Forgotten mansions across Melbourne on the market for hefty price tag

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Is a million-dollar mansion worth the price if millions more will still need to be spent in restoration? 9News

But with millions more needing to be spent, are they a good buy?

One East Melbourne mansion sits on the edge of Fitzroy Gardens. The property is almost 150 years old and showing its age.East Melbourne mansion sits on the edge of Fitzroy Gardens, the property is almost 150 years old and showing its age. Inside, there are bare brick walls, missing features and remnants of a business long gone. But despite the condition, the asking price is more than $13 million.The property is still on the market for more than $10 million."It's going to be harder to sell those top-tier properties now than it would have been 12 months ago," she said.

 

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