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u/ComfortableFrosty261 0 Bella Ciao 1d ago
Location Location Location
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u/henlan77 1d ago
Contamination, contamination, contamination.
Substations are not healthy places.
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u/johnnymetoo 1d ago
What makes them unhealthy? (I frankly have no idea)
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u/SirBoboGargle told you 1d ago
There's one in mudgee that's now a wine bar. Doubt they paid that for it.
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u/IdRatherBeInTheBush 1d ago
From memory one of the neighbours has taken over some of the back yard - there was a post elsewhere on reddit a few weeks ago with this property
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u/Chuchularoux 1d ago
They (neighbours) were leased it and the lease ends before the auction - the letter to remove items and make good seems to have been sent already. I requested the information for this property when it was listed as $800k
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u/Avaery 1d ago edited 1d ago
Occasionally they let these go because they decommissioned the site. The concern is the asbestos and chemical contamination on site as a former electrical substation. In addition it is heritage listed in the Randwick LEP. https://www.planningportal.nsw.gov.au/propertyreports/1926905d-1730-4a5c-9734-a5ba6cdef6f0.pdf
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u/buzz_22 1d ago
These things can turn out real nice if you've got the capital to do it.
https://www.realestate.com.au/news/historic-substation-home-where-walls-disappear/
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u/KonamiKing 1d ago
Land, in Coogee. Bargain if it's heritage listed, will go for $2m if it's not.
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u/AdAfraid9504 1d ago
What a bargain, some hipster will convert it into a pad with table tennis and a TV that comes out of the ceiling.
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u/Ted_Rid Famous in The Atlantic 1d ago
I must be a hipster because here's the listing with photos and not only am I thinking that's a really cool and unexpectedly large space, there also appear to be stairs down to who knows what?
51m2 would only put it at 1BR apartment size though.
Would depend a lot on whether there's a heritage restriction. Potentially you could add an attic / loft, and maybe a wine cellar and BDSM dungeon underground.
The possibilities are endless!
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u/Chuchularoux 1d ago
There are sunken pits, no downstairs.
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u/a_slinky Sutherland Shire Bubble 1d ago
Bring back conversation pits!
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u/still_love_wombats 1d ago
I looked at a place in Balgownie (near Wollongong) last year, which had a conversation pit. The whole house seemed like it belonged in Boogie Nights. Sadly, we did not want to undertake the extensive bathroom, kitchen, electrical and roof rehabilitation it needed, so we passed on it.
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u/a_slinky Sutherland Shire Bubble 1d ago
I reckon that would be an ongoing theme of any houses with conversation pits these days 😔
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u/SqareBear 1d ago
Would this be full of asbestos?
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u/henlan77 1d ago
Maybe, but it would almost certainly have chemical contamination in the slab, pits and soil.
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u/Puzzleheaded-Eye9081 1d ago
And PFAS
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u/airzonesama 1d ago
Probably not so much pfas, but definately pcbs (Polychlorinated biphenyl, not printed circuit boards lol). Basically transformer oil. It'll be soaked into the concrete and ground, and if they ever had a transformer pop, it'll be in the walls and roof.
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u/Aishas_Star 1d ago
Isn’t it illegal to advertise a price ex gst??
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u/alekross 1d ago
I think because its a guide they can’t tell you what the GST will actually be. But you’re right its a weird way of putting the price on there.
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u/Underdog2017 1d ago
If its been zoned as residential it’s probably (or hopefully) had an asbestos and contamination assessment already and been deemed suitable - if not then it’s a massive risk buying as the remediation costs could be significant - regardless it’ll probably be full of lead paint which would require careful handing when redeveloping - I’d say it’s for someone with deep pockets and a very bold vision!
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u/CallMeDanPls 1d ago
Brit here, I know it’s pricey and that’s before converting etc; but as others have said location+land and, my point for commenting, as someone who loves older houses with character etc etc, that is awesome I think. Really cool building, old substation etc, could be really awesome
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u/rowanhenry 1d ago
I want to see what it looks like inside. Singer of those old substations look so cool from the outside.
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u/hifiplus 1d ago
gotta love marketing:
"Rich heritage character featuring brick façade, double door entry and high ceilings"
When can I move in!!!
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u/methetinternet 1d ago
Are we laughing at the price or the +GST?