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This luxury boat shed just sold for $1.25 million — even though it has no bathroom or bedroom. See inside.

  • A converted boat shed in New Zealand just sold for a record $1.25 million.
  • The dinky-yet-colossally-expensive property has a catch — you can't use the bathroom or sleep there.

A 700-square-foot converted boat shed in New Zealand sold for a record $1.25 million late last month.

Its anonymous buyer may have dropped more than a million bucks on the property, but this doesn't mean they'll get to sleep in it, or even use its bathroom — it's actually forbidden to use the boat shed as a live-in residence, and it doesn't come with a bathroom or bedroom.

Despite this, the tiny historical property at Whakatakataka Bay, Ōrākei, ratcheted up the highest price ever paid in New Zealand — that's just over $2 million in local dollars — for a boat shed, the Herald on Sunday reported.

Scroll down to see what a $1.25 million luxury boat shed looks like inside and out.

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