THIS weatherboard box could be Victoria’s most expensive real estate. A pair of young families yesterday paid $455,000 (£251,214) for the 22-square-metre boat shed at auction because they wanted a place to store their beach gear.
Auctioneer Warwick Anderson said the sale of Boat Shed 21 on Shelley Beach in Portsea eclipsed the previous record of $362,000 two years ago.
”The new buyers both have houses off the cliff, out the back of Portsea,” he said. ”They were sick of lugging all their stuff up and down the beach.”