A run-down, graffiti-ridden mansion in Cockatoo has sold for close to $1 million.
The striking property at 650 Woori-Yallock Road made headlines for going back on the market in 2024. After an extended listing and a price drop, realestate.com reports a buyer has been found.
The residence has fallen into a dilapidated state after years of being unoccupied with scores of graffiti across the exterior and interior, damaged windows, overgrown vegetation and reported evidence of animals taking up brief periods of residency.
Originally listed early last year by Ranges First National Real Estate Belgrave and Cockatoo, the asking range was set for $1.1 million to $1.2 million for the 5.2ha site.
A new listing saw it drop to $900,000 to $950,000 after a time, and it’s reported that a man from South Australia has emerged as the buyer within that range.
Real estate director Mick Dolphin said they received 230 email inquiries about the mansion.
