{"id":69456,"date":"2024-06-20T17:15:54","date_gmt":"2024-06-20T07:15:54","guid":{"rendered":"https:\/\/www.vibewire.com.au\/?p=69456"},"modified":"2024-06-20T17:16:31","modified_gmt":"2024-06-20T07:16:31","slug":"tiktok-mansion-cops-3m-price-cut-but-enter-at-your-own-risk","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=69456","title":{"rendered":"TikTok mansion cops $3m price cut but enter at your own risk"},"content":{"rendered":"\n

Potential buyers can only enter at their own risk, but the famously graffiti-ridden waterfront property Morella \u2014 also known as the \u201cabandoned TikTok mansion\u201d \u2013 is nonetheless expected to fetch between $9.6m and $10.5m through an expressions of interest campaign.<\/p>\n\n\n\n

Now on the market with a new agent, Bo Zhang of Atlas Lower North Shore, the formerly glamorous mansion that once featured in Australian Home Beautiful magazine has seen a price drop from $12m.<\/p>\n\n\n\n

\u201cThis house called\u00a0Morella<\/a>, and the whole street is called Morella Rd, so that just shows what a significant and iconic building it once was. People just love it because of its history and all of the rumours,\u201d Mr Zhang said.<\/p>\n\n\n\n

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\u201cBuyers I\u2019m showing through love in the location, of course, and how close it is to the beach and Chowder Bay Reserve. They love the View and the potential to restore a historic building into a modern, high tech smart home.\u201d<\/p>\n\n\n\n

One of Mosman\u2019s most talked about properties, which has become a TikTok and YouTube hit with close to 100,000 views, the dilapidated heritage home sits on 891sq m of prime land at 5 Morella Rd and offers the potential for enviable harbour views and a fresh DA approval for a luxury four-bedroom house.<\/p>\n\n\n\n

The crumbling 1930s residence hasn\u2019t been lived in for more than 20 years, features smashed windows throughout, is furnished with rubble and wannabe buyers must sign a waiver to enter, however, it has remained largely unchanged since it last sold under the hammer for $6.6 million in 2016.<\/p>\n\n\n\n

\u201cI can\u2019t just hold regular inspections twice a week like I would for any home,\u201d Mr Zhang said.<\/p>\n\n\n\n

(Real Estate)<\/p>\n","protected":false},"excerpt":{"rendered":"

Potential buyers can only enter at their own risk, but the famously graffiti-ridden waterfront property Morella.<\/p>\n","protected":false},"author":22,"featured_media":69459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[273,471],"tags":[10714,10711,2139,10712],"class_list":["post-69456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australia","category-news","tag-australian-property","tag-morella","tag-sydney","tag-sydney-property"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t