Its the land, not the building. Location, location, location.

That's a full acre lot. Someone is going to tear that house down and build a mansion. The house is worthless, it will cost money to demolish, the land is what people are paying the money for.

Wtf even is an AUD? Did you mean to say Audi? 2 million Audi's for that pile? An AUD sounds worthless

Australia is so far gone...