The real estate agent labelled it as a win-win for the landlord and the tenant. 9News
The fibro home on David Street in Greenacre has three bedrooms and two bathrooms but is in urgent need of repair, with the landlord promising to offset spending.READ MORE:Chehade described the property as uninhabitable in the listing because the walls need painting, the timber floods need sanding and rooms needed to be gyprocked again.He said it would be a win-win for the landlord and the tenant.
"The property has been in the family for over 50 years.Chehade said tenants would need to have a trade license to be successful and many qualified applicants had already enquired."There is a demand for rental properties, there is not enough rental properties in the market at the moment and there is an opportunity for this one."According to Canstar Blue the average minimum cost to renovate a home this size is $42,500.
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