A record sale price has been achieved for an iconic beach box on Melbourne's Mornington Peninsula.
It was purchased by a mystery buyer for a staggering $275,000, after just three weeks on the market.
The seaside shack at Rye has no power or water - and there's just one room - but it does have nice views.
Real estate agent Jenny Fink told Seven News beach boxes are extremely popular on the property market because they do not go on sale very often.
"It sold so quickly because there are so few of them," she said. "To me it was a very good buy on behalf of the purchaser."
It is understood the price tag does not include the land the shelter sits on as this is government owned.
The price has beaten the previous record by $105,000.
The same money could buy a two-bedroom house in Rosebud or a one-bedroom flat in Elwood.