AN Aussie beachfront “property” has hit the market for $280,000 – but there’s a very important catch.

The property in question is actually an old, narrow footpath located less than two metres from a playground.

The path on the Sunshine Coast is on the market for $280,000

3

The path on the Sunshine Coast is on the market for $280,000Credit: Richardson & Wrench
Social media users reacted with fury at the path's high value

3

Social media users reacted with fury at the path’s high valueCredit: Richardson & Wrench

The plot was sold for $107,000 (AUS$150,000) in 2019 but the price has now skyrocketed to $280,000 (AUS$400,000).

Located on Australia’s Sunshine Coast, the path is only 4.6 metres wide.

Its listing has sparked outrage online with users insisting you could barely park a “caravan” on it, never mind build a home.

Aussie sales executive James Henley told the Courier-Mail the spike in value is a result of the “crazy” prices seen in the sought-after area.

He said: “Prices are going crazy on the Sunshine Coast and what seems to be an ambitious price sets a new benchmark for an area.”

Mr Henley said the plot would be ideal for first time buyers looking to build a house.

Most read in Money

Social media users expressed their fury at the listing.

One said: “Council and developers with both hands in their pockets here, bl**dy disgusting.”

Another wrote: “I’ll be able to back the caravan in and just roll out the awning. Perfect.”

A third posted: “I’m selling my front yard for $400k if anyone’s interested.”

One user wrote: “That’s just ridiculous.”

Another person joked: “Act fast! Space here for more single car garages than you could poke a stick at.”

The plot is located next to a playground

3

The plot is located next to a playgroundCredit: Richardson & Wrench
We built a tiny house in our garden and Airbnb it out for £2,500 a month – it brings in double our mortgage

This post first appeared on thesun.co.uk

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Best fixed rate savings accounts: Deals are on the rise

Fixed savings deals are on the rise following the Bank of England’s…

UK homeowners forced to settle for below asking price, Zoopla says

Property website data shows housing market is slowing, with 44% less demand…

Apple chief Tim Cook’s pay cut… to £45m

Apple boss Tim Cook’s pay will be cut by more than 40…

HSBC hands Flutter a boost on Gold Cup day

The bookies may have edged it at Cheltenham yesterday even after Galopin…