantidis Group, nine bidders threw their hands in the air to the win the keys to the St Clair property.

SOLD - $1,352,000

17 Rainbow Place, St Clair NSW 2759

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It transacted for $1.352 million to an investor, who will do it up further and flip it. The underbidders may find it back up for grabs, soon.

The address, 44km west of the Sydney CBD, includes a granny flat and sold at speed, requiring only a three-week campaign.

Listing agent Jake Borg said in his agency’s weekend auction report that the seller was also an investor, whose asset was not “taken care of” by the tenants.

“A house with a granny flat and in a corner position is an investor’s dream,” Borg said. “We knew that this home would create enough competition for a huge auction, and that it would attract a lot of investors.

“There were holes in the wall and flooring destroyed; it wasn’t taken care of.

“Right before it was listed, there was a huge party at the home which caused some damage. The investor fixed up the damage and had a full clean done before we put it on the market.”

The deal contributed to the Sydney clearance rate clocking in at 59.5 per cent, according to Domain data.