PHOTO: This waterfront home in Chiswick is on the market with a guide of $6.5 million. Source: Supplied

Buyers are keen to get their hands on a rundown waterfront home in one of the inner west’s most desirable locations.

The five-bedroom house at 20 Fortescue St in Chiswick has a $6.5 million price guide and is described by listing agent Aladdin Hassen of The Agency Inner West as “extremely rare”.

On a 942sqm block, the home has incredible views of the water and is in original condition, requiring some work to get it up to standard.