If you were wondering how the property market is going at the moment, this one listing is here to prove that it’s still absolutely bonkers.

A laneway between two homes in Coffs Harbour in NSW has hit the market for a high price in comparison to the block’s size.

The land is just 2.6 metres wide and 50.3 metres long and has been listed to sell for $69,000.

 

 

 

Advertisement
Advertisement

 

 

 

 

 

 

Advertisement
Advertisement

 

“Unclear what you would use it for but everyone or any block of land has a use and value to someone,” reads the listing on realestate.com.au.

Literally we have no ideas. You couldn’t even park a car down there because it’s not wide enough? Maybe you could build a really long garden, but of course that still brings the question, WHY?! Why would you pay $70K for that?

Despite the small size and limited use, the listing agent Mark Killian is confident that the block will sell.

Advertisement
Advertisement

“I’ve sold a few unusual listings like this and they always sell because everything is worth something to someone,” Mr Killian said to News.com.au.

He even said that he’d sold a similar block in Pillar Valley in Northern NSW to a kayak club that used it for storage. So we guess there’s one use for it.

What would you use it for..?

Want more? Here's one of our fave moments from Jase & PJ – they’re always up to something! Weekdays from 6AM on KIIS 101.1!