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House with NO parking sells for $5 million but has wharf

An extravagant home in Sydney's lower north shore has sold for more than $5 million at auction for its stunning waterfront views, wraparound entertaining areas and enviable position. 

The property comes complete with an extensive list of luxurious features, but the one thing it doesn't have is parking.

However, that didn't stop one buyer from paying $5.02 million for the three-bedroom  Bay St home which has a ferry wharf on its doorstep. 

Listed by Nigel Mukhi and Peter Chauncy of McGrath Neutral Bay, the home was the first sale of its street for the year.

An extravagant home in Sydney's lower north shore was sold for more than $5 million and has a ferry wharf, but no car parking 

An extravagant home in Sydney's lower north shore was sold for more than $5 million and has a ferry wharf, but no car parking 

The home has the sought after combination of stunning waterfront views, wraparound entertaining areas and independent positioning

The home has the sought after combination of stunning waterfront views, wraparound entertaining areas and independent positioning

Listed by Nigel Mukhi and Peter Chauncy of McGrath Neutral Bay, the three-bedroom home was the first sale of its street for the year

Listed by Nigel Mukhi and Peter Chauncy of McGrath Neutral Bay, the three-bedroom home was the first sale of its street for the year

The sale was also the highest selling auctioned property from the lower north shore area for the week. 

More than 130 prospective buyers were attracted to

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