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One lucky buyer has just spent a jaw-dropping amount of money on six car spaces in Sydney CBD.
A group of six car spaces, combined into one lot, with unrivalled access to Circular Quay have sold for a record $3.6 million.
The 85 square metre plot works out to a total of $600,000 for each car park, or $42,857 per square metre.
The site is just 150 metres from the Circular Quay Ferry Terminal and is nestled under The Quay residential tower on Phillip Street.
Lot 51, 2 Phillip Street was described as “ideal for nearby office and residential owners, corporate institutions, or savvy investors,” in the listing by Colliers Real Estate Agents.
The sale price smashed the agent’s expectations and is believed to be double the previous biggest car park sale at Notts Avenue in Bondi.
Agents James Cowan and Cameron Colquhoun handled the sale.
