$40 million dollar boat shed is Sydney’s top sale so far this year

It took all but a few weeks for the most expensive boatshed offered for sale in Australia to sell. The Point Piper boat shed traded for $30 million only four years ago making it the most expensive property sold this year.

The O’Neil family bought the the boat shed in 1958 for £9,000. For decades the private playground of the wealthy.

The two-storey boatshed is set on almost 2,000 square metres with Harbourside swimming pool, one of the largest private marina berths and a DA to convert it into a house.

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