PHOTO: This Potts Point car spot sold for an insane price. Picture: realestate.com.au Source: Supplied

It’s not just Sydney’s house prices that are ridiculous – a vacant car spot in the city has fetched a crazy amount of money.

In what is the least surprising news when it comes to Sydney’s real estate market, someone has paid an enormous amount of money for not a great deal.

The different with this eye-watering sale though is that the buyer didn’t get a bedroom, bathroom or any kind of view for the purchase.

Just a car space. Although, as the realtor explained, that’s a sought-after asset in this part of town.

When the listing was shared on social media, people were shocked but not entirely surprised given the heat in the property market.

Advertised on realestate.com.au, listing agency Laing + Simmons described the ‘Car Space in the heart of Potts Point’ as a huge opportunity.

“An opportunity exists to purchase an easy access, undercover, secure car space, positioned on the entry level within Macleay Apartments; giving its owner additionally, the use of the outdoor swimming pool.

“Macleay Apartments sits in the heart of cosmopolitan Potts Point, adjacent to Woolworths, in one of Sydney’s most desirable precincts and walking distance to the CBD.”

The ad also broke down the fees, which include a ‘Strata Levy: $209.60 per quarter’ and ‘Council Rates: $188.90 per quarter’.

It didn’t take long for a new owner for the little slice of concrete to be found, and they paid a pretty penny for the car spot – a staggering $225,000.

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