• News
  • Life
  • TV & Film
  • Beauty
  • Style
  • Home
  • News
    • Celebrity
    • Entertainment
    • Politics
    • Royal Family
  • Life
    • Animals
    • Food & Drink
    • Women's Health
    • Mental Health
    • Sex & Relationships
    • Travel
    • Real Life
  • TV & Film
    • True Crime
    • Documentaries
    • Netflix
    • BBC
    • ITV
    • Tyla Recommends
  • Beauty
    • Hair
    • Make-up
    • Skincare
  • Style
    • Home
    • Fashion
    • Shopping
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
Submit Your Content
Family rejects £26million offer from developers to keep hold of their 'dream' home

Home> News

Updated 17:29 18 May 2023 GMT+1Published 17:27 18 May 2023 GMT+1

Family rejects £26million offer from developers to keep hold of their 'dream' home

That's some serious willpower...

Kit Roberts

Kit Roberts

An Aussie family has refused to leave their home despite a hefty offer from property developers on the site.

It can take a long time to find your dream home, and sometimes no amount of money can replace somewhere that feels truly like home.

At least, that's what one family thinks after developers tried to buy them out in order to demolish their house for a new estate.

The house does stick out in the neighbourhood.
7News

Advert

Developers approached the family and offered them a whopping £26 million ($50 million) for their house, which is just 40 mins away from the centre of Sydney. Given that £26m could buy you a magnificent castle in Scotland, a five-bedroom penthouse in Regent's Park, or a Tudor mansion, you would think this might be quite a tempting offer.

However, for the Zammit family, even the prospect of enough money to buy a literal castle wasn't enough to make them give up their home. It is a very lovely home, to be fair.

The house is surrounded by five acres of land, as well as a panoramic view of the Blue Mountains surrounding the property. Developers confirmed there was enough space for 50 houses, which would be divided up into blocks of 3,200-square-foot and each potentially worth around one million dollars.

Local real estate agent Taylor Bredin gave credit to the family for not selling up and moving, despite the offer. He told 7News: "The fact that most people sold out years and years ago, these guys have held on. All credit to them."

Advert

The land would be enough to build 50 houses on.
7News

Nonetheless, the family have said that the development, which has seen their home surrounded by suburban housing, has radically changed the landscape.

Mum Diane Zammit, 50, told Daily Australia: "It used to be farmland dotted with little red brick homes and cottages. Every home was unique and there was so much space - but not any more. It's just not the same."

The family's neighbours are impressed at their stubbornness and refusal to move.

Advert

One neighbour, whose house is directly opposite, said: "I will wave to them when I see them outside and they always wave back, but I don't really speak to them.

"I'm very happy they've refused to sell - it means we have a cul-de-sac which is much safer for our kids - and their big lawn next to us makes it feel like we've got so much space.

"Our neighbours don't get that because the other houses are so close together. We're very grateful! I hope they stay."

Well, it seems like there's no doubt they will!

Featured Image Credit: 7News

Topics: Australia, Life

Kit Roberts
Kit Roberts

Kit joined Tyla as a community journalist in 2023. They previously worked for StokeonTrentLive, The Mirror, and the Daily Star.

Advert

Advert

Advert

Choose your content:

7 hours ago
8 hours ago
  • LAURIE DIEFFEMBACQ/BELGA/AFP via Getty ImagesLAURIE DIEFFEMBACQ/BELGA/AFP via Getty Images
    7 hours ago

    Melania Trump’s signature on Putin letter sparks huge conspiracy theory

    The address claimed the Russian president could 'serve humanity' by ending the Russia-Ukraine conflict

    News
  • TodayToday
    7 hours ago

    13-year-old survivor of mass shooting says classmates thought gunshots 'were fireworks' as attacker opened fire

    Robin Westman, 23, took the lives of two children aged eight and 10 years old and wounded 17 additional people yesterday (27 August)

    News
  • Andrew Harnik/Getty ImagesAndrew Harnik/Getty Images
    7 hours ago

    JD Vance reveals his surprisingly honest opinion about Trump’s decision to cover White House in gold

    The US Vice President shared his thoughts on the pricey renovation

    News
  • Clive Brunskill/Getty ImagesClive Brunskill/Getty Images
    8 hours ago

    Tennis player responds to racism allegations after row erupts at US Open

    Latvian player Jelena Ostapenko has taken to Instagram to address the accusations following her match against US player Taylor Townsend

    News
  • Only surviving guest of deadly mushroom lunch issues shocking statement to murderer Erin Patterson
  • Family of brain dead woman who had baby delivered while she was forced to be kept alive speak out
  • 'Shameless' mum slammed after launching GoFundMe to help her build 'dream home'
  • Boss divides opinion after giving blunt response when employee asked to work from home