PHOTO: 52 Bathing Box Esplanade, Brighton is up for sale. Photo: RT Edgar Bayside
A wave of beach boxes and boat sheds have been listed for sale as the Melbourne and Sydney property markets show signs of improvement.
In Victoria more than 10 of these beachside havens are advertised for sale on the Mornington Peninsula between Frankston and Portsea.
It’s an area famed for boat sheds that can fetch almost $1 million depending on the location.
Some boat sheds have also hit the market in NSW.
Owners are listing the properties amid the improving market and the generational change happening along the coast, with tightly held properties now being sold by families who no longer use them, agents say.
Kay & Burton Portsea director Liz Jensen said boat sheds that had been in families for more than 60 years were being sold.
READ MORE VIA DOMAIN