A dilapidated western Sydney shack on nearly 2000 sqm of land owned by Endeavour Energy is on the market for $179,000.
The property, located at 291 Mount Irvine Road, Mount Wilson, was purchased by the energy provider Endeavour Energy prior to the 2017 sale of more than half of their ownership rights.
The company had initially purchased the land to install a backup generator on in an attempt to minimise the amount of blackouts in the local area.
Iris Property Kurrajong Heights agent Martin Schoeddert said the struggle for the potential buyer would be what to build on the property and what materials to use.
“Because it is zoned RU2 rural landscape and in a flame zone there are a lot of hoops to jump through and restricted materials you cannot use,” he said.
“It is a property not for the faint hearted but you could build a lovely off-the-grid eco-friendly weekender and come out of it cheap.
“The Valuer General gave a price estimation of around $177,000 and Endeavour Energy cannot sell it for less than that.”
He added the property had been on the market for the past 12 months and he simply would love to get rid of it.
“It’s interesting how much land the company has picked up over the years and there is possibly more coming on in the future along the Great Western Highway but this one is particularly remote,” he said.
“There is a sealed road right to the property – only tricky thing is electricity would have to come from quite some distance away and would cost around $43,000.”