This 'uninhabitable' shed in Balmain is selling for between $200,000 and $300,000

Photo: Domain

Property prices in the inner west region of Sydney have skyrocketed 11.8% over the past year to August.

Just this week, a tiny, uninhabitable laundry shed in the backyard of a heritage-listed house in Smith street in Balmain, about a 15 minute drive from Sydney’s CBD, was listed with an asking price of between $200,000 and $300,000.

The listing says it was once used as a laundry and incinerator for the house, which was subdivided into 8 apartments last year.

Here’s a look at the derelict backyard shed that’s selling for hundreds of thousands of dollars.

The listing says the shed could be turned into many things. A small residence, office or art studio were suggested.

Photo: Domain

It's close to leafy parks, schools, funky bars, restaurants, shops and transport.

Photo: Domain

The whole block is 54 square metres. The garden area can fit 3 cars.

Photo: Domain

The shed comes under the local heritage listing of the main apartment block meaning future plans would have to be approved by a heritage architect. Concept plans were recently drawn up for a one-bedroom unit on the site, and are available for the buyer.

Photo: Domain

You can access the shed down this little laneway.

Photo: Google StreetView

The shed is at the back of this block of heritage-listed building. All of the apartments in the building sold this year.

Photo: Google StreetView

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