Shelley Beach, Portsea boatshed sells for record $615,000
The Portsea boat shed 23 fetched a record $615,000 when auctioned this weekend.
Set at the foot of the track to Shelley Beach it (pictured above) had been tightly held for over four decades.
The most recent Shelley Beach, Portsea boat shed auction was on the 2015 Australia Day weekend auction (pictured above) which fetched $553,000 for box 28.
Another boatshed on the beach set a record $585,000 in 2011 when five families competed for the box 27 offering.
In 2010 a pair of young families paid $455,000 for boat shed 21 on Shelley Beach.
In late 2007 there was a $362,000 sale.
It is one of about 40 bathing boxes on Shelley Beach.
There are about 2000 boatsheds and bathing boxes around Victoria, predominantly on the shores of Port Phillip Bay and Western Port.
Shelley Beach is considered Victoria's most exclusive holiday locale as its offers cliff top owners uninterrupted northern views over the bay.
Box 23 was offered for Sunday auction onsite by Kay & Burton agent Liz Jensen and auctioned by the agency's veteran Gerald Delany who shows no signs of handing in his gavel as he approaches 65 next week.