"We regret that the previous long-term owner did not share this vital part of the property's background with us," developers said in a statement.

Developers responsible have issued an apology, claiming they had no idea of the Sydney property's cultural significance.

In 1963, the Young family moved from Scotland to Sydney, where they spent some time at a migrant hotel and a few rented houses before settling into a permanent home at 4 Burleigh Street. In 1964, George Young,

He went on to pledge that the team plans to salvage materials from the site and honor the historic property by erecting a “special space,” like a cafe or bar, where AC/DC fans

The childhood home of Malcolm and Angus Young, where they laid plans to form AC/DC in 1973, was demolished last month by a company which said it hadn’t known the location’s history. The brothers and their family moved into 4 Burleigh Street in Burwood,