Builders and early home buyers are eyeing a Ukrainian refugee’s Paddington Terrace, which has been virtually untouched since shortly after it was purchased for $10,000 in 1968.
BresicWhitney agents Christopher Breedon and Josh Fleming have a $1.5million guide for the two-bedroom terrace on a small 68sqm block at 50 Comber St, which will go up for auction on August 20.
Helene Szanto, now 96, had not long since fled Soviet-occupied Ukraine in the turmoil preceding the invasion of Czechoslovakia when she and her late husband bought the house.
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“My husband was part of the renovation team for a block of four houses, including our house,” Szanto said.
“He was offered the opportunity to buy one of the houses.
“He bought the house for $10,000 and completed the renovations, including building the kitchen and bathroom.”
Her husband died many years ago and the whitewashed cabinets and colorful wallpaper in the kitchen are from a bygone era.
The living room carpet is also very worn, but Szanto says, “It’s been a really good home for me – it’s kept me going.
“We’ve had many great family dinners here, including with my great-great-grandchildren.”
Although Szanto continues to be mobile, she now wishes to move to a single storey property.
Breedon said there were 30 groups at Saturday’s first open day.
“It’s going to be the builders or the first owners who think they want to take it on and end up living in it after they fix it,” Breedon said.
The neighboring house at No. 52 sold in March this year for $2.3 million.
“It’s been remodeled with an upstairs bathroom — that’s what people envision,” Breedon said.
“And we sold No. 60 for just over $2.5 million – one of those at the end of a bigger block with a car space in the back.”
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Originally published as the Paddington Terrace of Ukrainian Refugees which fetched $10,000 in 1968, generating a lot of interest