Paul Nees

Owners selling pools and tennis courts for millions

PHOTO: Ray White agent Paul Nees has a Lane Cove tennis court for sale as many Sydney siders look to make extra cash by subdividing their homes. Picture: Tim Hunter. Source: News Corp Australia

Demand for land is seeing homeowners across Sydney make millions of dollars by selling unwanted swimming pools, tennis courts and even driveways.

Sydney homeowners have been snapping driveways, tennis courts and pools off their properties to sell as ­pricey blocks for new development in the latest sign the city property market is firing up again.

A range of abnormal blocks carved off their original allotments have come up for sale with price tags ­between $600,000 and $2 million, with agents reporting the sites will most likely be transformed into high-end homes, duplexes and other housing types.

Among the strips of land now on the market is a 648sqm block in Lane Cove with price expectations of $1.8 million.

A swimming pool on Marsden Rd in Carlingford has been subdivided and is for sale.

A swimming pool on Marsden Rd in Carlingford has been subdivided and is for sale. Source: Supplied

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